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Workplaces can do 1 simple thing to help employees grow, says expert

By CNBC  
   January 09, 2023

One number stands between thriving and floundering workplaces: $2,500. That’s the most 65% of businesses spend per year, per employee on leadership development, according to a survey of more than 700 HR leaders conducted by Forrester and HR Executive Magazine.

It's a paltry sum for many companies, but when spent intelligently, it can help promising employees become effective leaders, says Katy Tynan, a principal analyst at Forrester who co-published the report.

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