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Article: FEATURE/Profitable growth companies share greater commitment to employee training, Mercer Management consulting reports.
- Article from:
- Business Wire
- Article date:
- July 10, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON--(BUSINESS WIRE FEATURES)--July 10, 1996--Companies experiencing profitable growth over the past decade demonstrate a greater commitment to employee training and organizational learning, a Mercer Management Consulting survey reveals. In fact, almost nine in ten (88 percent) of the growth companies surveyed report steadily increasing investments in employee training. Among companies that did not achieve profitable growth during the same period, only 36 percent increased their training activities and an equal proportion actually cut back.
The international consulting firm surveyed senior executive at U.S.-based manufacturing and service corporations, ...