Corporate Training & e-Learning Blog

Wednesday

Training Budgets Adjust Due to the Economy

An online survey conducted by ASTD asked people what changes have been implemented within their companies’ training departments to weather today’s turbulent economy. What have you seen in your company, and how does that compare to what these statistics show?

  • 49.7% reduced travel of learners for training
  • 42.5% reduced travel of instructors for training
  • 27.5% moved instructor-led courses to e-learning or web-based courses
  • 17.4% made no adjustments
  • 16.2% moved training in-house (instead of off-site)
  • Creation of new content – 15.6% reduced
  • Reuse of existing programs or courses – 15.6% increased
  • Training dollars per employee – 20.4% reduced; 0.6% increased
  • Expenditures for external services – 33.5% reduced; 1.2% increased
  • Training budgets for the remainder of the year – 34.5% reduced; 2.4% increased
  • Training hours per employee – 13.2% reduced; 4.8% increased
  • Tuition reimbursement – 6.0% reduced; 1.8% increased

0 Comments:

Post a Comment

<< Home


 

  • ©2004-2016 Jenna Sweeney
    All Rights Reserved