Companies aren't slashing training spend, they are increasing it

Last post 02-07-2009 9:42 AM by Steve Milner. 1 reply.
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  • 02-07-2009 9:42 AM

    Companies aren't slashing training spend, they are increasing it

    In a bid to fight recession 80% of directors say their organisations have maintained or increased their training budgets over the past six months.

    Read: Companies aren't slashing training spend, they are increasing it.

  • 02-07-2009 9:42 AM In reply to

    RE: Companies aren't slashing training spend, they are increasing it

    It's great that companies are finding funds in their own budgets for training. Even though it might be 'tactical' rather than strategic, at least it's for training they deem neccessary. Contrast this with Government \(taxpayer) funded training which trickles through layers of brokers and bureaucrats, with what's left - after 'frictional losses' - spent on awarding NVQs in various skills of variable and often dubious benefit to individuals and their employers. Or are these just designed to keep the under-employed off the streets?

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