Search
Close this search box.

UK Ranks 22nd in Europe in training spend

UK Ranks 22nd in Europe in training spend

Investing in the continued professional development of employees is beneficial, not just for company morale, but also for a corporation’s bottom line. 

Employee training is therefore becoming more of a priority, especially in certain industries and countries. The UK is one of those where the growth and success of the workforce is seen as vital. Surprisingly, British companies are investing less in training than other European companies. In fact, UK ranks 22nd in Europe for investing in professional development, even though a higher percentage of British companies provide training to their employees than any other country in the EU. Activia Training, a UK corporate training provider, has conducted a study about investing in training for employees. It examines how the quality of corporate training in the UK compares with that of the rest of Europe.

The data, collected from official reports from the European Commission and Eurostat, shows that in the UK, the expenditure on CVT courses per employee, (normalized for purchasing power standard) is one of the lowest in the EU. Countries such as Belgium, France and the Netherlands are leading the way, while only five countries invest less money in training than the United Kingdom. The research also shows the percentage of UK employers who provide training, compared to other EU companies. Almost 90 percent of British companies provide training to their employees, the highest percentage in Europe. A third point of the study focuses on the employers’ confidence about finding highly-skilled employees in the near future, as well as the employers’ satisfaction with school leavers’ skills.

www.activia.co.uk/interactive/corporate-training-bridging-the-gap

Read more

Latest News

Read More

Revolutionising HR: How Augmented Analytics and AI are Transforming Workforce Management – ARTICLE FROM ISSUE 236 – JUNE 2024

19 June 2024

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

University of Oxford – Department of Politics and International RelationsSalary: £36,024 to £44,263 per annum

Jackson Hogg are delighted to be exclusively supporting an established manufacturing client based in Sunderland with the appointment of a Head of HR. £48,000 –

The HR Director (HRD) will be a key member of the UK senior management team, driving the business forwards through being accountable for the attraction,

The HR Director (HRD) will be a key member of the UK senior management team, driving the business forwards through being accountable for the attraction,

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE