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New CCL report highlights link between workplace investment in training and bottom line
A new report prepared for CCL through its Work and Learning Knowledge Centre discusses a methodology that enables organizations to assess their return on investment in employee training. The report, Connecting the Dots: Linking Training Investment to Business Outcomes and the Economy, brings together research from Canada, the U.S., Australia and Ireland. It shows that businesses that offer training to their employees generally get good returns and improved performance by employees.
Paul Cappon, CCL’s President & Chief Executive Officer thinks a highly skilled and adaptable workforce is critical to Canada’s economy. He says: “Currently, fewer than 30% of adult Canadian workers participate in job-related education, which ranks Canada near the bottom of OECD-member countries on this measure. Although it has been a hard sell, employers need to understand that training is an investment that will benefit their bottom line, not an expense.”
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