Credit crunch-hit managers are not getting enough funding to keep their employees’ training up to date, a survey has found. More than six in 10 training professionals said their budget has been ‘reduced or put on hold’ after the economic downturn started to take effect on their business. The survey, by training specialists MTD Training, found more than a third of businesses said their business priorities had changed as a result of the downturn, while more than four in 10 said they ‘did not feel safe in their role’. The results were released after government-funded skills service Train to Gain announced its 100,000th member on Wednesday. The organisation was launched in 2006 to help plug the UK’s worsening skills shortage, with over £520m injected into the scheme last year. Sean McPheat, managing director of MTD Training, said it is essential for businesses to continue to invest in training. “It's an indication that training is an area which is always one of the first to be hit when the purse strings need to be pulled in,” he said. “You're either in one of two camps. Either businesses see training and development as an expense or they view the development of their staff and managers in-particular as a vital area in order to pull through these hard times when strong leadership is called for.”

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