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The right employee training, development, and education, at the right time,
provides big payoffs for the employer in increased productivity, knowledge,
loyalty, and contribution from employees.
"Organizations continued to make healthy investments in employee learning
in 2018”, finds the Association for Talent Development’s 2019 State of the
Industry Report. Organizations spent $1,273 per employee in 2018 on direct
learning expenditure, compared with $1,252 in 2017."
This figure captures the design, administration, and delivery costs associated
with learning programs, including the salaries of talent development staff.
Organizations continue to exhibit a commitment to employee training and
development and learning. According to the report, the average number of formal
learning hours invested in employees also grew, to 34.1 hours in 2018. This
number was up from 33.5 hours in 2017.
This is the sixth year in a row that registers an increase in both the direct
learning expenditure by employers and the number of learning hours experienced
per employee.
The ATD report also tells the following about employee training content,
delivery methods, and what training and development education covered.
The top three areas of training content in 2018 were managerial and
supervisory (14 percent), mandatory and compliance training (11 percent), and
processes, procedures, and business practices (10 percent).
Technology-based learning accounted for 45 percent of learning hours
used, up from 41 percent in 2017.
13 percent of direct learning expenditures went to tuition reimbursement
programs.
The average cost of each learning hour slightly decreased from $82 to
$80.