How much should we invest in employee training? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
Question: We're a small manufacturing firm with fewer that 50 employees. It's
getting harder to find qualified people, so I'm advocating a stepped up
training program. Management is balking at the cost. We currently spend
a little over 1% of payroll on training. I think we should at least
spend 2% and preferably more. Am I off base? How can I make the case? -- Carol C., Oregon
Like death and taxes, change is one of the certainties of life. And in today's business world, changes seem to be occurring at a faster and faster pace. For that reason, every manager must know how to successfully guide employees through the change process....Click here to find out more.