Hospitality businesses to ‘cut training spend’

-

More than half of employers in the hospitality sector are planning to reduce staff training costs during the downturn.

A total of 51 per cent of businesses are cutting training during the recession, but 25 per cent are planning to ramp up their spending, the State of the Nation report by People1st.com found.

According to the study, employers are looking afresh at training during the financial turmoil, with 37 per cent of businesses saying the recession will encourage them to seek support through Train to Gain or the apprenticeship programme.

“This will help upskill and professionalise the workforce as well as help support training budgets in this critical time,” the study claimed.

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

 

Meanwhile, 62 per cent of businesses that pay for external training say they will bring learning and development in house to cut costs.

Will Cookson, head of skills at Working Links, previously claimed one of the main advantages of training is that employers “get a higher calibre employee”.

 

 

hr106hrradvert

Latest news

Employers turn to temporary staff as permanent hiring slowdown eases

Temporary recruitment rose at the fastest pace since April 2023 as employers favoured flexible staffing while permanent placements continued to fall.

Amrit Sandhar: The hidden productivity crisis and the critical role for HR

The latest Gallup State of the Global Workplace report is a sobering read. Global engagement levels have fallen to just 20%.

Breastfeeding business owner turned away from Amazon course

Amazon has apologised after a breastfeeding entrepreneur was unable to attend an in-person business programme because of its site access rules.

Major employers back drive to cut workplace sickness

More than 250 organisations have joined a government-backed programme designed to help people remain in work and return sooner after illness.
- Advertisement -

Employees increasingly building businesses around their day jobs

More workers are launching businesses alongside full-time employment, with many incorporating companies during evenings, nights and lunch breaks.

Chronic stress becoming ‘normalised’ at work, psychiatrist warns

Workers are increasingly treating chronic stress and exhaustion as normal, despite growing concerns over burnout and mental health.

Must read

Chris Leeson: Mixing qualifications with work experience

An announcement was made this week that could shake...

Mandy Flint & Elisabet Vinberg Hearn: Team success the German way

Much has been said and written about the massively...
- Advertisement -

You might also likeRELATED
Recommended to you