New research from eLearning and IMC (UK) Learning Ltd, shows that nearly nine out of ten HR professionals believe properly planned staff training can play a major role in addressing the challenges created by an economic slowdown. Despite this, over half of those questioned say staff training is one of the first budgets to be cut during bad times.
Recently, there has been much focus on the effects of the current economic downturn and impending recession, including streamlining businesses by cutting budgets. The survey, ‘Staff training during an economic downturn – opportunities and threats’, was designed to establish the views of HR professionals regarding the importance of training and learning in uncertain economic times.
Key findings emerged when HR professionals were asked about the effect of the economic downturn on training budgets. An overwhelming 80% agree that cutting training budgets at this time causes more problems than it solves, while 83% acknowledge that staff training is just as important during recession as when times are good.
Source: Training Press Releases
Visit the Fuse Learning website at: www.fuselearning.co.uk
You must log in to post a comment.