1. Latest News
  2. Submit Press Release
Learning and Performance Institute Logo

LPI Research Highlights Gulf in Spending between Public and Private Sector Training Departments

A third of private sector training departments expect budgets to increase, whilst almost half of public sector departments expect more cuts

 
PRLog - April 19, 2012 - COVENTRY, U.K. -- The results are taken from the Learning Survey report commissioned by The Learning and Performance Institute (LPI). Over 500 L&D professionals within the UK took part in the survey in January 2012.  The results were revealed at the Institute’s Learning Directors Network meeting which took place in London on 21 March 2012.

According to the results of the survey, 31% of private sector training departments expect budgets to increase in 2012 compared to 2011 - with only 18% forecasting a drop in budget. In contrast 19% of public sector departments reported an increase versus an overwhelming 48% predicting further cuts to spending.

David Pardo, Managing Director, Pardo Fox Ltd who led the Learning Survey research highlighted his concerns on the impact of these cuts at a ground level. He said: “The balance for 2012 is again positive for the private sector but strongly negative for the public sector. Notwithstanding improved efficiency and technological innovation, the compound effect of four successive years of drastic cost-cutting must inevitably have an impact on the competences, skill levels and human capital development of the public sector.”

An executive summary of the Learning Survey 2012 can be downloaded from LPI website www.learningandperformanceinstitute.com/research.htm. The full report will be made available exclusively to LPI Members.

# # #

The Learning and Performance Institute is the professional body for learning professionalsis & now firmly established as a leading authority throughout on learning and development through Certification, Membership, Accreditation and Consultancy

--- End ---

Click to Share

Contact Email:
***@learningandperformanceinstitute.com Email Verified
Source:Learning and Performance Institute
Phone:0845 006 8858
Zip:CV4 8HS
Location:Coventry - West Midlands - United Kingdom
Industry:Education, Government, Human resources
Tags:learning, performance, Research, workplace, development, human
Shortcut:prlog.org/11853513
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



Like PRLog?
9K2K1K
Click to Share