ATD research looked at five areas of continuing education that employers can support; tuition assistance was offered by most agencies.
ALEXANDRIA, Va., May 10, 2022 /PRNewswire-PRWeb/ — More than 85% of organizations offer some type of continuing education assistance, according to new research from the Association for Talent Development.
While more than nine in 10 respondents offered help with tuition and 84% offered support with certification, just over half of respondents offered support with obtaining a license and nearly 30% offered apprenticeships, according to Employer-Sponsored Continuing Education: Tuition Assistance, Apprenticeships, Certification and Licensure, sponsored by OverDrive Professional.
Thirteen percent of respondents indicated that their organization does not offer any employer-sponsored continuing education. When asked why, two-thirds of respondents cited lack of support from senior management as the main obstacle. The second most important barrier, mentioned by just over 60% of participants, was budget constraints.
Other key findings that emerged from this research include:
Utilization rates of employer-sponsored continuing education were low. Most respondents indicated that less than 25% of employees took advantage of these benefits during their tenure with the organization.
The most common ways organizations used to support continuing education, besides tuition, were flexible hours, mentoring, and access to a library, publications, or digital resources. Organizations that provided mentorship were more likely to be high performers.
The three most common ways organizations offered support for licensing and certification were paying application fees, paying exam fees, and paying for continuing education courses.
While some recent surveys by other researchers have found increased interest in employer-sponsored student loan repayment, only 6% of respondents to this study currently offer student loan repayment, and only 2% plan to offer it in the future. the next two years.
According to the report.
Only 41% of respondents indicated that their organizations offer formal career paths. “Organizations that used formal career paths that specified the knowledge and skills an employee needed to advance in their current positions were more likely to perform well.”
A free webinar on the report will take place on May 31st to 2 p.m. ET.
The Association for Talent Development (ATD) is the world’s largest professional membership organization that supports those who develop employee knowledge and skills, improve performance and help deliver results for the organizations they serve. Founded in 1943, the association was previously known as the American Society for Training & Development (ASTD).
ATD members come from over 100 countries and work in public and private organizations across all industry sectors. ATD supports talent development professionals who come together locally in volunteer-led U.S. chapters and international member networks and with international strategic partners.
For more information, visit td.org.
Paula KetterTalent Development Association, 7036838100, firstname.lastname@example.org
SOURCE Talent Development Association