Employee Training Statistics, Trends, and Data in 2024

Devlin Peck
. Updated on 
January 10, 2024
Employee training statistics thumbnail

What are the top employee training statistics?

You’re in the right place.

I’ve compiled a timely list of stats all about employee development, what employees expect from it, and how exactly it affects employee retention.

Here, you’ll learn all about the benefits and shortcomings of employee training, and how to better explain—and prove— its value for organizations worldwide.

Ready? Let’s dive in!

The top employee training statistics of 2024

  1. Companies with comprehensive employee training programs have 218% higher income per employee than companies without formalized training
  2. When employees receive the training they need (and want), companies are 17% more productive
  3. 59% of employees think training directly improves their performance
  4. Less than one-third of employees are satisfied with the available opportunities for career advancement
  5. A majority, 68% of employees, prefer to learn and train at work
  6. 45% of workers are more likely to stay in their role if they receive training
  7. Over 90% of employees say they won’t quit if they get development opportunities
  8. 92% of employees think workplace training impacts their job engagement positively
  9. 40% of Fortune 500 companies use Learning Management Systems to stay competitive
  10. Employees learn 70% of their skills on the job and just 10% through formal training

How effective is employee training?

1.  Company training programs yield 218% higher income per employee than those without formalized training


How do you know if professional development training is effective? Good question – companies earn over double the income per employee when they offer employee training. These companies also have a 24% higher profit margin overall.

2. Companies are 17% more productive when employees get the training they need


A global survey found that companies are 17% more productive and 21% more profitable when they offer training to engaged employees. And yet, only 15% of full-time workers said they are “highly involved in and enthusiastic about their work.” Employees with low engagement pose a “stunning amount of wasted potential.” Some reasons for low engagement in addition to no employee training are slow adoptions of technology and the rise of the gig economy (freelancing).    

3. 59% of employees say training improves their overall job performance


Almost 6 out of every 10 workers think training helps them do their job better. Over half, 51%, believe training gives them more confidence and 41% say it helps improve their time management skills. Meanwhile, one-third (33%) will cite training as a factor for earning a salary increase.

4. 68% of employees prefer to learn or train in the workplace


What is the most effective employee training? It may be in the workplace as that is what most employees want. 68% want to train while they’re at work and 58% prefer to learn at their own speed. Meanwhile, just half, 49% want to train only when it’s necessary.

5. 40% of Fortune 500 companies use Learning Management Systems (LMS) to stay competitive

(Finances Online)

Nearly half of all Fortune 500 companies use employee training to remain competitive. So, what are the key points of effective employee training? HR professionals identify the most essential skills to train for are conducting internal skills gap assessments (74%), tracking business KPIs (66%), participating in upper-level meetings (61%), and industry trends (51%).

6.  Employees learn 70% of their skills on the job and 10% through formal training sessions


70% of employee learning happens on the job informally. About 20% of learning is from coaching, mentoring, and interactions with coworkers. 10% is due to formal training. However, there is some controversy around this model – many L&D professionals argue that the model doesn’t focus on formal training enough.

7.  92% of workers think workplace training positively impacts their job engagement


Does training increase employee engagement? Yes, by a lot. A survey found more than 9 in 10 employees say the right kind of workplace training has positive effects on their job engagement.

How important is training to employees?

8.  76% of Gen Z learners think that learning is the key to a successful career


More than two-thirds of the younger employee generation believe training isn’t just effective, but vital for a successful career. Gen Z is more focused on career growth and learning than previous generations. These learners watched 50% more hours per learner of educational content in 2020 compared to 2019.

9.  39% of U.S. employees believe “potential for future growth” is the most important factor for job satisfaction


Nobody wants a dead-end job, so the promise of career growth is essential for workers today. While nearly 40% prioritize growth, 46% think wages and 45% think the health plan is the most important factor. Another study found 68% of employees consider training essential to job satisfaction.

10.  59% of Millennials say learning and growing are extremely important when applying for a job, the most of other generations


Nearly 6 in 10 Millennials want to see opportunities to learn and grow when they’re browsing job postings. Comparatively, 44% of Gen Xers and just 41% of Baby Boomers said the same thing. Research from Gallup found that Millennials are the least forgiving of bad workplaces or managers and will leave their jobs faster than other generations if/when it “stunts their growth.”

11.  The skills sets for jobs have changed by around 25% since 2015


Training is more important than ever because skill sets are rapidly changing. The skills needed for today’s job market have changed by roughly a quarter since 2015. By 2027, the skills sets are expected to change by 50% when compared to those in 2015. That’s why 89% of Learning and Development professionals agree that building employee skills and upskilling is crucial for this evolving future of work.

What is the percentage of employees trained?

