31% of employers to spend more on training
While students prepare for summer break, many workers may be headed to the classroom, recent research suggests. Nearly one-third (31%) of CFOs in a Robert Half Management Resources survey report their company’s training or professional development budget is higher this year than last. Only 11% cite a decrease.
CFOs were asked, “How does your company’s professional development budget for 2017 compare to 2016?” Their responses:
Increased significantly: 5%
Increased somewhat: 26%
No change: 57%
Decreased somewhat: 9%
Decreased significantly: 2%
In addition to formal classroom training, Robert Half recommends developing employee skills through job rotation and assigning workers to cross-functional teams. Even volunteer opportunities outside work can help hone operational and leadership skills.
Source: Robert Half survey, May 2017