News: Performance Management
Employers who don't train 'run real business risks'
20 June 2008
Employers' investment in staff training is key to fostering and maintaining a strong and stable economy, according to officials.
Skills minister John Denham issued the claim as he laid out the "international challenges" posed to Britain's workers and the economy as a whole.
Mr Denham also presented a consultation regarding individuals' right to request training provision, emphasising the need for "all employers" to take training seriously.
"Investment in skills is key to ensuring we come through with a stronger economy and making sure individuals can make the most of their abilities," he remarked.
"A third of employers still don't train their staff," Mr Denham continued.
"The employers who do not train run real risks with their businesses. Public services who do not train will struggle to provide the quality of service that the taxpayer expects."
Government statistics indicate that around eight million employees receive no kind of training at all in the course of a year.
Spending by employers on training continues to rise, however, with an estimated £38.6 billion currently dedicated to staff development and performance management.
