There is a general complaint across all industries about the sorry state of the
job applicant pool. In this case, the Fortune 500 is no different than you. So
big training budgets make perfect sense. When the Fortune 500 can’t find personnel
with the skill level they require, they look within and create their
own.
And never mind the lamentable state of the applicant pool. The ever-changing
business environment demands new skills - skills that your employees didn’t
need a mere 10 years ago.