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Corporate training is always a very good indicator of economic activity:when companies slow down they often cut training spending, and then as business grows they ramp back up to train new hires, salespeople, and leaders. This is among the most discretionary of all corporate spending areas, so it is an excellent bellwether for business confidence.IIDS plans to focus more on corporate training space, especially in targeted training areas.

Corporate training can be full-filled in a number of ways, constituting:

On-the-job training

Employees learn while performing job duties. This is trained under the guidance of more experienced industry professionals

Institution training
  • This type of training can be aimed at building the general skill levels of employees or at updating them on innovations in a rapidly changing field.
  • It takes the form of short seminars or formal courses held at a location outside the company or through online.