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Looking for the latest statistics and facts on the topic of corporate learning?
My updated guide for 2024 has everything you need, and more.
Feel free to use the jump links below to go to the section that interests you the most. I also cover the stats related to the corporate e-learning and management systems.
You can also use this jump link to quickly jump to the KEY STATS section.
Also, all the references and resources I used in crafting my guide are listed at the bottom of the page.
Let’s go!
Jump here: Key Corporate Learning Statics Facts and Trends for This Year| Corporate Learning Statics Facts and Trends for This Year (Detailed Info)| Corporate E-Learning Statistics| Corporate Learning Management Systems Statistics
Table of Contents
Key Corporate Learning Statics Facts and Trends for This Year
Key Corporate Learning Statistics, Facts and Trends for 2024
- Companies with fewer than 100 employees gave only 12 minutes of manager training every six months. Organizations with 100 – 500 employees provided just 6 minutes of manager training every six months. (Gallup.com)
- 74% of workers felt that they weren’t achieving their full potential at work due to lack of development opportunities.(Gallup.com)
- 56% of HR Managers considered training and development to be an essential business enabler.
- 1 in 3 people leave their organization within the first year. (workinstitute.com)
- 83% of people who left quoted a lack of training as a major cause for leaving. (workinstitute.com)
- 4% of new employees leave a job after a disastrous first day. (Gallup.com)
- 22% of staff turnover happens within the first 6 weeks of employment. (Statista.com)
- 85% of employees are not engaged or are actively disengaged at work. (Statista.com)
- 22% of staff turnover occurs within the first 45 days of employment. (Statista.com)
- 25% of workers leave their jobs. Nearly one-third (33%) of that turnover is due to unsupportive management and a lack of development opportunities. (Statista.com)
- Only 12% of employees in a corporate setting say they apply the skills from the training they receive on their job.(Gallup.com)
- Only 38% of managers believe that their learning programs meet their learner’s needs. (workinstitute.com)
- 33% of employees say that uninspiring content is a barrier to their learning and new skill acquisition. (workinstitute.com)
- Organizations spend more than $350 billion globally on training, averaging more than $1500 per employee per year (Gallup.com).
- 70% of employees report that they don’t have mastery of the skills needed to do their jobs. (Statista.com)
- Only 25% of respondents to a recent McKinsey survey believe that training measurably improved performance. (McKinsey)
- The total loss to a business from ineffective training is estimated at $13.5m per year, per 1,000 employees. (Statista.com)
- 77% of U.S. companies offer corporate e-learning to improve their employees’ professional development. (Statista.com)
- Participants learn nearly five times more material in online learning courses using multimedia content than in traditional face-to-face courses. (Statista.com)
- The global e-learning market is projected to reach $345 billion by 2026, growing at a CAGR of 7% from 2020 to 2026. The global e-learning market is predicted to reach $512 billion by 2030. (hr.com)
- 58% of employees prefer self-paced personalized learning over instructor-led training. (Statista.com)
- Companies can save between 50% and 70% when they replace instructor-based training with e-learning. (hr.com)
- 77% of organizations use a learning management system to support their learning and development initiatives. (hr.com)
- The global corporate LMS market size is projected to reach $29.9 billion by 2026, growing at a CAGR of 21.1% from 2020 to 2026. (hr.com)
- 44% of companies plan to increase their LMS budget in the coming year. (hr.com)
- The average organization only uses about 30% of their LMS’s available features. (hr.com)
- Companies that invest in a Learning Management System see an average ROI of 23% in the first year of implementation. (hr.com)
- The second year of consistent LMS implementation gets an average of 33% ROI. In the third year, LMS implementation ROI goes up to 50%. (hr.com)
Corporate Learning Statics Facts and Trends for This Year (Detailed Info)
How Much Manager Training Do Small And Medium-Sized Companies Provide?
Companies with fewer than 100 employees gave only 12 minutes of manager training every six months. Organizations with 100 – 500 employees provided just 6 minutes.
It seems that the larger the organization, the less emphasis is put on training and development.
What Percentage Of Workers Feel They Aren’t Reaching Their Full Potential Due To Lack Of Development Opportunities?
74% of workers felt that they weren’t achieving their full potential at work due to lack of development opportunities.
What Percentage Of HR Managers Consider Training And Development Essential?
56% of HR Managers considered training and development to be an essential business enabler. And they develp both simple and elaborate corporate .earning strategies to train their employees to do better.
What Proportion Of Employees Leave Their Organization Within The First Year?
