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Employers investing in training, AAT suggest

Employers are still investing heavily in staff training and skills, suggests research from the Association of Accounting Technicians.

92% of employers expect to invest either the same or more time and money on improving staff qualifications and skills next year as this.

Nearly half of those surveyed expected to use more in-house training in future and almost a third expected to focus more on remote-learning resources.

The results pointed towards staff commitment and retention as the main drivers for employers behind improving qualifications and skills.

Jane Scott Paul OBE, Chief Executive of AAT, said: “A lot has been made recently of businesses taking fewer risks, sitting on capital and refusing to invest profits. But this research paints a very different picture. Employers are clearly committed to improving staff qualifications and skills, but they’re not just treading water – instead they are looking for new ways to provide staff training.

“The focus on in-house training and remote-learning shows there’s a desire to make resources go further, along with concerns about staff spending too much time out of the office.

“Employers are not just looking at their bottom line when making decisions about staff training. Most recognise that improving staff skills is an important way to increase staff commitment to their organisation. Staff retention has become a far greater concern than the potential financial rewards of better trained staff.”

This was posted in Bdaily's Members' News section by Tom Keighley .