Percentage of annual learning budget spent on developing skills in areas such as data science, digital skills and other specialty IT skills

This measure calculates percentage of annual learning budget spent on developing skills in areas such as data science, digital skills and other specialty IT skills. This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process "Develop and train employees".

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Measure Category:
Cost Effectiveness
Measure ID:
107786
Total Sample Size:
1,271 All Companies
Performers:
25th Median 75th
- - -
Key Performance Indicator:
Yes
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Percentage of the annual learning budget spent on developing skills in areas such as data science, digital skills, and other specialty IT skills

Key Terms

There are no key terms associated with this measure.
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Measure Scope

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Cross Industry (7.4)

  • 7.3.4.1 - Align employee with organization development needs (10490)
  • 7.3.4.2 - Define employee competencies and skills (16940)
  • 7.3.4.3 - Align learning programs with competencies and skills (10491)
  • 7.3.4.4 - Establish training needs by analysis of required and available skills (10492)
  • 7.3.4.5 - Develop, conduct, and manage employee and/or management training programs (10493)
  • 7.3.4.6 - Manage examinations and certifications (20125)
    • 7.3.4.6.1 - Liaise with external certification authorities (20126)
    • 7.3.4.6.2 - Administer certification tests (20127)
    • 7.3.4.6.3 - Appraise experience qualifications (20128)
    • 7.3.4.6.4 - Administer certificate issue and maintenance (20129)
  • 7.3.4.7 - Monitor and evaluate learning programs (21436)