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consulting technology outsourcing

Investments in training on the rise by US businesses
Our research with 400 executives at large US businesses reveals these findings in the
Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training.

US executives at large companies confirm that a skills gap persists

35%

training
51% intend to increasethe next
investments over
two years

have not invested
enough in training
to develop the
skills they need

Concerned they won’t have the skills
they need in the next one to two years

46%

Investments in training don’t reflect importance of training

72%

Employers say 52% of their workers receive company-provided formal training

By comparison, a previous Accenture survey of US workers found that only

of executives identified training as
one of the top ways for employees
to develop new skills

21%

of employees say they receive company-provided formal training

Consequences of not fixing skills gaps

59%

64

%

face eroding
customer
satisfaction

face a loss
of revenue

53%

66

anticipate
a delay in
developing
new products
or services

% anticipate a loss of

business to competitors

87%

say their
employees
feel additional
pressure
and stress

Skills in the highest demand
29%

44%
R&D skills

IT skills

29%

36%
Sales skills

Engineering skills

New methods of delivering training to employees

42%
use mobile
delivery

35% use social media 27% use Massive Open
Online Courses (MOOC)

13%

use gamification

Strategies for closing the skills gap
Find a balance between
formal and informal learning

Embrace new ways to develop skills

Invest earlier in the talent supply chain

Source: Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training. Surveyed 400 executives at large US businesses with annual revenues of $250M or more.

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US Businesses Increase Training Investments to Address Skills Gaps

  • 1. consulting technology outsourcing Investments in training on the rise by US businesses Our research with 400 executives at large US businesses reveals these findings in the Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training. US executives at large companies confirm that a skills gap persists 35% training 51% intend to increasethe next investments over two years have not invested enough in training to develop the skills they need Concerned they won’t have the skills they need in the next one to two years 46% Investments in training don’t reflect importance of training 72% Employers say 52% of their workers receive company-provided formal training By comparison, a previous Accenture survey of US workers found that only of executives identified training as one of the top ways for employees to develop new skills 21% of employees say they receive company-provided formal training Consequences of not fixing skills gaps 59% 64 % face eroding customer satisfaction face a loss of revenue 53% 66 anticipate a delay in developing new products or services % anticipate a loss of business to competitors 87% say their employees feel additional pressure and stress Skills in the highest demand 29% 44% R&D skills IT skills 29% 36% Sales skills Engineering skills New methods of delivering training to employees 42% use mobile delivery 35% use social media 27% use Massive Open Online Courses (MOOC) 13% use gamification Strategies for closing the skills gap Find a balance between formal and informal learning Embrace new ways to develop skills Invest earlier in the talent supply chain Source: Accenture 2013 Skills and Employment Trends Survey: Perspectives on Training. Surveyed 400 executives at large US businesses with annual revenues of $250M or more.