5 Good Reasons to Invest in Corporate eLearning
Imran Shabani
Associate Director of Digital Learning at LEORON Professional Development Institute | Senior Advisor in eLearning, eVoting, Digital Transformation, ICT, LMS, and Talent and Performance Platforms
All sizes of businesses are starting to see the benefits of transferring their corporate training online.
eLearning is currently reported to be the second-most beneficial training approach used by corporations. This shouldn't be a surprise, since organizations save at least 50% when they use eLearning instead of traditional instructor-led training. In addition, eLearning reduces training time by up to 60%.
The expense, however, precludes many organizations from making the transition to eLearning. Does online corporate training justify the expense? Are the advantages substantial enough to justify a portion of your HR budget? For HR Managers who may be on the fence regarding whether or not a corporate eLearning strategy would be beneficial to their bottom line, I thought it would be prudent to highlight some persuasive points in favour of online corporate training.'
Reduced training costs
One of the greatest benefits of online corporate training is that it cuts training expenses. There will no longer be a need for printed training materials or even on-site facilitators since the online training platform has all the knowledge an employee would want. Unlike traditional face-to-face staff development, the costs of keeping an online training platform up and running are low, even though there may be an initial cost. As eLearning gains popularity in the field of employee training, the advantages of cloud-based Learning Management Systems become more important for firms that want to provide cost-effective and adaptable training techniques.
Rapid deployment of content
eLearning can be done quickly and easily, so employees can get new knowledge or skills almost right away. Instead of waiting for printed materials to be made and sent to all the locations of your organization, you can just upload your documents and give your workers instant access to a lot of information. Using the web conferencing feature of your LMS, you can quickly create and send out a webinar that focuses on the most important skills that need to be developed. For example, if you find that your sales staff may need more training based on current statistics, you can do this right away. PERCIPIO and Ta3lem LMS are fantastic examples of quick releases of content.
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Provides users with access to information when they need it most
eLearning also gives users access to important information and resources for reference whenever they need it. For instance, if a staff member wants a refresher on how to issue a refund to a client, they can simply go into the LMS and access the customer service module to review the numerous steps needed. This allows you to keep your personnel updated and aware of corporate operations, resulting in increased customer satisfaction and/or enhanced business practices.
Improved knowledge retention
When an employee can learn in a fun and interesting setting, they are more likely to remember what they have learned. Providing students with access to interactive, reality-based situations and evaluations helps them assimilate the content more efficiently, allowing them to use the information in the workplace.
Reduced employee turnover rates
Employees who are content and well-informed are more likely to stay loyal to your organization. By providing them with access to 24/7 online training and self-paced learning modules, they may achieve their professional objectives and be motivated to enhance their work performance. They can also identify areas in which they might improve and identify their key talents, allowing them to become better workers and more knowledgeable brand advocates.