CONTACT:
Lorri Freifeld
Editor/Publisher
Training magazine
Excelsior, MN (February 27, 2024)—2024 marks the 24th year Training magazine has recognized organizations that provide best-in-class employee training and development. At the top of the 2024 Training APEX Awards rankings is The Haskell Company (#1), followed by Transworld Systems Incorporated (#2); State Compensation Insurance Fund (#3); Paychex, Inc (#4); and Applied Materials, Inc. (#5).
Training magazine recognized the 2024 Training APEX Awards winners with crystal awards and revealed their rankings during the Training APEX Awards Shining Stars Gala held last night during the Training 2024 Conference & Expo at Disney’s Coronado Springs Resort in Orlando, FL. The black-tie gala was sponsored by Adobe, Awarding You, Brainier, iRewardify, and the Training Hall of Fame, with Brella Productions serving as the special events management partner. Adobe, Brainier, and iRewardify provided special giveaways, including an Apple Watch, gift cards and a donation to the winner’s charity of choice.
Training Hall of Fame Inductees and Special Awards
Medical Solutions and Rosendin were inducted into the Training Hall of Fame after earning a Top 10 ranking for four consecutive years. The Training Hall of Fame now numbers 17 companies.
During the Gala, Training also recognized innovative and successful learning and development programs and practices utilized by some of the Training APEX Awards winners. Best Practice and Outstanding Training Initiative award winners received crystal trophies. They are (in alphabetical order):
BEST PRACTICE AWARD WINNERS
- Allianz Life Insurance Company of North America for True Balance
- Compass One Healthcare for ProPEL
- Southern New Hampshire University for ELEVATE
- State Compensation Insurance Fund for EDGE—Everyone Drives Great Experiences & EDGE The Winners Circle
- The Haskell Company for Quality Performance Training Program
OUTSTANDING TRAINING INITIATIVE AWARD WINNERS
- Applied Materials, Inc., for Enhanced Knowledge Delivery Program
- BankWest, Inc., for Value-Added Sales Training
- ESL Federal Credit Union for Workforce Management for Employees/Management
- Long & Foster Real Estate for New Agent Onboarding
- Novartis China for Small Medical Meeting: AI Enhancement
The Training APEX Awards is the only awards program that ranks companies unsurpassed in harnessing human capital. The Training APEX Awards ranking is determined by assessing a range of qualitative and quantitative factors, including financial investment in employee development, the scope of development programs, how closely such development efforts are linked to business goals and objectives, and their effectiveness in terms of behavior change and business impact.
Companies that wish to be considered for Training APEX Awards ranking complete a detailed application, which is scored both quantitatively (73 points) by an outside research and statistical data company and qualitatively (53 points) by Training magazine’s editor/publisher and Training Hall of Fame representatives.
“We salute the 2024 Training APEX Awards winners’ training brilliance, out-of-this-world innovation, and deep dedication to employee learning and development,” said Lorri Freifeld, editor/publisher of Training magazine. “These organizations continue to shine a light on the vital role training plays in organizational success.”
L&D Statistics
Some overall statistics from the quantitative analysis of the winning 2024 Training APEX Awards applicationsinclude:
- Some 26 new companies broke into the Training APEX Awards ranking this year.
- The majority of the winners are in the health/medical services and finance/banking industries.
- The mean revenue for winners was $10.4 billion U.S. and $8 billion worldwide. Representing 4.9 percent of payroll, the mean training budget was $12.9 million.
- The mean number of employees trained was 35,802. Winners had a mean of 89 full-time trainers and 85 part-time trainers. Organizations had a mean ratio of 210 employees per trainer. Technology infrastructure included: a learning management system (99 percent), talent management system (90 percent), and workforce management system (92 percent).
- Nearly 87 percent offered a tuition reimbursement program. A mean of 9 percent of eligible employees made use of tuition reimbursement programs in the last year. Median spend on tuition reimbursement programs was $230,296.