1 in 3 people leave their organization within the first year. However, 83% people that left quoted a lack of training as a major cause for leaving.
Moreover, 4% of new employees leave a job after a disastrous first day. 22% of staff turnover occurs within the first 45 days of employment.
4% of new employees leave a job after a disastrous first day. 22% of employee turnover occurs within the first 45 days of employment. #corporatelearning #professionaldevelopment Share on XWhat Percentage Of Employees Are Not Engaged Or are Actively Disengaged At Work?
85% of employees are not engaged or are actively disengaged at work.
What Proportion Of Workers Leave Their Jobs, And What’s A Major Reason For This Turnover?
One in four workers (25%) leave their jobs. Nearly one-third of that turnover is due to unsupportive management and a lack of professional development opportunities.
What Percentage Of Learners Apply Skills From Their Training To Their Job?
Only 12% of learners say they apply the skills from the training they receive to their job.
What Percentage Of Managers Believe Their Learning Programs Meet Learners’ Needs?
Only 38% of managers believe that their learning programs meet their learner’s needs. The other 62% admit their programs are lacking but often cite the lack of funds as the main reason for not improving them.
What Proportion Of Employees Find Uninspiring Content A Barrier To Learning?
33%, or roughly one out of every three employees say that uninspiring content is a barrier to their upskilling and reskilling efforts.
How Much Do Organizations Spend Globally On Training?
Organizations spend more than $350 billion globally on training.
What Percentage Of Employees Report Not Having Mastery Of Skills Needed For Their Jobs?
70% of employees report that they don’t have mastery of the skills needed to do their jobs.
What Percentage Of Respondents Believe Training Measurably Improved Performance?
Only 25% of respondents to a recent McKinsey survey believe that training measurably improved performance.
What Is The Estimated Annual Loss To A Business From Ineffective Training Per 1,000 Employees?
The total loss to a business from ineffective training is estimated at $13.5m per year, per 1,000 employees.
Corporate E-Learning Statistics
What Percentage Of Companies Use E-Learning For Employee Training?
According to a survey by the Brandon Hall Group, 77% of U.S. companies offer corporate e-learning to improve their employees’ professional development.
How Much Time Can E-Learning Save Compared To Traditional Classroom Training?
IBM found that participants learn nearly five times more material in online training courses using multimedia and visual content than in traditional face-to-face courses.
What Is The Projected Growth Rate Of The E-Learning Market?
The global e-learning market is projected to reach $345 billion by 2026, growing at a CAGR of 7% from 2020 to 2026. The global e-learning market is predicted to reach $512 billion by 2030.
What Percentage Of Learners Prefer Self-Paced Online Learning?
A survey by Learndash found that 58% of employees prefer self-paced learning via EdTech software over instructor-led training.
How Much Can Companies Save By Implementing E-Learning?
Companies can save between 50% and 70% when they replace instructor-based training with e-learning, according to a study by IOMA.
Corporate Learning Management Systems Statistics
What Percentage Of Organizations Use A Learning Management System?
According to a Brandon Hall Group study (linked in the footer of the page), 77% of organizations use a learning management system to support their professional learning and development initiatives.
How Much Is The Corporate LMS Market Expected To Grow?
The global corporate LMS market size is projected to reach $29.9 billion by 2026, growing at a CAGR of 21.1% from 2020 to 2026.
What Percentage Of Companies Plan To Increase Their LMS Budget?
A survey by Capterra found that 44% of companies plan to increase their LMS budget in the coming year.
How Many LMS Features Do Most Organizations Actually Use?
Recent research suggests that the average organization only uses about 30% of their LMS’s available features and learning technologies.
What Is The Average Return On Investment (ROI) For Companies Using An LMS?
According to a study by Nucleus Research (which I linked below), companies that invest in a learning management system see an average ROI of 23% in the first year of implementation.
The second year of consistent LMS implementation get an average of 33% ROI and in the thirds year that ROI goes to up 50%.
| Year of Usage | ROI |
|---|---|
| 1st year | 23% |
| 2nd year | 33% |
| 3rd year | 50% |
Corporate Learning Statistics FAQ
What is Corporate Learning and Development?
Corporate training (also known as corporate education, work based learning and workplace learning) is a system of activities designed by the company in order to train and educate their employees.
Having trained employees obviously helps the employer because of the efficient work they can now do; but corporate training is also highly beneficial for employees because it helps them gain more knowledge and skills (they fill in their skills gap faster) and it also helps them feel like an integral part of the company.
