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Study: Slow Growth in Diversity Initiatives
Nearly 22 percent will spend more in ’07, but 21 percent plan to allocate no funds at all for inclusion training.
Diversity Spending: Driven largely by increased globalization, about 22 percent of employers plan to
boost spending on
diversity
initiatives in 2007, according to Boston-based Novations Group. The poll
of more than 2,000 senior HR executives reveals that more firms are focusing on
getting employees engaged and tracking the effectiveness of diversity and
inclusion programs. Nearly 52 percent of companies expect their spending on
diversity training to remain the same as in 2006, with about 5 percent
predicting a drop in spending. However, nearly 21 percent of those polled will
budget nothing for diversity training.
Next Article: 2. Report: Outsourcing Contracts Rose in 2006
The number of outsourcing deals increased, but average value declined by 7 percent.
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