Driven by their belief in the vital importance of training, UK employers have kept their training budgets more or less unchanged during the economic downturn, TrainingZone has reported, citing research conducted by Cardiff University and the Institute of Education at the University of London.
The research team analysed a body of survey data, establishing that training expenditure registered only a small decline in real terms between 2007 and 2009 and has held steady since then. In addition, interviews with managers from 52 enterprises showed that almost every one of them had maintained their commitment to sustaining training schemes. The findings of the study were published in the December issue of the Work, Employment and Society journal.
Among the data analysed were the results of the annual employer skills survey conducted by the UK Commission for Employment and Skills. According to those results, the total amount spent on training purposes stood at £38.6 billion in 2007. Two years later, the figure was £39.2 billion. When inflation is factored in, this represents a slip of only 5%.
The research team also drew on information from the British Chambers of Commerce, more specifically its quarterly survey among 2,000 enterprises. According to the findings of that poll, the number of employers that stepped up their training expenditure from 2010 to mid-2011 exceeded that of employers reporting the opposite. Additionally, the CBI Industrial Trends survey provided an insight into expectations for the year ahead. Among the 5,000 companies participating in the survey, more were revealed as being positive about training investment than negative.
Stephen Smyth said:- ‘ATG Training have found that many of its clients have maintained their business through employing and developing Apprentices each year. The Government Grant which incentivises employers to recruit an Apprentice has also had a positive effect’