{"id":23591,"date":"2022-11-16T13:19:23","date_gmt":"2022-11-16T19:19:23","guid":{"rendered":"https:\/\/trainingmag.com\/?p=23591"},"modified":"2022-11-16T13:19:23","modified_gmt":"2022-11-16T19:19:23","slug":"the-big-investment","status":"publish","type":"post","link":"https:\/\/trainingmag.com\/the-big-investment\/","title":{"rendered":"The BIG Investment"},"content":{"rendered":"
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My last few trips to the grocery store produced some \u201csticker shock,\u201d with the small number of items in my cart inversely proportional to my bill. With rising costs and belt-tightening seemingly all around us, I was worried that organizations might be doing some trimming of their own in the learning and development area. Fortunately, that does not appear to be the case, based on\u00a0Training<\/em>\u00a0magazine\u2019s 2022 Training Industry Report, which saw U.S. training expenditures surpassing the $100 billion-mark for the first time.<\/p>\n<\/div>\n

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While some of the increased investment in training and development can be attributed to inflation, there are indications that companies are beginning to return to in-person learning in some form. For example, expenditures on training-related travel, facilities, equipment, etc., rebounded to nearly pre-pandemic levels at $28.3 billion.<\/p>\n<\/div>\n

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We\u2019re happy to note that our in-person TechLearn 2022 Conference\u2014held for the first time in Austin, TX\u2014was our best attended fall event in decades. As one L&D professional noted, \u201cAfter attending TechLearn, I now have amazing connections with like-minded people I can ask for advice, questions, anything!\u201d Click here<\/a> to read the wrap-up. And here<\/a> to read about the Innovations in Training co-located experience. And find out here<\/a> about the 2022 GamiCon Throwdown Competition winners.<\/p>\n<\/div>\n

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The in-person networking continues at our 2023 Training Conference & Expo taking place February 13-15, 2023\u00a0(https:\/\/www.trainingconference.com<\/a>)<\/strong>. The Learning Force is strong in Orlando!<\/p>\n<\/div>\n

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A big thank you to one of\u00a0Training<\/em>\u00a0magazine\u2019s long-time learning forces, Roy Saunderson, who has written our Talent Tips column for 10-plus years and now will be enjoying his much-deserved retirement. We deeply appreciate his valuable insights and commitment to\u00a0Training<\/em>\u00a0all these years. Roy\u2019s colleague, Dr. Jack Wiley, will take over the column starting with the March 2023 print issue.<\/p>\n<\/div>\n

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In the meantime, best wishes for a happy, healthy, joyous holiday season! See you in 2023!<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

With rising costs and belt-tightening seemingly all around us, I was worried that organizations might be doing some trimming of their own in the learning and development area. 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