Recently, the American Society for Training an Development (ASTD) studied 2600 companies to determine the average spend on training and development. ASTD then looked at the relative success, of those companies based on Total shareholder return (TSR). Here is what they found:
Companies that spent more than the average on training and development delivered 45% more TSR than those who spent the average.
Companies that spent more than average on training and development delivered 86% more TSR to those who spent less than the average.
ROI in training has often been called elusive…..I think these stats speak for themselves.
