STAFF VALUE CAREER PROGRESS OVER SALARY INCREASE

Three-quarters (75%) of senior HR leaders believe economic uncertainty is impacting their company’s learning and development (L&D) strategy for 2023, with many looking to cut training costs, finds a survey carried out by strategic skills partner, Corndel. The survey of 500 senior HR leaders and 2,000 employees shows that half (49%) of organisations with an L&D strategy in place will be spending less on their programmes this year due to the economic downturn. However, the survey also revealed that 60% of workers were more likely to choose a role with a career progression plan over an...

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