I've been reading a lot about credit crunch lately and was wondering how much it would effect us trainers? Should we be worried about it? How do people feel about it?

XX Sarah

I think media is responsible for generating a huge surge of stress in people which i suppose to some degree is needed to prevent people from spending the mony they dont have (creadit cards, loans). from a trainers point of view i dont think it would effect us that much especially when working with bigger clients, the budget set aside by such companies is not big enough to be affected by the crunch, or at least thats what we hope for:-)

I think credit crunch is bound to affect training however some companies may see it as an opportunity to concentrate more on training in order encourage HR developments.

The economy looks grimmer everyday but as a training company we still havent noticed any difference in demands for training yet and hopefully it stays that way!