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18. How much do enterprises invest in continuing vocational training?
A key aim of EU policy is for governments, individuals, and employers to invest in skill development to strengthen social inclusion, and improve economic growth and competitiveness.
The indicator below is defined as the total monetary expenditure on CVT courses by the employer as a percentage of the employer’s total labour costs (excluding personnel absence costs which are susceptible to high measurement error). The reference period is the calendar year of the survey.
Figure 18: Enterprise expenditure on CVT courses as % of total labour cost
Source: Cedefop calculations based on Eurostat, continuing vocational training survey.
Key points
In the EU the average total monetary expenditure on CVT courses as a percentage of total labour costs was 0.8% in 2010. The highest values of employer expenditure are reported in France (1.6%), followed by Malta (1.4%), Hungary (1.3%), the Netherlands (1.2%) and Cyprus (1.1%). All other countries report an enterprise expenditure on CVT courses below 1% of total labour cost. Croatia, Italy, Romania, and Latvia all record relatively low expenditure levels (0.4%). The only non-EU country for which data are available is Norway, with (at 0.7%) a level of expenditure slightly below the EU average.
Table 18: Enterprise expenditure on CVT courses as % of total labour cost
(u) Eurostat: "low reliability". (z) Eurostat: "not applicable". (e) Eurostat: "estimated".
Source: Cedefop calculations based on Eurostat, continuing vocational training survey.
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