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Print Edition StoriesWednesday, January 6, 2010
By the numbers: Online education gains credibility
By Mass High Tech staff
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Gaining credibility
Human resources managers are taking a new view of online education, with 90 percent saying online degrees are viewed more favorably than five years ago, but it isn’t yet on par with brick and mortar schooling.
Online university degrees are viewed more favorably today than five years ago Base: 563
14% strongly agree
76% agree
9% disagree
1% strongly disagree
The current economic recession has led to an increase in the number of job applicants with online university degrees Base: 541
10% strongly agree
58% agree
30% disagree
2% strongly disagree
Online university degree programs are equally credible to traditional university degree programs Base: 570
8% strongly agree
39% agree
47% disagree
6% strongly disagree
Fall-off
Spending on corporate training slipped in 2008, the year the recession really kicked in
U.S. spending on training and development per employee
2007: $1,110 2008: $1,068 Difference: -3.8%
Hours of form learning (avg. per employee)
2007: 37.4 2008: 36.3 Difference: -2.9%
Learning expenditures as percent of payroll
2007: 2.15% 2008: 2.24% Difference: +.4%
Source: American Society for Training & Development
Leadership gap
Stated goals and reality don’t match up when it comes to executive development
62% The percentage of organizations saying that leadership development is one of their three top talent strategies
37% How many organizations rate the capabilities of their top executives as excellent
20% The percentage of companies that offer no development for executives
Source: Bersin & Associates Leadership Development Factbook 2009 (www.bersin.com)
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