not doing sim raining because it costs money is an indefensible position
Money was the reason our big oil employer gave for only allowing captains to attend every three years, and copilots not at all, since it involved a trip half way round the world. Their aviation adviser said he saw no value in sim training, yet he attended yearly, but the word "safety" had been mentioned, so the company relented to the above extent. That was twelve years ago I admit though, hope things have changed.