The Huffington Post pointed out
Posted: Wed Jan 22, 2025 6:57 am
“When it comes to employee training, some small businesses are torn. They want their workers to be well equipped and productive, but they fear that these newly trained folks will desert them for higher-paying jobs at larger companies. That’s a narrow view, and a potentially dangerous one. Companies that fail to develop their employees could be doing damage not only to morale, but to the bottom line as well,” the Huffington Post reported in an article titled “Not Investing in Employee Training Is Risky Business.
” Consider this: “U.S. organizations spent $164.2 billion on employee learning and development in 2012,” according to the Association for Talent Development (ASTD). “[D]espite a continuously changing economic hong kong telegram mobile phone number list environment, organizations remain committed to training and development. Senior executives understand that a highly skilled workforce is a strategic differentiator. They are investing in the development of their employees and using technology, instructor-led training, and blended solutions to effectively meet training challenges.
” a few different studies that showed the positive results of investing in professional development. These included a report by the ASTD that revealed that “companies that offer comprehensive training had 218 percent higher income per employee than those with less comprehensive training, a 24 percent higher profit margin, and a 6 percent higher shareholder return if the training expenditure per employee [increased] by $680.
” Consider this: “U.S. organizations spent $164.2 billion on employee learning and development in 2012,” according to the Association for Talent Development (ASTD). “[D]espite a continuously changing economic hong kong telegram mobile phone number list environment, organizations remain committed to training and development. Senior executives understand that a highly skilled workforce is a strategic differentiator. They are investing in the development of their employees and using technology, instructor-led training, and blended solutions to effectively meet training challenges.
” a few different studies that showed the positive results of investing in professional development. These included a report by the ASTD that revealed that “companies that offer comprehensive training had 218 percent higher income per employee than those with less comprehensive training, a 24 percent higher profit margin, and a 6 percent higher shareholder return if the training expenditure per employee [increased] by $680.