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.
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authorDesiree Schnoor holds degrees in psychology and public health. Her interests lie broadly in health and well being. She spends the majority of her efforts and love on her husband and four children. She has used her communication skills in health education and promotion for a large wellness corporation, as well as starting a women's mentoring program. She is utilizing her skill set at Virtual QE to convey the "quality of life" aspects of quality engineering. Archives
May 2019
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