REPORT: Trends in Technical Training
The state of the workforce & training from the perspective of hundreds of manufacturing & operations leaders
Key Findings
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Shortage of skilled labor:
Executives anticipate losing an average of 7% of their workforce to retirement & turnover over the next two years.
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Concerns over training efficiency:
89% of executives worry their current training programs are ineffective in adequately preparing new hires.
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Consequences to consumers:
If training does not improve, executives predict an 11% drop in productivity within two years — and declining quality & availability of goods & services.
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Repercussions to workers:
Executives expect an increase in workplace injuries, employee turnover, layoffs & location closures if training remains inadequate.