According to Gartner research, companies are currently spending an average of $1,200 per employee on training per year, and 86% of business leaders think that employee development is critical to driving business outcomes moving forward. And this is no surprise when you consider how quickly L&D is becoming the most innovative department inside any organization.
According to a recent 2018 Training Industry Report, businesses spent less on training technology in 2018 overall than they did in 2017. Yet, many businesses did spend more on their training payroll, and around 64% of training leaders surveyed agreed that they needed to purchase new training products and services.
Many of your employees will make New Year’s resolutions to get a new job or to learn a new skill. According to Statista, “learning a new skill” and “getting a new job” are two of the top 10 resolutions that people made last year. And they will most likely make these same resolutions again for […]
Although e-learning technology and mobile learning technology are on the rise in the modern workplace, so are blended learning approaches and techniques.
In yesterday’s post, we covered the most notable and lasting e-learning trends from 2018. Today’s post will cover notable e-learning technologies and forecasts you’ll want to know about. Continue reading to learn more.
Adding to yesterday’s post, here are a few more strategic partnerships you’ll want to form for your L&D department in 2018 and beyond.
In 2016, 98% of organizations said they would implement video as part of their digital learning strategy. And it will become more and more critical for your training programs to include effective video content in the near future. (Read “Why Your Training Materials Must Include Video Content in 2018” for more details.)
Video learning content isn’t just a passing trend in the learning and development industry. And if you want your organization to remain competitive in the years ahead, you’ll want to make sure to include video content in your training materials right now. Keep reading to learn more about why.
Salary increases have been fairly stagnant lately. That has been a surprise to many analysts due to typically strong correlations between low unemployment and wage growth. A new study shows that stagnation is likely to continue.
Approximately 30% of U.S. defined benefit (DB) pension plans currently have a funded status of 95% or higher, making a full buyout or significant risk transfer transaction a “feasible option” for a growing number of plans since the start of the year, according to a recent analysis by RiskFirst, a financial technology company that works […]