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Personnel Today

UK firms wasting £160m a year on transport cost

by Personnel Today 19 Nov 2002
by Personnel Today 19 Nov 2002

HR departments are wasting 40 per cent of their training budgets on travel
costs.

A survey of 4,000 companies by IT services firm Parity, claims that more
than £160m is wasted by UK firms each year due to a lack of regional training
centres and a preference of training staff in London.

The research urges HR departments to invest in regional training centres and
online training facilities instead.

"At a time when purse strings are tightening, UK businesses are
becoming increasingly frustrated that significant proportions of their training
budgets are being spent on associated expenditure such as travel," said
Barbara Greenway, managing director at Parity.

"A lot of these budgets are soaked up by unnecessary costs because
companies do not realise they can use regional training centres. The purpose of
such training centres is to save companies and individuals time, money and
inconvenience, and to meet needs local business needs."

www.parity.co.uk

Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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