Future-proofing your IT team: Making the case for training, by the numbers
Business leaders don’t have time or money to waste on ineffective training for their IT teams. The introduction of AI and the ever-evolving threats posed by cybersecurity seem to be moving at a sprint, meaning that keeping IT teams trained on the latest threats and vulnerabilities has never been more critical.
If you’re looking for a solid list of reasons – numbers talk – to be sure your training investment is working for your team, read on…
Increased Productivity
Companies that invest in training their employees achieve 218% higher income per employee than those that don't invest in training. Source: Investing in Employee Training: A Smart Business Strategy | LinkedIn
Cost Savings
A survey found that organizations that provide comprehensive training programs have 218% higher revenue per employee and 24% higher profit margins compared to those with less comprehensive training. Source: The Secret To Increasing Your Company’s Income By 218% - MindSpring (gomindspring.com)
Ineffective training costs businesses an average of $13.5 million per year per 1,000 employees. Source: Employee Training Statistics: Cost of Progress in 2023 | TeamStage
Reduced Turnover
Companies that invest in training and development have a 34% higher retention rate than those that don't. Source: Workplace Learning & Development Report 2018 | LinkedIn Learning
According to LinkedIn, 94% of employees would stay at a company longer if it invested in their career development. Source: (24) Post | LinkedIn
Enhanced Cybersecurity
94% of all malware is delivered through email, making security awareness and training crucial for mitigating risks. Source: 2023 Data Breach Investigations Report | Verizon
A study by the Ponemon Institute found that organizations with a well-trained workforce experienced 52% fewer cyberattacks and 78% lower costs per breach. Source: Microsoft Word - Trend_Micro_WP_FINAL_2-4.docx (ponemon.org)
Adaptability and Innovation
Organizations that offer comprehensive training programs are 92% more likely to innovate and respond effectively to industry changes. Source: The Power Of L&D For Innovation - eLearning Industry
Addressing Skill Gaps
84% of IT decision-makers believe there is a significant skill gap in their teams. Source: Harvey Nash / KPMG CIO Survey 2020: Everything changed. Or did it?
A report by CompTIA revealed that 74% of companies faced challenges finding skilled IT professionals. Source: Assessing the IT Skills Gap | IT Workforce | CompTIA
Interested in training for your team?
Future-proof your business, retain top talent, upskill your team and gain essential insights with audit, cybersecurity and IT training for individuals, teams and leaders. ACI Learning delivers the right training when and how you and your team needs it. Our on-demand self-paced video libraries are designed with the learner in mind. Our engaging short episodes are offered via an entertaining two-person format providing the learner access to training with results.