National training report: training costs still rising

by Desiree Schnoor

​In its 37th year, “the training industry’s most trusted source of data on budgets, staffing and programs”, The Training Industry Report offers data from companies over 100 employees. 41% of respondents were midsize companies (1,000 to 9,999 employees) and 61% of those completing the survey were managers or above in the organization. Finally, Manufacturing was well represented (10%) among the industry classifications, third only to Health/Medical Services (17%), and Finance/Banking (11%).

​While the total training expenditures from 2017 to 2018 decreased 6.4% to $88 billion, “training staff payroll” increased $5 billion, and “spending on outside products and services” increased more than $3 billion. For more specifics about how much all aspects of training are costing U.S businesses, see the accompanying infographic.