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Engage PEO is a US-based professional employer organization that utilizes cloud technology along with the legal expertise of an HR service team to provide outsourcing solutions for small to mid-size businesses. Engage PEO provides...Read more about Engage PEO
Optimum is a technology-enabled solution combining a comprehensive platform with outsourcing services for core HR functions, such as hiring/onboarding, employee training, performance management, and compliance/risk management. Thi...Read more about Optimum
Execupay is a technology-enabled HR solution offering payroll, background check, and benefits management services for small to midsize businesses across many industries. Execupay's customer service team can assist HR managers with...Read more about PlatinumHR
Paychex Flex is a human capital management solution that's designed using web-based modular technology and a dedicated service center to help meet the HR needs of employers of any size and industry. With a single login, users can ...Read more about Paychex Flex
TriNet provides a full-service solution that offers HR products tailored to the industry and strategic HR services for small to midsize businesses. With HR professionals, compliance and payroll experts, and benefit agents, TriNet ...Read more about TriNet
Asure HR Management
Asure HR Management
Asure’s end-to-end Payroll, HR, and Time and Attendance solutions were developed specifically for small to mid-sized businesses. Take your business to the next level with an integrated Human Capital Management platform that helps ...Read more about Asure HR Management
A full-service broker, PeopleStrategy offers expert benefits consulting, intuitive HR software and comprehensive administrative services to provide employers with a single source for the tools and resources to attract, manage and ...Read more about PeopleStrategy
Zenefits is an all-encompassing HR SaaS platform designed specifically for small to midsize businesses. The Zenefits People Platform includes a robust offering spanning HR, Benefits, Payroll, Well-being and Performance apps that c...Read more about Zenefits
LandrumHR is a technology-enabled HR platform that offers small businesses counseled one-on-one advisory services in compliance with employment laws and regulations. The LandrumHR platform supports recruiting, payroll administrati...Read more about LandrumHR
Assessment tools to healthcare, IT, entertainment and other sectors. Service programs assess the health of an organization's culture, people, processes and tools and optimize employee growth through strategic HR recommendations at...Read more about Change Accelerator
hr360 is a web-based, digital platform solution for businesses that need support in expanding current HR and compliance capabilities. With hr360, a team of trained SHRM professionals is available to help with complex questions on ...Read more about hr360
ADP TotalSource is a full-service HR solution for SMBs. It provides cloud-based HR technology paired with a team of experts to help businesses handle payroll, employment tax, employee benefits and benefits administration, HR polic...Read more about ADP TotalSource
WageWorks is a technology-enabled benefits management services platform that provides health savings, reimbursements and flexible saving accounts, Consolidated Omnibus Budget Reconciliation Act (COBRA) administration, and retiree ...Read more about WageWorks
Modern HR is a technology-enabled solution that offers human resource (HR) services to professional employer organizations (PEO) across various industries. It offers bundled service models, which assists clients with various admin...Read more about Modern HR
isolved is an employee experience leader, providing intuitive, people-first HCM technology. Our solutions are delivered directly or through our HRO partner network to more than five million employees and 145,000 employers across a...Read more about isolved
LPW Training is a technology-enabled solution that offers training services to businesses across the pharmaceutical and life sciences industry. The in-house team of trainers and facilitators create, develop and deploy customizable...Read more about LPW Training
ProService Hawaii is a technology-enabled HR platform that offers businesses in Hawaii one-on-one counseled advisory services in compliance with state and federal employment laws and regulations. The ProService Hawaii platform sup...Read more about ProService Hawaii
Popular Training Companies Comparisons
Buyers GuideLast Updated: October 15, 2021
Organizations have training requirements related to various business functions, such as compliance, customer services, and sales. However, they may not have the resources or time to create and implement dedicated in-house training programs.
Training companies provide corporate training services to organizations and save them the trouble of having to hire full-time training staff. They use the latest tools, techniques, and resources to develop and implement employee training courses, either on-site or virtually.
Choosing a training company that best meets your needs and budget is important. To help you with vendor selection, we’ve created a buyers guide that includes all the information you'll need.
Here's what we'll cover:
- What are training companies?
- Common offerings of training companies
- What type of client are you?
- Benefits of training companies
- Key considerations when selecting training companies
- Market trend to understand
What are training companies?
Training companies are HR service providers that allow organizations to outsource their employee training processes. Third-party training companies offer a range of services, including general business, employee development, compliance, and industry-specific training. Some companies also conduct informal training sessions, such as team building and soft skills.
To set up these sessions, training companies coordinate with the human resources (HR) departments of organizations. They work with HR professionals to customize employee training programs as per the individual needs of businesses.
Common offerings of training companies
In this section, we’ve listed some of the most common services offered by training companies.
|In-person classroom sessions||Traditional classroom-based training programs that are conducted at the client’s location for a single employee or a group of employees.|
|Virtual instructor-led sessions||Online training sessions that employees can attend from their work desks or as a group from a meeting room. Trainers usually use video conferencing tools to conduct these sessions.|
|Recorded video sessions||Prerecorded training sessions that are provided to client organizations, who can share them with their employees as required.|
|Train-the-trainer sessions||A training model that coaches subject matter experts or other potential candidates at client organizations to become trainers. These individuals can then train other employees.|
|Employee self-service resources||Training content, resources, and links that are provided to client organizations, who can upload them on internal HR systems or mobile apps for their employees.|
|Certifications||Certifications provided to employees who participate and successfully complete professional training programs.|
What type of client are you?
Before you start evaluating third-party training companies, you'll want to know which buyer category you belong to. Most clients belong to one of the below categories.
- Clients that need to outsource the entire training function: For some businesses, managing training processes in-house can lead to ignoring their core business operations and sometimes higher expenses. These businesses wish to outsource their entire training function to third-party service providers who can manage it on their behalf.
- Clients that need to outsource specific training processes: These organizations need training assistance with specific processes, such as employee personality development or training the trainer. They usually have in-house training staff, but they lack training experience in the required functions. Such clients should opt for training companies that specialize in the processes with which they need help.
Benefits of training companies
While some of the benefits of training companies may be clear from our discussion above, we've listed the most notable ones in this section.
- Provide access to training expertise: Training companies offer access to the best-in-class corporate trainers with expertise across domains, including leadership development and career development. You can leverage the expertise of these specialists to plan training calendars and policies for your organization.
- Save time: Training companies maintain a central repository of training resources that can be quickly matched with the requirements of your business. This helps save the time and effort required to identify and shortlist effective training programs, thereby allowing you to focus more on your core business operations.
Key considerations when selecting training companies
Listed below are some important points to consider when evaluating the services of a training company.
- Total cost of training: Training companies offer a host of training services, each available at a different price. When choosing a service provider, you should be careful about the total costs incurred. Set an expenditure limit, and select a training company that offers all the services you need within your designated budget.
- Security of business data: Training companies may ask you to provide employees’ confidential personal data, such as job profile, age, educational background, and skill set, to prepare a customized training program. When shortlisting service providers, check which data they’ll need access to. Also, inquire if they have any data security and privacy measures in place and if their services are compliant with industry regulations.
Market trend to understand
Here's a recent trend in the training services market that you should be aware of:
- Employers are taking the assistance of training partners: A growing number of employers in the U.S. are working with training partners to educate and upskill their employees. Employers are also allocating a dedicated training budget to support the professional development needs of their workforce.
Note: The application selected in this article is an example to show a feature in context and isn’t intended as an endorsement or a recommendation. It has been obtained from sources believed to be reliable at the time of publication.