Companies Continue Increasing L&D Spending

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With wage pressures pushing employee compensation demands higher and inflation and supply chain issues further straining employer finances, one might expect that budgets for learning and development would shrink or even be put on hold while the storms pass.

The opposite seems to be true, however. According to recent data from learning tech provider Epignosis and SHRM, the majority of HR leaders (57%) say their L&D budgets increased following the pandemic. And an even higher percentage (67%) said they planned to raise their budgets for 2022.

Rapid Changes Require Ongoing Training

Despite the financial strain many companies are under, there are

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