Businesses increase investment in training

14:19 30th June 2009

Businesses are continuing to invest in training and some organisations have even increased the amount they spend.

A survey from the Institute of Directors found that four out of five business leaders have maintained or increased training expenditure in the last six months, reports the Financial Times.

IT training is one of the areas that has received funding, along with sales and customer service training.

According to the newspaper, training is continuing as those surveyed believe it is a good way to keep up staff morale and boost productivity.

Training has also shifted from long-term qualifications to short-term courses which will introduce more immediate benefits, the report found.

Mile Temple, director general of the Institute of Directors, said: "Members are emphasising that training now will help position their organisations well for the upturn."

The Institute of Directors is a global organisation that provides a network for members into every area of the business community.