Training Stats. Stat!

January 26th, 2008  |  Published in Factoids, Stump the Researcher

Do you know or can you point me in the direction to get information regarding money spent on training? Basically I just want numbers I can throw out when I’m pitching new biz like “the top 100 companies spend 1000 per employee per year on training” or “for a company with 100 employees or less you can expect to spend x”…
Yes, I can.

The article below is from a new report (released in Feb) looks good. The attachment is interesting. Let me know if you want anything else!

This is older, but worth a glance:

Corporate Learning Budgets Rising, But Salary Spending Remains Flat, Says Bersin and Associates February 15, 2007

The corporate learning market continues to grow, with company budget increases averaging 7 percent, according to the Bersin and Associates’ 2007 Corporate Learning Factbook. Total training spending grew from $51.1 billion in 2005 to $55.8 billion in 2006; spending on products and services grew from $13.5 billion in 2005 to $15.8 billion in 2006. While budgets have increased, salary spending over the last four years has remained relatively flat.

In 2005, 73 cents of every training dollar went to payroll expenses; in 2006, payroll expenses were 65 cents of every dollar.

Other findings from the study include:

  • Learning technologies are widely used by companies of all sizes.
  • Almost 60% of respondents use virtual classroom technologies, 40% have learning management systems, 25 to 30% use application simulation and rapid e-learning tools, and 14% use learning content management systems.
  • The average spending per learner is $1,273. The highest spending sector is technology ($2,763) and the lowest is retail ($519).
  • When it comes to learning programs, sales training and management/supervisory training are the program priorities for most learning organizations.
  • Outsourcing continues to grow, with highest planned increases in custom content development and LMS hosting.

Bersin & Associates claims the study is the most detailed and up-to-date view of corporate learning and development available. Said Karen O’Leonard, research director for the study, “Our rigorous research methodology, combined with the extensive survey database we have built over the last few years, gives us a unique ability to quantify key metrics and provide fact-supported analysis of important trends.”

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