90+ Employee Training Statistics in 2024: Investing in Employee Development

Explore valuable employee training statistics that show the growing demand for work training and development.

The demand for successful employee development and learning in growing companies is apparent. Thus, training is an essential part of an employees’ work development and organizational growth. It fuels a robust sector that delivers training programs and services to corporate organizations so workers can excel in their careers. Here are the latest employee training statistics that show the growing demand for work training and development:

General Employee Training Statistics

According to 92% of employees, employee training programs that are well-planned have a favorable impact on their level of engagement. (Axonify, 2018)
44% of small businesses prefer to provide training in a classroom environment with the assistance of an instructor, often known as instructor-led training. (Training Magazine, 2019)
Blended learning techniques and virtual classrooms are used by 27% of small businesses. (Training Magazine, 2019)
39% of small businesses employ classroom-led training, 25% use blended learning techniques, and 17% use virtual classrooms. (E-learning Industry, 2021)
A classroom-led training technique is used by 36% of major organizations, while a mixed learning approach is used by 34%. (Training Magazine, 2019)
32% of large businesses are more likely to use computer-based or online learning techniques than other training delivery methods. (Training Magazine, 2019)
6% of midsized businesses utilize mobile-based learning instead of 5% of small businesses and 4% of large businesses. (EdApp, 2019)
68% of employees prefer to learn or train on the job. (LinkedIn Learning, 2021)
Employees like to study or train at their own pace, according to 58% of those surveyed. (LinkedIn Learning, 2021)
When learning or training is required for a position, only 49% of employees elect to do so. (LinkedIn Learning, 2021)
According to 94% of employees, an essential policy that would convince them to stay in the company is training and development. (Clear Company, 2021)
Last year, 60% of workers began their own skill training, indicating an unsatisfied desire in the workforce for greater knowledge. (SHRM, 2016)
57% of employees now expect to learn on a ‘just-in-time’ basis. (LinkedIn Learning, 2021)
People are 95% more likely to recall knowledge delivered via video than text alone. (PopVideo, 2016)
Gen Z is more likely to view training material, absorbing 50% more learning material than previous generations. (McKinsey & Company, 2016)
94% of employees believe they would stay with a firm for a longer period if they were involved in their learning and development. (LinkedIn Learning, 2020)
To remain employed, 74% of workers are eager to learn new skills or retrain. (PWC, 2022)
70% of employees are relatively inclined to quit their current job to work for a company that invests in employee development and learning. (PRNewswire, 2019)
A greater chance of professional advancement attracted 34% of employees who left their prior employers. (PRNewswire, 2019)
68% of employees would rather learn within the workplace. (LinkedIn Learning, 2018)
54% of employees would spend more time studying if they were given specific course recommendations to assist them in achieving their professional objectives. (LinkedIn Learning, 2020)
Resilience training has been found that helps to reduce mental distress symptoms by 30% by working on resilience in the workplace. (WEF, 2019)

76% of employees say they are more inclined to stay in a company if it offers continuous learning and development. (SHRM, 2022)
More than eight in ten HR professionals say that training helps attract and retain talent. (SHRM, 2022)
Almost half of the workers (46%) factor in development opportunities when choosing a workplace. (SHRM, 2022)
The most preferred way of learning for 70 % of employees is online/self-paced courses, followed by online/instructor-led training (63%), in-person training with an instructor (63%), and hybrid learning opportunities (62%). (SHRM, 2022)
38% of workers expect training opportunities relevant to their jobs, 32% want them to be current, and 31% wish they had more control over the programs. (SHRM, 2022)
51% of HR managers say training employees is the best way to close their company’s skills gap. (SHRM, 2022)
The most common method to address the skills gap is through reskilling, with 37% of companies already offering reskilling training and upskilling, with 36% of organizations providing upskilling opportunities. (SHRM, 2022)
The main L&D objectives for companies are reinforcing positive employee experience (92%), building a DE&I workplace (88%), and improving employee engagement (87%). (SHRM, 2022)
Most companies (29%) spend $501 – $1,000 for L&D per employee, followed by 28% that spend $1,001 – $3,000. (SHRM, 2022)
According to 90% of HR managers, training benefits employee productivity and development, 86% say it improves retention, and 85% believe it impacts organizational growth. (TalentLMS, 2022)
In 2022, US training expenditure reached $101.6 billion. (Training Magazine, 2022)
On average, companies provide employees with 62 hours of training. (Training Magazine, 2022)
35% of organizations had a 6% to 15% increase in their training budget. (Training Magazine, 2022)
40% had to cut their budget by 6-15%, and half did so because of COVID-19. (Training Magazine, 2022)
41% of L&D leaders expect a bigger budget in 2023. (LinkedIn, 2023)

