Magazine article Talent Development

L&D Spending Is Up across the Pond: Training Expenditures Have Increased among U.K. Organizations

Magazine article Talent Development

L&D Spending Is Up across the Pond: Training Expenditures Have Increased among U.K. Organizations

Article excerpt

Spending on learning and development in the United Kingdom is on the rise-a new survey found that the country's spending increased 11 percent between 2014 and 2015. That comes out to 1,068 British pounds (US$1,514) per learner, according to the Bersin by Deloitte report UK Corporate Learning Factbook 2016: Benchmarks, Trends, and Analysis of the UK Training Market.

The spending increase is a welcome change as the region moves on from the economic recession, which hurt L&D initiatives.

"2008 and 2009 in particular were very dark periods for organizations within the U.K." said Ben Carroll, a senior research analyst, during a webinar. This resulted in many budget and staffing cuts-and learning and development was hit hard. "Practitioners were expected to do a lot more with less, and to remain reliable as well as remain effective."

As a result, the L&D that did occur became heavily outsourced. Now, though, things seem to be turning around-in fact, allocations for outsourced services were just 14 percent in 2015, compared with 41 percent in 2009. …

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