Training budgets are set to rise as employers struggle to equip their staff with the skills to do their jobs, according to new research.
A survey of 68 HR managers and professionals across all industrial sectors, by Personnel Today’s sister publication IRS Employment Review, shows that more than a third of employers (35%) plan to increase their learning and development budgets in the next year. Just 12% are planning to spend less, while half expect to keep their budgets at the same level.
It shows nearly nine in 10 (87%) employers said that ensuring employee skills were up to scratch was a key training objective – reflecting the difficulties employers are encountering in finding the right people in a tight market environment.
Six in 10 employers also cited the need for training as a means of improving line managers’ people skills.
Respondents said formal classroom training, one-to-one coaching and external conferences were the most successful teaching methods, but more than a third had concerns over the adequacy of training within their organisation.
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