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Requesting Financial Assistance for Training – Engineering Career TV Ep. 21

Q: How can I request financial assistance for training from my engineering company?

Welcome to Episode #21 of Engineering Career TV. The topic for this episode is requesting financial assistance for training. 

I will spend most of the Engineering Career TV episodes answering questions that have been submitted from engineers around the world on how to rapidly advance their careers and live the lives they want to live.

You can submit questions for the show by clicking here.

Let’s jump into today’s topic: Requesting financial assistance for training, which is based on a question from Kyle, who asks the following:

Q: I’m looking for advice on how to approach my company to request financial assistance with personal development programs. I would like my company to pay for an upcoming Tony Robbins seminar which I believe will benefit me greatly both personally and professionally. 

I would like to approach the owner of my company or write him an email explaining the benefits of this to the company but I’m unsure how to approach this challenge. This is an intimidating task which I think many young engineers face and I think it would make a great topic for an episode. Thank you for all of the work you do and I look forward to hearing your answer.

A:  The full answer can be seen in the Engineering Career TV video above, but here are a few of the main points:

  • You’re going to have to communicate very clearly to your company how the value that you receive in that training will transfer back to the company.
  • Attempt to provide some kind of a case study with numbers and quantify things.
  • They’re going to be interested in not only the value that comes out of the training but also the time that’s lost from you attending the training.

Resources mentioned in today’s Engineering Career TV:

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The Engineering Mastermind 

I hope you found this episode of Engineering Career TV helpful.

To watch some of our other episodes, and get alerted to new ones, please consider subscribing to the show on YouTube (click here) and/or iTunes (click here).

What questions do you have about requesting financial assistance for training?

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To your success,

Anthony Fasano, PE, LEED AP
Engineering Management Institute
Author of Engineer Your Own Success

 

 

 

 

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