Study shows nationwide training increase despite economic setbacks
Staff Development Weekly: Insight on Evidence-Based Practice in Education, August 6, 2004
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The country's per-employee training expenditures rose from 1.9% in 2001 to 2.2% in 2002 according to the American Society for Training & Development (ASTD). The percentage of training delivered through E-learning also rose from 10.5% to 15.4%. ASTD released these training statistics in the "2003 State of the Industry Report." They claim that organizations spent more money on employee training, provided more hours of training, and used more technology to deliver training than in previous years. ASTD officials say that despite economic challenges, organizations continued to fund employee education. For instance, organizations spent $734 on per-employee training in 2001, and $826 in 2002.
Source: 2004 IOMA, Managing Training and Development
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