Subject to more regulatory requirements than many other industries, the finance industry has unique needs and challenges. To provide an understanding of talent development in the finance industry in the United States, the 2019 State of Finance Training reports on metrics related to training, including learning expenditure, average numbers of learning hours used and available, and learning delivery methods.
In addition to identifying differences between the finance industry and other industries in these areas, the report examines how distinct types of financial organizations—primarily banks, credit unions, and all other financial institutions—differ from one another in their talent development activities.
The 2019 State of Finance Training also addresses how the 2007–2008 financial crisis affected talent development activities, and considers the extent to which respondents believe their organization is prepared for another financial crisis. Additionally, the report provides insights from talent development leaders in the finance industry on overcoming challenges to delivering training, best practices, and recommendations.