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Training Credits

After reading this article, we hope that you will have a better understanding what are training credits and why you should utilitise training credits for your training.

Training credits are pre-paid training dollars you purchased in advance (usually at a discounted rate) that can be redeemed for training courses later on. Training credits are beneficial and extremely flexible, allowing you to schedule your own training or for your staffs when and how you need it.

Two types of training credits available

1. Vendor Agnostic Training Credits. This type of training credits are issued directly by the training provider and can be redeemed for any of their off the shelf training courses or exams and usually not tied to any product from a specific vendor.

2. Vendor Specific Training Credits. As the name already implies, this type of training credits can ONLY be redeemed for vendor specific authorized training courses offered through their Authorized Training Centers (ATC) or directly with the vendor.

Benefits of training credits

Budget Friendly. Training credits enable you to better manage your training funds and optimize your budget. With these pre-paid credits, you get to secure the minimum training budgets aside rather then to go through rounds of purchase approval which sometime can be very time consuming especially if the amount requested is significantly high.

Cost Friendly. Beside being able to better manage costs by purchasing training credits in advance or at the time of license procurement, you can also enjoy substantial cost saving with structural discount that can goes as high as 25% discount with a minimum training credits purchase. (Note: Discount may varies thus it is advisable to check with your preferred provider.)

Time Friendly. Training credits are banked with the vendor or training provider of choice until you need to enrol for a class or attempt for an examination. Training credits may be redeemed for on-site, intructor-led, online training courses or a combination of these learning methods. However, on the flip side, training credits need to be fully redeemed or utilized before the expiry date which is typically a 12 months period from the date of purchase.

In conclusion, training credits will significantly increase your team productivity and thus reduced your time to market. With greater success deploying new technologies, it means a decrease in downtime and acceleration in the return on your training investment.