Training magazine's exclusive analysis of the U.S. training industry.
Pundits may have proclaimed the recession over, but the training industry—like most—has not been quick to bounce back. Some progress is being made: Total 2010 U.S. training expenditures—including payroll and spending on external products and services—inched up $600 million to $52.8 billion. But the reality is that 76 percent of survey respondents said their training budgets either stayed the same or decreased, while average training salaries plunged more than $2,000, according to Trainingmagazine’s Annual Salary Survey.
Other expenditures rose to $20.1 billion, taking up 38 percent of the total, up from 24 percent in 2009. The amount spent on products and services remained flat at $7 billion (13 percent in both 2009 and 2010). On average, organizations spent $562,934 on learning tools and technologies in 2010, which is up nearly $100,000 from the $483,789 spent the year before.
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