Setting a budget for training is never easy with all the competition for expenses needed to run your business. So, if you ever wonder what resources other companies commit to training, you might want to check out the American Society for Training & Development (ASTD) 2003 State of the Industry Report. Here are a few ways to measure commitment to training and a few benchmarks on what others spend.
-- Training as a % of payroll increased to 2.2% in 2002, up from 1.9% in 2001.