The survey’s findings are supported by other recent polling of HR professionals. For example, software marketplace Capterra found in data published last month that 49% of organizations planned to increase their L&D budgets in 2022, compared to 41% who said the same in 2021.
It is perhaps a different place compared to where L&D professionals may have envisioned themselves during the initial phase of the pandemic. In 2020, sources told HR Dive that training may be considered a casualty of budget cuts during economic downturns. Yet others drew attention to the seemingly temporary nature of the pandemic’s disruption. Employees, they argued, would still need to be prepared for when the talent market recovered.