Now is not the time to back off training. Mick
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Jackson, acting chief executive at Skills for Logistics, cites the National Employers Skills Survey (NESS) 2007, which showed that training across all sectors in England increased from 65% to 67% from 2005-2007, while in logistics it increased from 60% to 63%. "Levels of training are Increasing," he says. "It has always been considered inevitable that training budgets are the first to go when trading conditions harden and, in common with other business-to-business services, training supply is suffering from a downturn in demand."
He adds: "Many firms of all sizes have changed their attitude towards training over the years and have accepted they need to be 'in it for the long run' to get the best out of developing their people.
"The recent SkillsPay campaign showed graphically how carefully focused training and development can produce real bottom line benefits, which could make the difference between survival and not in difficult trading conditions. For example, Winfield Transport has seen a reduction in staff turnover (and therefore expensive recruitment costs) from 36.8% to 12% due to training initiatives. It takes a brave person to train their way out of a slowdown, but those that do will reap the benefits."