Total 2016 U.S. training expenditures—including payroll and spending on external products and services—remained flat, increasing only .05 percent to $70.65 billion, essentially matching last year’s spending of $70.6 billion, according to Training magazine’s 2016 Training Industry Report.
Now in its 35th year, The Industry Report is recognized as the training industry’s most trusted source of data on budgets, staffing, and programs. This year, the study was conducted by an outside research firm May-July 2016, when members from the Training magazine database were e-mailed an invitation to participate in an online survey. Only U.S.-based corporations and educational institutions with 100 or more employees were included in the analysis.
Click HERE to download the full 2016 Training Industry Report.