Management Training Course Costs at Impact Factory: Pricing & Value Guide

How Much Does Management Training Cost?

Are you wondering how much do management training courses cost?

The average cost for open management training courses ranges from £550-£900 + VAT per person at Impact Factory.

Our management training equips leaders with critical skills for modern managers to improve strategy, operations, culture, and performance. Courses provide frameworks, simulations, and practice opportunities across essential disciplines like people skills, decision-making, and team leadership.

While exact costs vary, the investment delivers immense long-term value through enhanced leadership capabilities and increased employee productivity and engagement. Companies see benefits across key performance indicators.

Let’s explore the pricing of Impact Factory’s management courses and how to make the most of your investment in more depth.

Key Takeaways:

• Management training costs about £550-£900 + VAT for each person taking public courses at Impact Factory. Custom prices are available for in-house instructor-led training.
• The investment is absolutely worth it when you think about the long-term benefits. Leaders improve their skills. Employees become more productive and want to stick around longer.
• Do your homework to pick the right training company and courses that match what you want your managers to learn.
• See how well the training worked by asking participants, checking if skills improved, and tracking things like employee satisfaction. This helps maximise and keep the benefits.

How Much Do Management Training Courses Cost?

Management training course cost per employee can range from £550 to £900 + VAT for open management training courses at Impact Factory. Prices vary based on the length of each program.

Here is a breakdown of standard pricing for some of Impact Factory’s most popular management training courses:

Hybrid Courses

These are hybrid courses, meaning you can attend in-person or remotely as suits your circumstances. We have state-of-the-art zoom rooms and neatbar technology giving a real feeling of “presence” for those dialing in.

One-to-one Remote Skills Training

All our courses are available for the same price as two-hour, one-to-one remote training sessions. This format is very popular as it covers most of the material from the course, but it is tailored to the precise needs of the delegate attending.

In-House Management Training

At Impact Factory, we also provide in-house management training in similar disciplines, but you can also explore our training in senior management, stress management, or management skills.

Pricing for custom in-house management training programs varies based on your specific objectives, number of participants, program scope, and other unique needs.

Contact our team directly for a personalised quote.

What Influences Course Prices?

As our founding partner and Training Expert Robin Chandler explains, several factors impact our management training costs:

• Longer training lasting multiple days has higher overall costs than brief sessions.
• Shorter training up to 3.5 hours is a popular option for remote sessions. Join training from the comfort of your home, saving on accommodation, travel and venue expenses
  • Time-saving ​
  • Cost-effective
  • Accessible
• Delegate numbers – We generally keep the number of attendees to a maximum of 8-10 people per course ensuring personal attention to every delegate.
• We work predominantly with two trainers on each course. This ensures a total focus on the issues of the delegates attending in a creative and dynamic environment.

Justifying the Investment in Management Training

Course Content and Quality

Management training gives leaders all kinds of important skills and know-how from experienced trainers. The courses teach skills like communicating, building business relationships, managing projects, and other key skills managers need.

The training programs were put together by experienced professionals who know the subject really well. They include activities, roleplaying, and lessons focused on the main things managers need to learn.

People taking the course get to practice and play out specific issues, so they learn more quickly. All the specialised training and hands-on practice make the investment totally worth it for everything you pick up.

And if you’re looking specifically for a line management course, read through our guide where we dive into the principles behind our line management training curriculum.

Long-term Benefits of Training

While the money you put in upfront might seem a big cost, management training gives important long-term value to companies. Here are some of the benefits of courses like our line management training:

• Leaders get better at stuff like motivating and guiding their teams.
  
• When managers improve, employees get more engaged and productive.
  
• Skilled managers make work more enjoyable, so people want to stick around.
  
• The training prepares promising employees to move up faster.
  
• It gets everyone on the same page about the best ways to do things.
  

Over time, those benefits give you way more back than management training costs. Ongoing training also shows workers that the company cares about helping them grow.

Ensuring Value from Your Investment

Researching and Choosing the Right Course

Doing your homework is super important to pick training that gives you the most value for your money. Look for companies like Impact Factory that:

• Offer the type of training courses that teach skills your managers really need to learn and improve.
• Programs should match your goals. If you need more help, read this guide where we cover how to integrate line management training into your corporate strategy.
• Have teachers with a ton of experience in the topic. They should know how adults learn best.
• Understand your business, industry, culture and challenges. They can customise the training just for you.
• Let people practice skills through roleplaying, case studies and fun activities. This helps learning stick better.
• Give a certificate of completion showing who finished the training for your records.
• Provide extras like refreshers, online tools, manager support groups, and coaching after the course to keep the learning going.
• Have successfully trained other similar companies, with great reviews. This shows quality.
  

Looking into all this stuff closely helps you choose the right effective training programs that give your managers the skills they need and are worth the money.

Measuring the Impact of Training

Measuring if the employee training worked well is super important and should be one of the next steps after management training. It helps you see the value you’re getting for the money spent. Some key ways to check the training ROI (return on investment) are:

• Ask participants to take surveys, answer questions in interviews, or join focus groups. See if they were happy with the classes, teachers, training materials, pace and more.
  
• Give assessments before and after training to see if skills improved in areas like communication skills, making decisions, handling change, and more.
  
• Pick goals and track data like manager effectiveness, employee loyalty and satisfaction, productivity, and project time. See if the numbers get better.
  
• Look at metrics like employee satisfaction going up, fewer people quitting, more getting done, and projects finishing faster.
  
• Calculate the hard money savings or earnings that came from managers getting better at their jobs.
  

Doing this math in all these ways shows the value of the investment and helps decide future training and training budgets. It also spots chances to make the learning stick even more.

How Impact Factory Can Help

Impact Factory delivers immense value through interactive classes focused on real-world application of the new management skills. In-person training and hybrid and online courses accelerate professional development through role-plays, scenarios, assessments, and peer collaboration.

Impact Factory’s innovative Neat Bar Technology provides an inclusive learning experience in hybrid employee training programs. Our trainers have extensive expertise across the management disciplines leaders need today.

When you’re ready to advance your managers’ capabilities and performance, consider Impact Factory. Our tailored solutions and proven training approach drive measurable improvements.

Contact us today to explore options customised for your organisation and to request pricing information. Invest in your leaders and see the benefits for your business. The potential return on management training is immense.

FAQs

What are management training courses?

Management training courses teach leaders essential skills like communication, project management, decision-making, problem-solving, delegation, time management, and leading teams. Courses provide frameworks, best practices, and development opportunities.

Which is the hardest management subject?

Change management is considered one of the most difficult management subjects. Driving organisational change requires deep expertise across many areas, including psychology, communication, project management, and leadership. Change managers must understand how to motivate diverse groups of people through transitions while minimising resistance and disruption. Mastering this complex discipline takes substantial training and experience.

Should I take a management course?

Taking a management course is highly recommended for those aspiring to people leadership roles or already in management. Formal training accelerates expertise development in key areas like communication, performance management, organisational behaviour, project management, and leading teams.

Related Articles:

Now that you know how much our management courses cost, it’s time to choose the right one for you:

• Five Courses UK Managers Should Take – Explore the list of 5 courses that will help any manager to move their skills to another level.
• Choosing The Right Management Training – So, you have a few options in mind. But how do you choose the right management training course for your needs?
• How to Measure Your Management Training ROI – The management training journey doesn’t end with a certificate. Here’s how you can measure the impact and ROI of your management training.