12.  At companies with more than 50 employees, 85% receive formal training


How many employees receive formal training? A U.S. study found that approximately 84.4% of those employed at companies with 50 or more employees received formal training at work. For continuing education, 69.8% of U.S. workers received formal training within the last 12 months, while 95.8% report receiving some kind of informal training.

13.  59% of employees report they’ve never had workplace training


Another study has quite different results than the employee training statistics above. Some research found an astounding 59% of workers claim they’ve had zero workplace training and their skills are entirely self-taught. This is most common amongst tech talent, in particular developers where 70% are self-taught.

14.  29% of workers don’t feel optimistic about the career development opportunities they have for upskilling or training


More than half (52%) of workers admitted they need to learn new skills within the next year in order to continue their careers. This skill gap is widened considering 46% of these employees admitted they are not as skilled as they need to be. To make matters worse, almost one-third (29%) of workers don’t feel optimistic about the opportunities they have for training to learn new skills or upskill.

15. 43% of those who received training found it to be ineffective


Recent research suggests a huge opportunity for employers today: better employee training. One study found 31%, almost one-third, of employees were offered no formal training. Of those that got it, 43% found this formal training ineffective.

So what do people want when it comes to employee training? That’s next.

16. 39% of small businesses offer classroom-led trainings while 17% use virtual classrooms

(eLearning Industry)

How are small businesses training their employees? A 2021 found that almost 40% of small businesses employ classic classroom style training. One-quarter, 25%, use blended learning techniques while 17% implement virtual training options.

What do employees want most from employee training?

17.  93% want training that is easy to complete and understand

(HR Dive)

Most workers, 93% in a study, claimed they want employee training that is easy to complete. 91% want personalized training that’s relevant to their position while 90% want training that is also engaging and fun.

18.  89% of workers want training available anywhere and anytime

(HR Dive)

Nearly 9 in 10 workers want their training to be available anytime and anywhere they need it to do their job. 85% say they want to be able to choose training times that fit their schedule and 80% think that frequent or routine training is more important than singular formal training.

19.  To remain employed, nearly three-quarters of workers want to learn new skills–but only once per quarter


Statistics from PwC found that 74% of workers want to acquire new skills in their training. This eagerness to learn is to remain employed and also advance in the workplace. But, employees want to learn at a different pace than companies think. Most organizations (36%) offer training once every month. However, only 25% of workers want monthly training. Most workers (33%) prefer quarterly training.

20. Over half of workers claim they need more development opportunities to improve their work


What do employees want from training? It’s simple: to get better at their jobs. Over half, 55% of workers, say they need more opportunities to develop their skills and improve their work. Meanwhile, about 68% say the training they get is adequate for their position.

How much does employee training help with retention?

21.  45% of employees are more likely to stay in their role if they receive more training

(Built In)

A survey found that nearly half, 45%, of workers said they would be more likely to stay at their current jobs if their employer offered more training. Employee retention is more important than ever considering more than 4 million U.S. workers quit their jobs in June 2022, while 40% of workers across 6 countries said they have plans to leave their current roles.

22.  Over 90% of employees say they won’t quit if they get development opportunities


LinkedIn’s 2023 Workplace Learning Report found that 93% of organizations are concerned about employee retention—and the number one way to improve retention is by “providing learning opportunities.” In fact, 94% of workers said development opportunities would keep them in a role.

23.  Employees at organizations with internal mobility stay 2x longer


When employees are able to migrate internally, they stay at a company for approximately 5.4 years. Companies with low internal mobility have employees that last about 2.9 years. Why? Employees who move into new roles at the same company are 3.5 times more likely to be engaged than those who stay in their current roles.

24.  83% of HR managers said training is beneficial for employee attraction


More than 8 in 10 hiring managers believe employee training is positive to attract the right candidates. At the same time, 86% say this same training is critical for retention. This same survey found that 76% of employees are more likely to stay with a company that offers continuous training.

25.  92% of survey respondents said training goals for organizations should reinforce a positive employee experience


What should companies focus on during their employee training? L&D professionals say it’s most important to reinforce a positive company culture with a positive employee experience. This means building a more diverse and inclusive workforce (88%), improving employee engagement (87%), and fostering a growth mindset within the company (87%).

Over to you!

And there it is! You just read 25 employee training statistics explaining how exactly it affects the workplace and its employees.

These employee development statistics show you exactly why professional development opportunities are needed in the workplace. After all, a successful employee training program can motivate and retain some of your best employees.

Read more:

The Top Online Learning Statistics

The Biggest eLearning Trends

What is Instructional Design

How to Become an Instructional Designer






Finances Online



HR Dive




Built In

Devlin Peck
Devlin Peck
Devlin Peck is the founder of DevlinPeck.com, where he helps people build instructional design skills and break into the industry. He previously worked as a freelance instructional designer and graduated from Florida State University.
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Devlin Peck

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