Report shows L&D intrinsically tied to employee engagement, retention and the talent pipeline.
STOCKHOLM, SWEDEN (April 9, 2019) - The 2019 U.K. L&D report released by findcourses.co.uk, the second whitepaper analysing trends and risks in the field of learning and development, found that UK training trends for 2019 have shifted drastically.
The survey of L&D professionals working in the U.K. revealed that 34% of companies predict a training budget decrease and only 65% of employees report feeling engaged at work, down from 76% in 2018. The report also showed, however, the market challengers who place learning and development at the heart of their business strategy were not only more likely to report a predicted increase in training budget (41%) but also a sustainable talent pipeline and happier employees.
The report shows the importance of an integrated learning and development strategy, highlighting best practice from a leaders across a range of industries to prove how learning and development can drive competitive advantage (crucial to employee recruitment and retention) as well as promote business sustainability both now and further into the future with use of the apprenticeship levy.
The report also highlights the fact that the UK’s training priorities are shifting. More businesses than ever report that Leadership and Management training is their top focus for 2019, whereas Diversity and Inclusion training makes the Top 10 ranking for the first time, overtaking compliance and IT training.
For more information on top L&D trends, industry best practice and the most recent statistics, click below:
About the L&D report: findcourses’ first L&D report, released in 2018, saw engagement and readership from over 10,000 HR and Learning professionals in the UK and worldwide. Released in May 2018, it has been covered by newspapers like The Independent and continues to be a source of valuable information, trend prediction and best practice guidance for the training industry as a whole.