CIPD: Coaching costs on the up despite the economic downturn

-

Coaching expenses for training and development increasedAn increasing number of employers are using coaching for their training and development, a survey by the Chartered Institute of Personnel and Development (CIPD) shows.

The finding comes despite tighter training budgets and was not expected because of the current economic climate, the organisation claims.

The majority of coaching is for leadership development and performance management, therefore affecting a small number of individuals, John McGurk, a CIPD adviser, says.

Furthermore, 70 per cent of survey respondents admit they have maintained or increased their coaching spend.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

“We would expect coaching to adapt to a more performance-based model to make use of the changing climate,” Mr McGurk asserts.

According to the CIPD report Taking the Temperature of Coaching, only three per cent of organisations measure the impact of coaching against return on investment.

Digital methods of training in the workplace have been embraced by a number of businesses, a poll conducted by Video Arts recently found.

diversity advert

Latest news

Russell Cowley: Gen Z – rebuilding workplace culture, break by break

Gen Z workers are taking proper breaks and in doing so, they may be fixing something the rest of us broke.

England’s overnight World Cup clash and 5am pub opening prompt CIPD advice

The CIPD is urging organisations to agree any flexibility before England's 1am World Cup last-16 tie to help minimise disruption at the start of the working week.

Fit for Work: Weekend warrior? You can still reap the health benefits

Weekend exercise can still improve long-term health, even for people who struggle to fit physical activity into the working week.

Superdry co-founder’s victim warns workplace power can silence abuse victims

A survivor's account raises questions about speaking-up cultures and accountability in organisations.
- Advertisement -

UK’s always-on work culture ‘driving employee burnout’

Nearly half of UK workers say they end most working days mentally exhausted as rising workplace pressure leaves employees and managers struggling to switch off.

Andrew Murray on why no two days look alike

A people development leader shares how travel, training and a passion for helping others shape a working day with little room for routine.

Must read

Colin Willis: Solving common misconceptions surrounding Artificial Intelligence and bias in hiring

When it comes to artificial intelligence (AI); its implementation, intended usage and outcome are heavily discussed, analysed and often critiqued...

Jenny Perkins: How can HR promote wellbeing at work?

"You need to engage your leaders to create a culture of wellbeing."
- Advertisement -

You might also likeRELATED
Recommended to you