Navigation Links
Training Program is Key to Developing and Maintaining Engineering Talent, Benchmarking Study Shows

CHAPEL HILL, N.C., Oct. 30, 2015 /PRNewswire/ -- As baby boomers retire in increasing numbers, developing engineering talent becomes a mission-critical process for companies across many industries. Top organizations have found that having the proper development programs in place is a key factor for success in developing and maintaining their pool of engineering talent. However, the data below from a Best Practices, LLC study encapsulates a key challenge facing companies: getting enough of their engineers to participate in these training programs.

  • Across companies, an average of 94% of all engineers are eligible to participate in formal technical training programs, while 56% participate
  • Continuing education programs have high average engineer eligibility at 91%, but these programs for the lowest participation rate of types benchmarked at 22%
  • Experienced-based training programs are the most selective with only 67% of engineers eligible on average, but nearly half - 31% -are participating

To better understand how world class companies optimize their engineering development programs to meet current and future organizational talent requirements, Best Practices, LLC published a research study that examines best-in-class engineering development programs.

The report, Best Practices for Developing World-Class Engineering Talent, identified innovative, cost-effective and world-class practices, processes and tools that a company can adopt to ensure that the workforce continues to meet its growth objectives within the current market.

The study is based on a research project involving a benchmark class of 28 technology-rich companies and includes leading aerospace, manufacturing and utility organizations.

The report examines the strategic importance, engineer eligibility, participation & relative effectiveness of:

  • Technical Training
  • Experience-Based Training
  • Continuing Education/ Reimbursement
  • Benchmarks for annual cost and hours of training provided per engineer in the workforce
  • Key sources of training materials
  • Pros & cons of standardizing curricula
  • Most effective metrics for measuring program success
  • Innovative, best-in-class processes, tools & technologies that increase training program effectiveness

To access the full report or to download a complimentary summary containing insights found in this report, click on the following link:

For related research, visit our Best Practices, LLC Web site at

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.

SOURCE Best Practices, LLC
Copyright©2015 PR Newswire.
All rights reserved

Related medicine technology :

1. TSI Announces 2013 Respiratory Protection Roadshow Training Dates and Locations
2. Global Role of Market Research Supports Need for Training and Development Programs
3. Celebrating 25 Years and Counting: Leukemia and Lymphoma Societys "Team In Training" Goes the Distance and Beyond for Blood Cancer Patients
4. New RCSA Certification Curriculum Uses Angio Mentor Simulators for Advanced Training
5. Fluke Biomedical to hold first Medical Device QA Training Summit
6. NxStage Urges CMS to Fix Training Reimbursement to Provide Medicare Patients Greater Access to Life-Changing Home Hemodialysis Therapies
7. Innovative Endovascular Basic Skills Training Module
8. Innovatives Trainingsmodul für grundlegende Fähigkeiten bei endovaskulären Eingriffen
9. CryoLife To Host Aortic Valve and Root Training Session
10. Creekridge Capital Launches Vendor Sales Training Program
11. Innovative Pelvic Exam Training for All Clinicians Now Available by Simbionix
Post Your Comments:
(Date:11/19/2019)... ... November 19, 2019 , ... Dr. David Stoker recently welcomed ... Los Angeles. Carla's expertise in nonsurgical and body contouring procedures is recognized nationally, as ... " Carla is among an exclusive group of experts in the U.S. who ...
(Date:11/19/2019)... ... November 18, 2019 , ... “Impact of the Biofield Energy ... Patric has been named No. 1 International Best Seller and Hot New Release ... Research and Theory, and Mind-Body Connection in the USA, Canada, United Kingdom, and ...
(Date:11/19/2019)... ... ... “Evaluation of the Biofield Energy Treated Novel Test Formulation on Overall Organs ... Seller on Amazon in many categories including Holistic Medicine, Mind-Body Connection, Internal Medicine, Reference, ... Holistic Medicine. , The aim of Suzuki’s research was to study the ...
Breaking Medicine Technology:
(Date:11/19/2019)... , ... November 19, 2019 , ... Bright Day Big ... for children is announcing the launch of their Gift Of Play initiative. Organizations ... could be theirs. , Co-Founders of Bright Day Big Blocks, Laurel Tucker and David ...
(Date:11/19/2019)... ANTONIO, Texas (PRWEB) , ... November 19, 2019 , ... ... Service Group has been selected to conduct an auction of the medical assets. A ... Street location to close its doors. An array of high-end equipment ranging from hospital ...
(Date:11/19/2019)... ... November 18, 2019 , ... ... Biomarkers.” by Vicki Kindy has been named No. 1 International Best Seller and ... Biochemistry, Laboratory Science, Energy Healing, Nosology, and Alternative Medicine. , Kindy’s study ...
(Date:11/16/2019)... ... 2019 , ... At their 36th Annual Awards Gala on November 12th at ... programs and services benefiting Calvary patients and their families. Ryan Field, WABC-TV Sports Anchor, ... Chiffons, and Shirley Alston Reeves, original lead singer of The Shirelles. , ...
(Date:11/16/2019)... ... 15, 2019 , ... , a comprehensive resource ... Memory Care Facilities in Amarillo, Texas. The guide identifies 5 memory care communities ... to the Alzheimer’s Association , 5.6 million people age 65 and older ...
Breaking Medicine News(10 mins):