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The Abyss Of Corporate Training

Avoiding the Abyss of Corporate Training

Corporate training programs can often end up being a disappointment: that’s just the plain hard truth most business managers find hard to swallow. According to the American Society for Training and Development (ATD), most North American firms spend an average of $1200 a year training an employee, for a combined national spend of more than $300 billion dollars. With a skills retention rate of less than 20% for new training, that’s a colossal monetary loss. So why is it so and what can be done about it? Here are the top reasons why corporate training fails to deliver and how to avoid…

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The Compliance Training Gorilla!

The Compliance Training Gorilla!

No matter what industry you’re in, there seems to be a growing requirement for compliancy training. New regulations from Government agencies, trade associations, and even vendors is making this type of training a requirement for practically everybody. Whether it’s training on hazardous materials, maintaining a respectful workplace or how to spot and avoid money laundering, we will all have to take a required course at some point in our lives. A recent survey from Brandon Hall found that nearly two thirds of the companies polled said over 75% of their employees are impacted by compliance training requirements. That’s a pretty…

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