LMS-Learning Management System Statistics

83% of companies currently use an LMS. (ShareKnowledge, 2021)
Personalized, relevant training is desired by 91% of employees. (Axonify, 2018)
After using an LMS, 72% of businesses believed to hold a competitive edge. (eLearning Industry, 2020)
LMS is used extensively by 40% of Fortune 500 businesses to stay competitive. (Edge Point Learning, 2018)
93% of companies want to create live online learning for their programs. (Mind Tools Business, 2020)
42% of companies are actively looking to upgrade their learning management system. (Brandon Hall, 2020)
Tech firms account for 30% of worldwide LMS buyers. (Research Markets/Docebo, 2021)
Managers account for 35% of LMSs primary users. (Research Markets/Docebo, 2021)
49% of employees want to learn when and where they need to. (Research Markets/Docebo, 2021)
LMS’s is used by 92% of businesses, and most of them have been in place for more than two years. (Docebo, 2020)
Poor user experience is cited by 88% of organizations as the primary reason for switching learning technology solutions. (Docebo, 2020)

16.9% of companies worldwide use a learning management system. (Valamis, 2022)
Globally, Dutch companies are the most significant users of LMSs. (Valamis, 2022)
65.6% of users access their learning management system at least once weekly. (Valamis, 2022)
39% of US organizations plan to purchase LMSs the following year. (Training Magazine, 2022)
28% of US companies currently use a learning management system. Large companies (57%) take advantage of LMSs the most. (Training Magazine, 2022)
On average, 30% of organizations outsource their LMS operations. (Training Magazine, 2022)

Employee Learning & Development Statistics

58% of employees prefer to learn at their own speed. (Forbes, 2018)
Learning and development are becoming a more strategic element of organizations, according to 66% of L&D professionals. (Emerald Works, 2020)
A learning management system is used by 70% of L&D departments in North America (Statista, 2020)
Employees learn 70% of their abilities on the job, 20% from their peers and colleagues, and 10% through formal training sessions (Docebo, 2020).
94% of employees would stay with a firm for longer if it invested in their learning and development. (LinkedIn, 2019)

Three-quarters of workers are satisfied with the L&D opportunities they get, but 11% don’t feel the same way. (SHRM, 2022)
76% of employees see training as crucial to their work. (SHRM, 2022)
68% believe the training they get is enough for their position. (SHRM, 2022)
55% say they need more development opportunities to improve their work. (SHRM, 2022)
26% of companies say their leadership doesn’t support L&D endeavors. (SHRM, 2022)
The most common reskilling methods are on-the-job training (65%), coaching or mentoring (57%), and job shadowing (41%). (SHRM, 2022)
88%, or nine in ten employees, want to be trained in hard skills. However, soft skills are also a priority for 84% of workers. (SHRM, 2022)
Almost half of the workers cite lack of time as their company’s biggest challenge for L&D. (Valamis, 2022)

Employee Training Statistics and Compliance

27% of firms report weekly breaches or assaults. (DCMS, 2021)
The DCMS also discovered that phishing was the most prevalent threat vector, accounting for 83% of the attacks. (DCMS, 2021)
The average yearly cost of non-compliance concerns in businesses is around $14.82 million. (Global Scape, 2017)
40% of companies classify their compliance processes as basic or reactive. (NAVEX Global, 2017)
23% of companies lack a formal compliance training plan. (HSI, 2020)
15% of respondents said they rushed through obligatory compliance training without listening or reading. (Corporate Compliance Insights, 2021)
34% admit to merely skimming compliance information and tuning out training audio. (Corporate Compliance Insights, 2021)
49% of respondents skipped or did not thoroughly listen to their mandated compliance training. (Corporate Compliance Insights, 2021)
Firms with the least rigorous privacy procedures are roughly twice as likely as companies with excellent data stewardship to experience a data breach. (The Osano, 2020)
The average firm spends $1.34 million on specialist compliance or security technologies. (Ponemon, 2017)
69% of firms use technology to help them with their compliance processes. (KPMG, 2020)
The typical firm saves $2.54 million by implementing a corporate data security training program. (Ponemon, 2017)
70% of workers said the most common training their receive at work is for compliance. (SHRM, 2022)

Leadership Training Statistics

According to the study’s findings, individuals who received leadership training increased their learning capacity by 25% and their performance by 20%. (Research Gate, 2017)
Organizations that take a more open approach to leadership development outperform those that limit growth to management by 4.2 times. (Global Leadership Forecast, 2018)
Developing leaders at all levels is important to 83% of organizations. (Go Remotely, 2021)
Less than 5% of businesses have adopted leadership development at all levels. (Apollo Technical, 2021)
48% of leaders want to be schooled by external coaches. (Apollo Technical, 2021)
48% of leaders want to be educated through developmental tasks. (Apollo Technical, 2021)
According to the DDI Global Leadership Forecast, 39% of executives desire formal in-person training. (DDI’s Global Leadership Forecast, 2018)
According to 55% of CEOs, the biggest problem is creating the next generation of leaders. (Deloitte, 2022)

54% of employees want to get leadership training. (SHRM, 2022)
53% of organizations say they provide training in leadership skills. (SHRM, 2022)
More than half of C-level executives believe learning and development is essential for an organization’s success. (Valamis, 2022)
50% of L&D pros work closely with executive leadership, and 44% with the chief human resource officer. (LinkedIn, 2023)

Conclusion

A well-planned employee training program is the first step toward success. HR managers and CEOs can understand how workers learn and what drives them through these employee training statistics. Employees will be better qualified to execute their tasks and are more likely to stay with the firm if the training is done correctly.

Written by shortlister editorial team

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90+ Employee Training Statistics in 2024: Investing in Employee Development

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