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Top 10 ways to spend a learning stipend

Here are some of the best ways to make the most of a learning stipend.

We are looking at a woman's hands as she makes notes on post-its at her desk.We are looking at a woman's hands as she makes notes on post-its at her desk.

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Insights from Ellen Raim, Founder of People MatterWe focus more on solving than preventing People problems.

A learning stipend empowers employees to choose resources that suit their needs and interests. Here are some of the best ways to make the most of a learning stipend:

1. Learning platform subscription

Online platforms offer a wide range of content across various subjects. You can find a class that aligns with your career goals, from leadership training to technical skills. Electives Membership provides access to live learning experiences led by industry experts. These interactive sessions cover diverse topics, ensuring you stay engaged and continually learn new skills.

2. Professional certifications

Certifications can boost credibility and open new career opportunities. Certifications often come with shareable credentials that can be displayed on a LinkedIn profile, demonstrating expertise and dedication. (Note: Certificate programs are part of Electives Membership.)

3. Books

Investing in books, e-books and audiobooks allows for deep dives into topics at an individual pace. Whether it's a best-selling business book or a technical manual, reading is a timeless way to expand knowledge.

4. Workshops + seminars

Attending workshops and seminars can provide hands-on learning experiences and networking opportunities. Events relevant to specific industries are particularly valuable.

5. Conferences

Conferences offer unique opportunities to learn from industry leaders, attend breakout sessions and network with peers. Learning stipends can cover registration fees and travel expenses.

6. Language learning

Learning a new language can be beneficial for personal and professional growth. Learning stipends can be used to enroll in language courses or purchase language learning software.

7. Subscriptions to industry publications

Staying updated with the latest industry trends is crucial for leaders. Subscriptions to magazines, journals and online publications keep professionals informed and ahead of the curve.

8. Online communities + forums

Some online communities and forums offer premium memberships that provide access to exclusive content and networking opportunities with professionals in the field.

9. Health + wellness programs

Stipends can be used for health and wellness programs like stress management, mindfulness, yoga or fitness classes. Maintaining good health is crucial for productivity and overall wellbeing. (Note: Wellness classes are part of Electives Membership.)

10. Networking events

Investing in networking events allows employees to meet other professionals from your industry. Building a robust professional network can open doors to new opportunities and provide valuable insights and advice.

Pre-approve Electives Membership for your company's learning stipend

By pre-approving Electives Membership for your company's learning stipend program, you ensure that every team member has access to live, expert-led learning experiences. These interactive sessions cover a wide range of topics, keeping employees engaged and continuously developing new skills.

Why Electives Membership?

  • Diverse learning opportunities: From leadership training to wellness, there's something for everyone.
  • Interactive sessions: Live classes allow for real-time questions and discussions, enhancing the learning experience.
  • Expert instructors: Learn from industry leaders and subject matter experts.
  • Employee engagement: Keep your team motivated with relevant, engaging content.

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