Quite often corporate learning and development is done in groups so there’s always a bond and camaraderie formed among different employees.
What are Corporate Learning Management Systems?
A corporate learning management system (LMS) is software companies use to deliver, manage and track employee training within an organization.
Corporate learning software is the key component in helping companies provide a consistent and effective learning experience to their employees.
How e-Learning is Beneficial in Corporate Training and Development?
E-learning or online learning is beneficial in corporate training and development because online learning gives almost infinite flexibility to employees to learn on their own terms and schedule. They still get the knowledge but don’t feel pressure and obligation to cram as much as possible to please their employers.
E-learning content is also often delivered in as compact micro lessons which is always a good thing for employee training and retention.
How Mobile Learning is More Effective for Corporate Training?
Mobile learning is more effective for corporate training than normal in-person education because mobile learning can be done anywhere and is often more comfortable than having to physically be present in a certain place. And employees typically love to learn from where they feel safe and comfortable as opposed to learning from some rigid, frigid classroom or corporate setting.
What is the Meaning and Purpose of Corporate Learning?
The meaning and purpose of corporate learning is to offer constant education and upskilling opportunities to employees of your company. They will benefit from it, and so will you. Having happier and more efficient employees is never a bad thing in business.
How Much is Spent on Corporate Learning in a Calendar Year?
Organizations spend more than $350 billion globally on training, averaging more than $1500 per employee per year.
How are Corporate Learning and Educational Learning Similar and Different?
Corporate learning and educational learning are similar in essence as they’re both methods of imparting new knowledge.
The difference is that corporate learning is about teaching employees something new. While educational learning is teaching anyone about anything. Or someone teaching themselves as a hobby.
The former is way narrower i meaning than the latter.
Corporate Learning Statistics Facts and Trends for 2024 (Conclusion)
My updated guide for 2024 lists the best and latest statistics, facts and trends about corporate learning.
I hope you enjoyed it because the guide is now over.
Read these related statistics guides next:
- Microlearning statistics
- Experiential learning statistics
- Learning disabilities statistics
- Summer learning loss statistics
- Learning loss statistics
- Learning and Development statistics
- Remote learning statistics
- Statistics on learning styles
- Interactive learning statistics
- Employee training retention statistics
- In-person vs online learning statistics
- Learning through play statistics
- Benefits of learning a foreign language statistics
- Lack of training in the workplace statistics
During my research, I consulted these resources below:
References:
- 10 Statistics on Corporate Training and What They Mean for Your Company’s Future- https://www.shiftelearning.com/blog/statistics-on-corporate-training-and-what-they-mean-for-your-companys-future
- Corporate Adult Learning Market and Statistics- https://start.askwonder.com/insights/trying-understand-user-journey-employee-organization-provides-education-benefits-ntn0xmoy
- Corporate Learning Management Systems Statistics- https://llcbuddy.com/data/corporate-learning-management-systems-statistics/
- 50 Online Education Statistics: 2024 Data on Higher Learning & Corporate Training- https://research.com/education/online-education-statistics
- Corporate E learning Market Size, Share: Industry Statistics – 124 + Pages- https://www.linkedin.com/pulse/corporate-e-learning-market-size-share-industry-utz5f/
- Employee Training Statistics, Trends, and Data in 2024- https://www.devlinpeck.com/content/employee-training-statistics
- Employee Training Statistics: The Value of Good Training- https://www.intellum.com/resources/blog/employee-training-statistics
- Workplace learning and development – statistics & facts- https://www.statista.com/topics/4281/workplace-learning-and-development/
- Are You Worth More Than 6 – 12 Minutes of Training?- https://www.hr.com/en/magazines/talent_management_excellence_essentials/april_2018_talent_management/are-you-worth-more-than-6—12-minutes-of-training_jfxtvwho.html
- Dismal Employee Engagement Is a Sign of Global Mismanagement- https://www.gallup.com/workplace/231668/dismal-employee-engagement-sign-global-mismanagement.aspx
- 2018 Retention Report: Truth & Trends in Turnover- https://info.workinstitute.com/2018retentionreport
- Infographic: Corporate Training Waste- https://kasperspiro.com/2015/03/20/shocking-outcomes-from-atd-research-on-instructional-design/
- Where Companies Go Wrong with Learning and Development-https://hbr.org/2019/10/where-companies-go-wrong-with-learning-and-development
- 5 Secrets to Increase Employee Engagement With Technology- https://www.shiftelearning.com/blog/increase-employee-engagement-with-technology
Nikola Roza
Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.