Growth rate for training budgets reaches nine-year high
U.S. corporations continue to spend more on training and education for their employees. American companies spent 15 percent more on internal training in 2013 when compared with the previous year, according to research by Bersin by Deloitte published this week. This represents a nine year high-water mark in terms of the growth rate in spending on training, and signals that corporations are utilizing learning and development to fill emerging skills gaps present in the recovering economy.
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