The Corporate Learning Factbook 2009: Financial Services Edition

Date Published: 5/1/2009

Author: Karen O’ Leonard (more research by Karen O’ Leonard)

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Overview

Tailored for the financial services industry, this report provides a comprehensive source of benchmarking statistics on training spending, staffing and programs. Table of Contents

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As businesses in the financial services industry dig their way out of the current economic mess,  corporate learning and HR professionals in this sector face unprecedented challenges related to budgets, staffing, organizational issues, and program priorities.  The 2009 Corporate Learning Factbook: Financial Services Edition provides an in-depth look at the corporate learning challenges facing financial services organizations – and how these challenges are affecting all aspects of training operations. 

This special edition combines the recently published 2009 Corporate Learning Factbook with a section specifically focused on financial services.  It is the only study of its kind to provide executives in banking, finance, and insurance  with detailed benchmark data, trend information, and guidance that can help direct planning and budgeting decisions related to all aspects of corporate training.

Use Factbook data to compare your organization with peers – as well as with companies in other industries.  The findings can help you justify new investments, identify areas where you could be under- or over-spending, and compare your company’s programs and priorities with those of other companies. 

Below is a sampling of the information you’ll find:

·         Spending per learner

·         Annual training hours per learner

·         Staff per learner ratios

·         Costs per training hour

·         Top learning-related priorities for the coming year

·         Budget allocation by program area

·         Delivery methods

·         LMS usage

·         Payroll and technology investments (compared to total spending)

The 2009 Financial Services Edition also includes seven cases in point, brief case studies which illustrate key trends and describe best practices.  Bank of America, BECU, Pulte Mortgage, and The Hartford Financial are among the organizations interviewed and highlighted in this report.

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