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Tightening Training Belts Without Sacrificing Quality

November 1, 2022

Via: HR Hero

Two macroeconomic factors have the potential to combine and wreak havoc on training: a tight labor market and rapidly rising interest rates. The former has been making it difficult for employers to recruit and retain qualified talent, while the latter portends a drop in consumer spending and, therefore, corporate revenue and training budgets.

In this environment, employers and training teams should be thinking hard about how to do more with less when it comes to their training efforts. We reached out to companies looking for ways to streamline and optimize their training efforts in the midst of this challenging environment.

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