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10 Statistics of Corporate Training

Read: 10 Statistics on Corporate Training and What They Mean for Your Company's Future.

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10 Statistics of Corporate Training

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  1. 10 Statistics Of Corporate Training

  2. TRAINING MAGAZINE • In the year 2017, US training expenses rose significantly by 32.5% i.e. 90.6 billion dollars. Training expenses like travel, facilities, equipment & accommodation cost increased from 26.1 billion USD to 44.5 billion USD.

  3. RAPT Media Employees are disengaged in their training & development, which is costing an annual loss of 500 billion dollarsin the United States.

  4. Go2HR With the poor training of employees, 40% of the employeesleave their company in first year.

  5. Gallup Insights • 51% of currently employed adults in the U.S. say they are searching for new jobs or watching for new job opportunities

  6. Gallup Insights • Gallup finds that only 12% of employees strongly agree that their organization does a great job on-boarding new employees.

  7. Training Magazine • Average training expenditures for large companies increased from $14.3 million in 2016 to $17 million in 2017. Likewise, the number of small companies rose to $1 million from $376,251 in 2016.

  8. Global Marketing Insights • The e-learning market will exceed $200 billion by 2024, according to a new research report by the market research and strategy-consulting firm.

  9. Training Magazine • The rising trend of “bring your own device” (BYOD) among corporations is spurring the growth of the e-learning market as it allows users to access training on their devices without time restrictions.

  10. Training Magazine • Gamification is not a “video game at work”—a game veneer that attempts to create motivation through points and badges, fun and games. It is not about masking work by putting a game on top of it.

  11. HR Magazine • Companies investing $1,500 or more per employee per year on training average 24 percent higher profit margins than companies with lower yearly training investments do.

  12. 3E Software Solutions www.3esofttech.com +91-9916832878 hello@3esofttech.com Software3E +91-7290-970-980 Facebook.com/software3E Twitter.com/software3E

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