Why Funded Training Matters When Choosing an Employer
This article is part of the Training and Qualifications guide.
When candidates compare job offers, salary dominates the conversation. Benefits come second. Training and development is often an afterthought — mentioned briefly in the interview, vaguely committed to in the offer, and rarely weighted appropriately in the final decision.
This is a significant mistake, particularly for candidates at the early to mid stages of their career.
The compounding value of qualifications
A qualification gained through employer funding at age 28 can increase your earning potential by £5,000–£15,000 per year for the remainder of your career. Over 30 years, that is a value of £150,000–£450,000 in additional lifetime earnings — for a qualification that might cost the employer £1,500–£3,000 to fund.
No salary difference between two job offers is likely to be worth more than that, calculated over a career.
Why employer-funded is better than self-funded
Many candidates eventually fund their own qualifications. But employer-funded training is better for several reasons:
- The employer bears the financial cost
- Study time is usually provided within working hours
- The qualification is relevant to the work you are doing immediately
- The employer has a vested interest in your success — providing support, mentoring and flexibility
An employer who funds your qualifications is investing in you. That relationship changes the nature of employment significantly.
How to make funding a priority in your job search
Include funded training as a specific, prioritised item on your Optio wish list. Name the qualifications you want. Employers who offer them will match with you; those who don’t will not waste your time.