Some 23 percent of organizations said they increased staff from the year before, while 59 percent said the level remained the same. The number for midsize companies increased from $808,355 in 2020 to $1.3 million in 2021. Average training expenditures for large companies decreased from $22 million in 2020 to $17.5 million in 2021.Outside products and services: Annual spending on external vendors and consultants, including all products, services, technologies, off-the-shelf and custom content, and consulting services.Training staff payroll: The annual payroll for all staff personnel assigned to the training function.
Total training spending: All training-related expenditures for the year, including training budgets, technology spending, and staff salaries.Note: Although small companies have the smallest annual budgets, there are so many of them (131,628) that they account for almost one-third of the total budget for training expenditures. organizations with more than 100 employees. Spending on outside products and services declined 24 percent from $10.7 billion to $8.1 billion, while other training expenditures (i.e., travel, facilities, equipment) decreased to $15.5 billion from $29.4 billion last year.Īs noted above, the training expenditure figures were calculated by projecting the average training budget to a weighted universe of 150,653 companies, using a Dun & Bradstreet database available through Hoovers of U.S. And training payroll rocketed 62 percent to $68.7 billion. training expenditures jumped by 15 percent. A major factor in that increase: The number of companies in the Dun & Bradstreet database used to calculate overall U.S. training expenditures rose nearly 12 percent to $92.3 billion in 2020-2021. 67% determine the need for purchasing products and servicesįocused on virtual learning and employee well-being and retention during the continuing COVID-19 pandemic, U.S.19% are mid- to low-level (based on title selection) associates.19% are developers or instructional designers.
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