A review of L&D budget allocations in 2020

Every team and business has had to shift its L&D budget in 2020. For many teams, this meant transitioning employees to partial or full remote work. For other teams, this meant making budget cuts to talent development programs. In either case, a major shift toward online training platforms happened in 2020.

Being able to adapt to how COVID-19 impacted your team while still maintaining operations was a learning lesson for all of us. But something unique that happened (and as you’ll find below) is that with the right L&D tools, any team can adapt.

Our team worked with Brandon Hall Group to see how teams and businesses adapted their L&D in 2020. We reviewed methods of training delivery, overall budget allocations, shifts we saw this year compared to 2018, and how to create your own L&D budget. Let’s dive in, shall we?

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