In 2022, corporate training expenditure in the United States exceeded $100 billion. An increase of $10 billion on the previous year, it’s the highest figure recorded to date. And it delivers a strong message: Training’s worth investing in.
But how do businesses know? And what exactly are they getting in return?
With that level of investment comes an expectation to understand impact. Which leads us to one of the hottest topics in L&D at the moment: training ROI.
If you’re reading this post, chances are you already know that training is an important tool for the modern enterprise. With this in mind, you’ll either have deployed, or are preparing to deploy, an LMS platform to cover your organization’s training needs. And from personal experience, you’ll have an intuitive understanding of the ways training can benefit your business and its bottom line.
Tags: Instructional Design • Learner Engagement • training ROI