Even though 87 percent of millennials believe learning and development in the workplace are significant, only 29 percent are satisfied with the career advancement opportunities available within their workplace. However, employee training is becoming increasingly important, and companies are recognizing its worth.
As a result, the total spending on employee training globally reached $370.3 billion in 2019. That means that an average of $1,286 was invested per learner throughout that year, and those numbers will increase in the future.
