Skillnets invests €36m in training

DESPITE the recent Bord Snip Nua/McCarthyReport proposals which include a cut to its funding, the state-financed training body Skillnets showed its worth by investing more than €36 million in developing workplace skills in 56,000 workers last year, according to its annual report just published.

Of the total investment, €25m came from the Government’s National Training Fund (NTF), with €11.5m coming from companies. In all, training activity was delivered by 123 Skillnet networks around the country.

“The development of people in organisations has attributed much to the economic success of recent years. The importance of using training to build organisational capacity, which leads to a knowledge-driven economy, should never be underestimated,” commented Skillnets chief executive Alan Nuzum.