Training Spending Declines by 11%

Over the 12 months, companies have cut training spending and staffing; changed training program priorities; moved to coaching, informal learning, collaborative activities and other less costly training methods; and increased reliance on outsourcing.

This year’s corporate learning research found that the U.S. corporate training market shrunk from $58.5 billion in 2007 to $56.2 billion in 2008, the greatest decline in more than 10 years. Average training expenditures per employee (which include training budgets and payroll) fell 11 percent — from $1,202 per learner in 2007 to $1,075 per learner. Staff resources also took a hit. In 2008, large companies employed 3.4 training staffers per 1,000 learners, down from 5.1 per 1,000; mid-sized companies employed 4.9 staffers per 1,000 learners in 2008, compared to 7.0 staffers per 1,000 in 2007.

For more information, visit the Website www.bersin.com.

Over the 12 months, companies have cut training spending and staffing; changed training program priorities; moved to coaching, informal learning, collaborative activities and other less costly training methods; and increased reliance on outsourcing.

This year’s corporate learning research found that the U.S. corporate training market shrunk from $58.5 billion in 2007 to $56.2 billion in 2008, the greatest decline in more than 10 years. Average training expenditures per employee (which include training budgets and payroll) fell 11 percent — from $1,202 per learner in 2007 to $1,075 per learner. Staff resources also took a hit. In 2008, large companies employed 3.4 training staffers per 1,000 learners, down from 5.1 per 1,000; mid-sized companies employed 4.9 staffers per 1,000 learners in 2008, compared to 7.0 staffers per 1,000 in 2007.

For more information, visit the Website www.bersin.com.

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