“During the second quarter of 2008, The American Society for Training and Development, The Conference Board, Corporate Voices for Working Families, and the Society for Human Resource Management surveyed 217 employers to examine corporate practices on training newly hired graduates at three educational levels: high school, two year college, and four-year college. The findings indicate that employers are struggling to correct for an ill-prepared workforce. While almost half of the companies surveyed provide readiness or remedial training programs for new hires, the majority report less than strong results. The low scores may be linked to the fact that the programs offered often do not match employers’ greatest needs. Employers are also unable to report how much they are spending on these programs, which makes it impossible to assess their impact on the bottom line.” [Stuart Basefsky]