Learning & Development
Driving profitability by reskilling and upskilling employees to meet future business needs.
Continuous learning is no longer optional — it’s a competitive advantage. Companies that invest in employee development reduce skills gaps, improve retention, and accelerate innovation. Every dollar spent on training yields measurable returns in productivity and engagement. HR leaders who prioritize L&D create agile organizations ready to respond to market shifts.
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Ask a SHRM Knowledge Advisor for guidance on effective L&D strategies.
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Key Data Trends
Companies that invest in employee development reduce skills gaps, improve retention, and accelerate innovation.
Every dollar spent on training yields measurable returns in productivity and engagement.
Continuous learning is no longer optional — it's a competitive advantage.
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Member Resources
This spreadsheet contains formulas to calculate the training cost per employee, and to determine the annual training budget for a department or division.