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According to the American Society for Training & Development, 41% of employees at companies with inadequate training programs plan to leave within a year versus 12% of employees at companies who provide excellent training and professional development programs.
~ American Society for Training & Development, 2003
(cited here)
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Motorola
estimated that every dollar spent on training yielded US
$30 in productivity gains within three years.
~ Merrill Lynch , “The Book of Knowledge,” 2000
(cited here)
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Companies
in the top quarter in training expenditure per employee per
year ($1,500 or more) average 24% higher profit margins
than companies that spend less per year.
~ Susan J. Wells, HR Magazine, 4/19/2001
(cited here)
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Researcher
Dr. Laurie Bassi
found that the education and training is
the
most significant predictor of an organization's success,
moreso even than price-to-earning ratios, price-to-book
statistics, and measures of risk and volatility. Bassi
invests in training - literally. She launched a firm that
buys stocks in companies that invest heavily in employee
training. In its first two years, it returned 24 percent a
year, beating the S&P by four points.
~
McBassi & Company,
2009
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