Companies Show In-creased Committed and Invest more in Enhancing their Employees’ Skills

IW Continuous Vocational Training Survey 2014
IW-Trends
German Economic Institute (IW)
Companies Show In-creased Committed and Invest more in Enhancing their Employees’ Skills
Almost nine out of ten companies were actively involved in continuous vocational training in 2013, showing that corporate commitment to enhancing employees’ skills has reached a new peak. The extent of training in companies has also increased. Whereas in 2010 em-ployees spent 29.4 hours at training and information events, by 2013 this figure had risen to 32.7 hours. This follows an increase in investment in continuous vocational training which, at 1,132 euros per employee, was more than 9 per cent higher than three years be-fore. The fact that the number of employees has also increased means that companies’ total investment volume for 2013, at 33.5 billion euros, was just under 16 per cent higher. In-deed, companies are intent upon expanding their involvement even further, viewing ongo-ing vocational training as a tried and tested way of securing their supply of skilled workers. The greatest development potential, however, is to be found in enabling the semi- and un-skilled to obtain partial or full vocational qualifications on-the-job. The IW Continuous Vocational Survey 2014 documents the fact that the more strongly the concept of ongoing training is established in their corporate culture, the better companies can fully exploit the potential of continued vocational training.

Susanne Seyda / Dirk Werner: IW-Weiterbildungserhebung 2014 – Höheres Engagement und mehr Investitionen in betriebliche Weiterbildung
IW-Trends
German Economic Institute (IW)
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