What are the financial benefits of CPD accreditation?
Many organisations from across all industry sectors use Continuing Professional Development (CPD) accreditation to add value to their training courses, eLearning, seminars, workshops and educational events.
There is an increasing expectation for professionals to undertake CPD, regardless of industry sector, career level, job role and responsibilities.
Over recent decades, we have seen the commitment to CPD reach far beyond the traditional industries and institutional bodies of the UK to what is now recognised and embraced across the world.
Financial Benefits of CPD Accreditation
Accompanied by such growth is the acceptance that academic qualifications must offer more vocational and skills-based or ‘practical’ learning.
A structured and methodical approach to learning enables employers across industries to keep key staff, develop the skills and knowledge in their organisations to maintain a sustainable and competitive advantage.
Obtaining industry-recognised CPD accreditation helps to formalise knowledge into a standardised format and enables professionals to see that your training courses and events reach a recognised level of educational value.
This overview provides the top 5 financial benefits of CPD accreditation and becoming a recognised provider of Continuing Professional Development with The CPD Certification Service. Established in 1996, The CPD Certification Service has over 27 years’ experience providing CPD accreditation.
With members in over 100 countries, our CPD providers benefit from the ability to promote themselves as part of an international community where quality is both recognised and assured.
Increase training and event attendance
One of the main reasons and financial benefits an organisation will look to obtain CPD accreditation for their training is to meet more of the right audience, increase delegate bookings and event attendance.
Recognised CPD accreditation can be used obtain new clients, as well as generate interest for events and courses, leading to growth in training and events revenue.
The CPD Certification Service accreditation process provides increased appeal to an organisations proposition, and naturally supports and further develops new and existing client relationships.
Gaining accreditation for training offers an endorsement for your organisation and greater profile recognition as activities would have had prior review and approval to industry standards.
Thousands of CPD training providers are sharing their skills with the world
CPD accreditation process
The CPD accreditation process is simple and helps organisations formalise their knowledge into a recognised approach to learning.
Step one
Contact our team
Use our simple form to contact our friendly team and tell us about your organisation, training courses and events.
Step two
Discuss your CPD
Our professional team can provide information on the steps to get courses accredited and become a CPD training provider.
Step three
Become CPD accredited
As a CPD provider you can submit your training and events directly to the Assessments team for accreditation.
Present knowledge as industry experts
CPD accreditation supports organisations with creating a discernible competitive advantage from others within their market.
Gaining formal and independent CPD accreditation for training courses and events allows organisations to represent themselves as industry experts within the field and increases the likelihood of meeting the right target audience.
Being established as an industry expert through CPD accreditation presents an opportunity to charge more for products and services, as these will be recognised as superior and high quality to non-accredited competitors.
This opens up the potential for increased revenue and profitability. There is more on how CPD accreditation can improve business profitability in our article here.
Improved training quality standards
CPD accreditation ensures any learning materials and educational activities are evaluated to the highest learning standards.
This process provides an assurance that an organisation is always offering a product of the highest quality to audiences and lead to retained custom.
Should materials not meet the accreditation standards, our Assessments team provide detailed feedback to improve and develop learning materials.
The combination of increased competitive edge through the recognised expertise of accreditation, higher calibre staff and a well-trained workforce in a culture of learning, will ultimately make a business more productive overall. This forms the basis for increased growth and profitability.
What activities can be CPD accredited?
Continuing Professional Development accreditation covers a whole range of different learning methods. Our Assessments team review thousands of CPD courses, workshops seminars and events every year.
TRAINING COURSES
CPD training courses are the most well-known method of completing Continuing Professional Development. They vary in length and will often be specific to one subject or offer skills in a particular area of an industry.
SEMINARS
Seminars are a type of short course and are typically a few hours long, but sometimes last up to one day. CPD seminars provide an opportunity to focus on a particular subject matter in detail and they are usually conducted in group settings with interactive discussion allowing individuals to contribute.
WORKSHOPS
CPD workshops are interactive educational group sessions which are similar to seminars but with a few differences. CPD workshops are less theoretical and tend to offer a more hands-on, practical skills approach to learning.
WEBINARS
Webinars are a method of online learning which is held virtually and attended by an online audience. Often, the main objective of a CPD webinar is to educate and inform professionals in a short and concise manner about new and relevant information.
EVENTS
There are a number of different forms of learning that can be considered a CPD event. CPD events include conferences held at venues, often with keynote sessions and breakout learning by topic. Seminars and workshops may also feature as part of wider CPD events.
ONLINE COURSES
Online CPD courses are an increasingly popular method of learning that offer convenience and affordability. As in-person event and course materials can be shared free online, there is no need to attend.
Networking and industry connections
As a CPD accredited training provider and offering training and events to key stakeholders, organisations can look to grow their network and reach larger audiences in their industry.
CPD providers share their expertise and through networking can create new business opportunities for potential customers.
Furthermore, the basis of CPD creates a need to keep knowledge and skills up to date, which can assist an organisation to stay informed with the latest industry knowledge and market trends. This supports and allows them to maintain a competitive edge with increases opportunities for success.
Improve recruitment and employee retention
CPD accreditation can prove attractive to potential employees, making it easier to find the right individuals for job positions and attract a higher level of candidate.
A commitment to Continuing Professional Development (CPD) within an organisation can be an invaluable tool in providing the training benefits and employee development needed to secure a high level of employee retention.
Relevant training and development make professionals feel more valued by an organisation and more likely to stay. An embrace and accessibility of further CPD opportunities increase job satisfaction and mean employees are more likely to invest effort into progressing their careers within an organisation – thereby avoiding the costs of high staff turnover.
About The CPD Certification Service
The CPD Certification Service is a key driving force in the promotion of Continuing Professional Development, with CPD providers in over 100 countries across the world.
Benefits of CPD accreditation
Continuing Professional Development is a powerful learning tool that professionals from across all industries can apply to their lives to remain focused on improving skills and take an empowering approach to career progression.
Continuing Professional Development is a commitment to ongoing lifelong learning. CPD encourages looking forward and identifying opportunities to learn something new, refresh existing knowledge, and improve skills.
Working with The CPD Service
We have over 35,000 CPD providers, courses and events in over 100 countries, and more than 27 years' experience advising organisations on how to get courses accredited for Continuing Professional Development.
CPD accreditation benchmarks training courses and events to the highest recognised industry standards. Our Assessments team provide feedback and support to help improve the quality of learning where suitable. CPD accreditation offers reassurance and peace of mind to individuals undertaking the learning for their Continuing Professional Development requirements.
Apply for CPD accreditation today
Next Steps - Talk to our team
Find out how CPD accreditation can add value to your training and events. Support the millions of people who complete Continuing Professional Development each year.
