- Fewer than half of the manufacturers participating in the 2004 Management Issues
Survey invested in either formal or informal training with respect to such critical
aspects of their business such as the upgrading of technical skills, continuous
improvement, or even the orientation of new employees. Again, however, the training
undertaken by firms depends on company size, both in terms of annual sales and number
of employees. Mid-sized firms (with over $50 million to 200 million in annual sales
and 50 to 200 employees) invest in a greater variety of training for their employees
– possibly because these are companies that also tend to be growing more rapidly.
(See Tables 5, 6, and 7.
