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2009 Bersin Corporate Learning Factbook Shows US Training Spending Has Declined by 11%

18/02/09

Permalink 12:31:52 pm, by aCE talentNET Email , 193 words   English (US)
Categories: organisational development, engaging Talent, talent management

2009 Bersin Corporate Learning Factbook Shows US Training Spending Has Declined by 11%

A sobering reminder of some harsh decisions that have been made already...

Over the last year, companies have cut training spending and staffing; changed training program priorities; moved to coaching, informal learning, collaborative activities, and other less costly training methods; and increased reliance on outsourcing.
One of Bersin's most popular annual studies, the 108-page 2009 Corporate Learning Factbook analyzes a wide range of metrics for corporate training, including: budgets, expenditures per learner, cost per student hour, program priorities, budget allocations, staffing sizes, staff to learner ratios, staff to total spending, technology usage and budgets, and outsourcing spending. The study is based on data collected through an August 2008 survey conducted in partnership with Training Magazine.

This year's research found that the U.S. corporate training market shrunk from $58.5 billion in 2007 to $56.2 billion in 2008, the greatest decline in more than 10 years. Average training expenditures per employee (which include training budgets and payroll) fell 11 percent over the past year – from $1,202 per learner in 2007 to $1,075 per learner in 2008. Staff resources also took a hit. In 2008, large companies employed 3.4 training staffers per 1,000 learners, down from 5.1 per 1,000 in 2007; mid-sized companies employed 4.9 staffers per 1,000 learners in 2008, compared to 7.0 staffers per 1,000 in 2007.

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