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Powerful sales tool: Helping employers conduct an employee benefits survey

By suggesting an employee survey and running it yourself, you can learn about the state of your current relationship -- or get your foot in the door for a new relationship.

By Bryce Sanders | October 03, 2023 at 11:34 AM
Credit: Bro Vector/Adobe Stock

“With tight labor markets, business leaders are beginning to recognize retraining existing talent for new roles as more effective than competing for scarce talent,” the authors write. “While reskilling for future skills requires long-term planning, the cost of disruptive layoffs and hiring can be more expensive than providing continuous training for employees.”

With this new demand for reskilling, organizations are placing a higher priority on L&D: 35 percent of surveyed organizations enjoyed increased budgets in the last year, and only 13 percent saw their budget decline. However, 51 percent of L&D budgets remained the same, “which is worrying, given the reskilling task ahead.”

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