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Only 8% of organizations
actually evaluate the value of learning and development initiatives.
— McKinsey Quarterly
40% of employees
from one Fortune 500 technology company want to spend more time training, coaching and mentoring.
— Harvard Business Review
Becoming obsolete is the biggest concern for today’s workers,
2x as concerning
as being laid off.
— Oxford Economics
80% of 2016 grads
expect their first employer to provide formal training.
1/3 of new hires
quit their jobs after about six (6) months.
— Maren Hogan
Only 3 out of 10 companies
(29%) quantify the impact of learning and development.
Every year, disengaged employees cost the U.S. Economy
Employees who get the opportunity to continually develop are
2x as likely to say
they will spend their career with their company.
91% of managers,
81% of HR administrators and
75% of employers
surveyed said they believed that their organizations did not do onboarding well.
Just 37% of
engaged employees would consider leaving for
a 20% raise or less
of actively disengaged employees.
60% of companies
don’t set any milestones or concrete goals for new hires to attain.
— Fast Company
72% of employees
value on-the-job training more than a college degree.
Companies with comprehensive training programs
have 218% higher revenue
per employee and 24% higher profit margins.
Introducing a formal mentorship training program can increase retention rates by
— Sun Microsystems
35% of Millennials
say good training and development programs are the most desirable quality in a workplace.
35% of workers
agree that increasing on-the-job training and development opportunities entices them to stay with a company.
62% of executives
say Millennials will consider leaving their jobs due to lack of learning and development.
— Oxford Economics
The cost to replace an employee
can be $50.000
when considering factors such as job learning curve, job search HR costs, and advertising.
— Kimmel & Associates
67% of employees
learn about their jobs from co-workers and not from their bosses.
— Leadership IQ
80% of Millennials
say they’re willing to put in a great deal of effort beyond that normally expected in order to help their organization be successful.
— Boston College
4 out of 5 companies
do not get any significant impact from training employees.
— Implement Consulting Group
40% of new hires
leave an organization within a year if they do not receive training.
50% of employees
say bosses sharing information and data has a significantly positive impact on productivity and motivation.
About 1/3 of
new hires who quit say they had barely any onboarding or none at all.
— Roy Maurer
Leading-edge companies trained
86% of employees
while average companies trained
Companies with engaged employees
outperform those without by 202%.
— Dale Carnegie Training
Only 38% of managers
believe that their learning programs meet their learners’ needs.
53% of Millennials
say learning new things or having access to professional development opportunities would make them stay at their job.
Nearly 50% of
job seekers are interested in learning new skills, even if those skills lead them in a different professional direction.
59% of companies
are leveraging social learning activities.
— Brandon Hall Group
64% of employees
want to be assessed at regular intervals to ensure maximum retention of knowledge.
— 24x7 Learning
66% of staff members
believe recognition of their online learning achievements is important.
— Towards Maturity
80% of employees say
it’s very important that their company provide training options to fit their learning styles.
91% of highly engaged
employees always or almost always try their hardest at work, compared with 67% of disengaged employees.
— Temkin Group
1 out of 3 employees
say that uninspiring content is a barrier to their learning.
— Towards Maturity
Customer retention rates
are 18% higher
on average when employees are highly engaged.
65% of Millennials
say that the existence of personal development opportunities was the most influential factor in choosing their current job.
35% of employers
said on-the-job training enhanced employee morale in their organizations.
58% of Millennials
expect employers to provide them with learning opportunities relevant to their jobs.
47% of employees
want the flexibility to complete training at their own pace.
Employees from companies with poor training opportunities are
more than 3 times
as likely to want to leave their job compared to those whose organizations have excellent training programs.
— Harris Interactive
59% of employees
say they can grow and develop at their organization.
— Modern Survey
70% of employees
worldwide do not have regular time for creative or strategic thinking at work.
— The Energy Project
72% of Millennials
feel their schooling did not effectively prepare them for the workforce.
44 facts about
learning in companies