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Budgets for training employees often do not get where they are actually needed
Photo: treety / iStockphoto / Getty Images
Companies that invest in their employees are economically more successful.
This is the conclusion that management consultancy McKinsey came to after analyzing 1,800 listed companies around the world.
In Germany there still seems to be a lot of potential - because there is a huge problem when it comes to further training.
This is shown by a representative survey by the market research institute Bilendi, which was commissioned by the Studytube learning platform and is available to SPIEGEL in advance.
Almost 700 HR managers, more than 400 managers and 900 employees from companies with more than 200 employees were surveyed.
The most important results:
92 percent of HR managers state that there is a budget for further training in their company, but only 62 percent of employees are aware that such a budget exists.
One in five companies lacks a concrete strategy for the further training of their own staff.
If further training is offered, the skills acquired there can only be used in the company in 28 percent of cases.
So many employers make their employees fit for other jobs - and miss the goal of employee retention.
Only 54 percent of managers and 40 percent of employees have agreed specific learning and development goals with their superiors.
Managers are three times as likely to receive coaching as employees without managerial responsibility.
At least in human resource departments, many employees seem to be aware of the shortcomings.
73 percent of the HR managers surveyed agreed: "If we don't invest in further training and professional development, then we won't be able to attract and retain the talent we need." 43 percent also said that their company was not getting enough invested in education and training.
Mindless further training, seeping budgets and training courses for executives at most?
In the Netherlands, things are already a lot further, there the further training needs of the employees are much more in focus, according to the commissioner of the study;
the learning platform Studytube is headquartered in Amsterdam and was founded there in 2010.
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