Training your employees can be expensive! The 2014 State of the Industry Report by the Association of Talent Development found that businesses spent $1,208 in learning expenses per employee. For small organization with less than 500 workers, however, the cost balloons up to $1,888 per employee annually. And with cash flow problems being the reason for failure of 29% of SMBs and startups, you may feel tempted to bin the idea of developing the talent of your workforce to reduce costs. But … [Read more...]