Workplace Learning Is Stable
The recently released ASTD State of the Industry Report shows investment in learning and development remains steady.
Writing in the November issue of ASTD’s trade journal T + D, Laleh Patel reports:
“Despite the uncertain economic conditions that recently plagued both the private and public sectors, the 2010 State of the Industry Report demonstrates a continued dedication to workplace learning and development in a variety of organizations worldwide. Although organizations made many changes in the past year to adapt to the economic environment, they continued their financial commitment to learning and development for their employees at levels nearly equal to or greater than those in past years.”
In the article Continued Dedication to Workplace Learning, Patel summarizes findings from the ASTD report. Among the highlights:
- ASTD estimates that U.S. organizations spent $125.88 billion on employee learning and development in 2009.
- Nearly two-thirds of the total ($78.61 billion) was spent on the internal learning function, and the remainder ($47.27 billion) was allocated to external services.
- The average annual learning expenditure per employee for all companies surveyed grew from $1,068 in 2008 to $1,081 in 2009 — an increase of 1.2 percent.