October 2, 2020
ATW Training Solutions recently released the results of its 14th annual “Iowa Trends in Talent Development Survey” conducted in partnership with New Horizons Computer Learning Center, the Association for Talent Development Central Iowa chapter (ATD-CI), and the Iowa Society for Human Resource Management (SHRM) State Council. The survey, conducted between August 3-21, 2020, was completed by 117 respondents representing a variety of Iowa industries, companies, and organizations.
Talent Development Budgets Hold Steady
Survey results indicate that 50% of respondents expect budgets to stay the same next year, down slightly from 53.2% last year. Only slightly more (26.9%) companies expect to see budgets increase next year than companies who expect to see budgets decrease (23.2% – significantly higher than last year). Overall, next year appears to be a “hold steady” year when it comes to budgets.
More Employees are Working Remotely and Learning Virtually
87.8% of respondents indicate