1. consulting technology outsourcing
Investments in training on the rise by US businesses
Our research with 400 executives at large US businesses reveals these findings in the
Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training.
US executives at large companies confirm that a skills gap persists
35%
training
51% intend to increasethe next
investments over
two years
have not invested
enough in training
to develop the
skills they need
Concerned they won’t have the skills
they need in the next one to two years
46%
Investments in training don’t reflect importance of training
72%
Employers say 52% of their workers receive company-provided formal training
By comparison, a previous Accenture survey of US workers found that only
of executives identified training as
one of the top ways for employees
to develop new skills
21%
of employees say they receive company-provided formal training
Consequences of not fixing skills gaps
59%
64
%
face eroding
customer
satisfaction
face a loss
of revenue
53%
66
anticipate
a delay in
developing
new products
or services
% anticipate a loss of
business to competitors
87%
say their
employees
feel additional
pressure
and stress
Skills in the highest demand
29%
44%
R&D skills
IT skills
29%
36%
Sales skills
Engineering skills
New methods of delivering training to employees
42%
use mobile
delivery
35% use social media 27% use Massive Open
Online Courses (MOOC)
13%
use gamification
Strategies for closing the skills gap
Find a balance between
formal and informal learning
Embrace new ways to develop skills
Invest earlier in the talent supply chain
Source: Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training. Surveyed 400 executives at large US businesses with annual revenues of $250M or more.