- All of the winners used employee satisfaction surveys, while 99 percent used competency maps. Some 72 percent tied managers’ compensation to the development of their direct reports.
- In terms of measuring training effectiveness, 92 percent of applicants utilized Return on Value; 93 percent used Return on Investment; 75 percent utilized Balanced Scorecard; and 71 percent used Six Sigma. Usage of the Kirkpatrick model was as follows: Level 1—98 percent; Level 2—97 percent; Level 3—98 percent; and Level 4—96 percent.
For a profile of each of the companies ranking in the Top 5 of the 2024 Training APEX Awards, additional information about the training efforts of all 105 companies, and details on the programs receiving Best Practice and Outstanding Training Initiative awards, see the March 2024 issue. The digital edition can be found online later this week at https://www.trainingmag.com.
Click here to order a copy of the issue or Training APEX Awards merchandise.
2024 Training APEX Awards Winners
- The Haskell Company
- Transworld Systems Incorporated
- State Compensation Insurance Fund
- Paychex, Inc
- Applied Materials, Inc.
- ESL Federal Credit Union
- Allianz Life Insurance Company of North America
- Long & Foster Real Estate
- Michigan State University Federal Credit Union
- Ascend Federal Credit Union
- Southern New Hampshire University
- Pilot Company
- Shaw Industries Group, Inc
- Novartis China
- CBE Companies, Inc.
- AAA Northeast
- Edward Jones
- Union Pacific Railroad
- Personnel Board of Jefferson County
- Guardian Life Insurance
- BankWest, Inc.
- Apple Federal Credit Union
- Walden Security
- FORVIS, LLP
- Two Men and a Truck
- ArcBest
- Hayes Locums
- First Horizon Corporation
- HD Supply
- VyStar Credit Union
- Dexian
- Premise Health
- The University of Texas MD Anderson
- JLL
- Panda Restaurant Group
- Veeam Software
- Gilbane Building Company
- Limbach Holdings, Inc.
- England Logistics
- Bell and Howell
- CarMax
- Carilion Clinic
- One Nevada Credit Union
- PPL Electric Utilities
- Navient
- CNO Financial Group
- CVS Health
- Bronson Healthcare
- Huntington National Bank
- Mariner Finance LLC
- Sovos
- Western & Southern Financial Group
- VSP Vision
- ConServe
- Cardinal Health
- Fisher Investments
- PartnerHero
- Northwestern Mutual
- Allied Universal
- MTM
- EisnerAmper
- Sunstates Security
- Collective Health
- Persistent Systems Ltd.
- Blue Sprig Pediatrics
- Microchip Technology
- Compass One Healthcare
- Huntington Learning Center
- Zensar Technologies
- Penn Station East Coast Subs
- Infosys Ltd
- HGS (Hinduja Global Solutions)
- Sundt Construction
- Hackensack Meridian Health
- Aptive Environmental
- Coast Professional Inc.
- Brose North America
- Dellbrook|JKS
- Greystar
- CCA Global Partners
- Nelnet
- Bright Horizons Family Solutions
- Cavco Industries, Inc.
- Prime Power Services, Inc.
- Argo Group
- Johns Hopkins Medicine: Patient Access
- Thermo Fisher Scientific Research and Safety Division NA
- Nebraska Medicine
- Caris Life Sciences
- Spectrum Enterprise
- Kimball Midwest
- General Dynamics Information Technology
- BWH Hotels
- University of New Mexico Hospital
- Fractal Analytics Pvt. Ltd
- LaSalle Network
- Unite Us
- Kraft Heinz
- PLK Communities
- Maryland Department of Transportation State Highway Administration
- Harris Health System
- National Head Start Association
- Discovery
- GoHealth
- OpenTable & KAYAK
About Training magazine
Training magazine is the leading business publication for learning and development and HR professionals. It has been the ultimate resource for innovative learning and development—in print, in person, and online—over the last 60 years. Training magazine and Training magazine Events are produced by Lakewood Media Group. For more information about the 2024 Training Conference & Expo, please visit: www.trainingconference.com