Tag: Workforce Management

Most Employers Don’t Understand the Skills (and Gaps) of Their Workforces

Years ago, the key resource available to many companies was their physical capital. In an industrial economy, the primary drivers of productivity and profitability were machinery and other equipment used in the production of goods. While workers needed to be competent enough to operate this equipment and reliable enough to show up for work, labor […]

Top Organizations Invest More Time, Financial Resources in Training

Organizations increased their spending on employee development by 9.5 percent in 2011—to a per-learner average of $800, according to The Corporate Learning Factbook® 2012: Benchmarks, Trends and Analysis of the U.S. Training Market from Bersin & Associates. The firm also reported that large businesses nearly doubled their investment in social learning—to an average of $40,000. […]