Learning and training news
Benefits from union-led training spend
For every £1 spent on union supported learning and training, the economy gets £9.15 back, according to a new study published by the TUC.
The report, based on findings from the University of Exeter, shows that £5.75 of this £9.15 economic return comes from the boost union-led training gives to workers’ wages and employment prospects over their lifetimes.
However, the study also reveals that for every £1 spent on union-led training and learning, employers see a return of £3.40 thanks to staff becoming more skilled and productive.