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Give Yourself a Competitive Edge: Training by the Numbers

Written by Tashina Fleming | Jul 5, 2024 3:16:04 PM

Employee productivity

 

85% of new managers don’t receive formal training before becoming managers 6

 

1 in 3 employees say their organization’s training is out-of-date 7

 

80% of employees say learning new skills would increase their interest and engagement 8

 

8 in 10 people say learning provides them with a sense of purpose at work 9

Revenue growth

Companies with comprehensive training have 218% higher income per employee 8

72% of businesses say they’ve gained a competitive advantage after using an LMS 10

The average ROI for training is $4.53 for every $1 spent 11

Partner programs with training have double the revenue of those that don’t 7

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