Are you questioning if you need to invest in training courses and sales training during the economic downturn?

Businesses should invest in the skills of their employees as the recession bites, according to one expert. Mark Cahill, managing director of recruitment agency Manpower UK, has said the skills of workers will always be a firm’s biggest asset and action must be taken to avoid a talent drain.

“Employers should take the opportunity now to re-skill and retrain workers so they are absolutely best placed for the upturn when it comes,” he said.

Mr Cahill’s comments come as Manpower’s quarterly Employment Survey revealed that just five per cent of firms expect to increase their headcount in the next three months. A further 11 per cent expect to cut jobs while 81 per cent are not planning to change staffing levels over the same period.

Research conducted by Train To Gain during 2008 has proven that “Employers who don’t train are 2.5 times more likely to fail than those who do”

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This entry was posted on Wednesday, March 18th, 2009 at 10:13 pm and is filed under Articles & Training Resources.