TRAINING PROGRAMS are often the first fatality in a tight economy. They are big-ticket expenses, considered to be luxury items aimed primarily at enhancing recruitment and retention strategies. Given that current market forces have shifted, and it is once again an employer market, training programs are in danger of being deemed expendable. The current thinking is, elimination will improve the bottom line without harming recruiting and retention efforts.
March 29, 2002 at 12:00 AM
1 minute read
TRAINING PROGRAMS are often the first fatality in a tight economy. They are big-ticket expenses, considered to be luxury items aimed primarily at enhancing recruitment and retention strategies. Given that current market forces have shifted, and it is once again an employer market, training programs are in danger of being deemed expendable. The current thinking is, elimination will improve the bottom line without harming recruiting and retention efforts.
Think again.
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