A three-year study of 2,500 firms by the American Society of Training and Development found definitive evidence linking increased training investments to more favorable financial results for companies. Firms that increased training investment saw higher shareholder returns and enjoyed higher profit margins.
Research from Hackett Benchmarking and Research revealed that companies that increased spending on training averaged voluntary employee turnover rates of 7% compared to 16% for those companies that spent less.
Let your manager know that an investment in your training is an investment for the success of your organization.
Click here for a sample Justification Letter you can customize to build your case for attending.