The skinny on workplace training

What is the future of workplace training? It is a well-known fact that during tough economic times the training budget is usually the first to go. However, research reveals that investment in workplace training is growing, albeit slowly.

Training surveys performed in 2012 have indicated that training spend increased by 5% globally. "We predict that spending on training will continue to increase at a similar rate during 2013" says Imogen Tarita, CEO, Alusani Skills & Training Network.

According to Tarita, business leaders are realising that it is not sustainable to slash training budgets or even put training on hold. Cost saving remains a priority for companies today and training is being viewed as an investment rather than an expense.

"...training current staff to do more or different jobs will be more cost effective than hiring externally to fill open positions."

Read the full article on www.skillsportal.co.za.

About the author

Cindy Payle is a journalist at Portal Publishing.

 
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