According to the 2020 Training Industry Report by Training Magazine, the average training expenditures for large companies increased from $17.7 million in 2019 to $22 million in 2020. Similarly, the number for small companies increased from $367,490 to $506,819 during the same timeframe. Despite the need to spend so much and prioritize training, many organizations...

Skills and tools for trainers have undergone a sea change in the last few years. In today’s tech-driven business world, corporate trainers are revisiting their current skills and the tools they use to train people. This is to ensure that they can contribute fully to employees’ current and future training needs and meet business objectives...

Compliance training is a serious matter and non-compliance has cost many companies dear. For example, in June 2020, the British investment banking and financial services company, Barclays PLC, was imposed an administrative penalty of €700,000 by the Federal Financial Supervisory Authority (BaFin). The reason? Simple. Breaches of administrative regulations. In another case, OSHA fined Dollar...