Stat of the Week -- How much does your organization spend on education and training per IT employee annually (in US dollars)?

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Two years ago we added this question to our research on IT Trends. Though the data is limited, spending appeared to be growing this year, and is a data point we'll continue to track. According toMike Sisco, the growth "... could be attributed to developing staff internally to avoid hiring new employees. Last year, I discussed the future challenge we will face in staffing our IT organizations as the demand for qualified resources outpaces the supply due to retiring baby boomers and fewer IT majors graduating from universities. Training and education is a powerful motivator for IT employees and a tool that can help you retain your good employees."

* Excerpted from "IT Is Positioned for New Growth: Expect More Turbulence Before We Have Smooth Sailing" (),Cutter Benchmark Review, Vol. 11, No. 1

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