How Your Company Can Benefit from E-Learning

Data shows that the second reason why an employee will stay with a company or accept a new job is the opportunity for continued learning. And with the current “great resignation” or as we like to call it, the “Great Transformation” affecting all companies large and small, L&D benefits are an essential offering.

While many relate e-Learning to job seekers and personal development, thousands of corporations and companies are using e-Learning for upskilling their workforce, which has become all the more critical in the wake of the pandemic.

More companies are seeing the benefits of e-Learning and how it can help their busy stay agile during these uncertain times.

What are the benefits of e-Learning for companies?

1. E-Learning improves staff performance and productivity.

Ambitious team members are always eager to develop their professional skills. Still, traditional face-to-face, classroom-based training is time-consuming, often requiring staff to take extended periods of time away from their responsibilities.?

E-learning takes less time to set up for employees, training providers, and staff. All an individual needs to do is enroll in a course, and they can start learning immediately. Learners can participate in training from the comfort of their own homes or workplace without needing to take time away from their work duties. Online learning is far less disruptive to work schedules and workflows, encouraging staff to be more productive in the long run.

2. E-Learning is cost-effective and efficient

Online training reduces many costs commonly associated with traditional classroom training. No longer is there a need to hire venues, book rooms or arrange for travel and catering.?

Online course materials are produced and shared digitally, which is considerably less expensive and taxing than producing physical copies. Not to mention, digital documents are kinder on the environment. Additionally, , physical copies of documents and handbooks quickly become outdated and need to routinely be updated and replaced. The whole process needs to be repeated regularly, and the costs quickly add up. Digital training materials are much easier to keep up to date. You're also saving organizational time and staff time.

3. Online learning boosts skills across different topics.

Completing an online training course will equip you and your team with all the necessary skills to rise to the top of your respective industry. Often, when choosing courses, it can be difficult to find an appropriate course locally.. Online, not only are there a wide range of courses that you can participate in remotely, you can learn from experts across the globe. Online learning has no geographical barriers for you to worry about.?

Success stories

The benefits of e-Learning are numerous and multifaceted, so much so that some of the world's largest companies have invested fortunes in implementing their own online learning and development programs. Here are a few examples:?

1. Intuit

Intuit Inc., one of the leading software companies specializing in financial software, is very forward-thinking in learning and development. They pride themselves on supporting continuous learning through internal workshops, training events, and free educational tools to foster community and encourage knowledge sharing.

Intuit has an organization called Tech Learning at Intuit that sponsors online courses and workshops where employees can uplevel their current skills or even learn entirely new skills that will further their careers. Employees also have a lot of freedom to loop their educational interests into their day-to-day projects, putting their new skills into practice.?

Intuit provides a long list of online courses which are updated monthly. Intuit engineers have the opportunity to learn new skills from artificial intelligence, machine learning, data science, and much more.

2. Unilever

The idea of continuing learning is at the heart of Unilever's ethos. The core belief underpinning their approach is that people with purpose thrive. Unilever does its best to help its employees adapt to the impact of evolving technologies and ways of working.

They encourage their employees to develop an individual Future-Fit Plan. It starts by clarifying its purpose. Employees use their plans to guide their career path and identify and develop the skills needed to succeed. This may involve upskilling, training to move to a different role in Unilever (reskilling), or preparing for careers and opportunities beyond our business.

People can find personalized learning materials and engage with others on a similar learning track via Degreed, Unilever’s online learning hub, which was accessed over 4.2 million times in 2021.?

3. UBS

UBS believes the future of work will require an agile and connected workforce. We’re helping our employees prepare in several ways. They have introduced hybrid working practices across the organization. This paradigm shift is also why our training offering emphasizes future skills development and new ways of working with the ultimate goal of enabling employees to thrive in a virtual environment and remain lifelong learners.

They offer a self-service online talent management tool, the Career Navigator platform, where employees can explore career paths and search for jobs and subject matter experts. If there are potential competency gaps, the tool recommends necessary training. Last year, Career Navigator helped 47,600 employees search for short-term job opportunities, find internal experts, discover possible career paths or match to open roles.

Your business can benefit from e-Learning platforms

While you may not have the same resources as Intuit, Unilever, or UBS, you too can benefit from e-Learning platforms with genconnectU.

genconnectU creates on-demand video-based learning and online courses for companies to teach their employees the soft skills they need to stand out, flourish and advance in their careers. Be educated and inspired by some of the world's leading experts in what matters to you, and be rewarded with certificates that endorse your talents and skills.

With genconnectU, your team can learn online, anywhere, at any time. You can arm your business with the best knowledge and skills and ensure consistency of competence throughout the team. You will be able to confidently promote from within and give your trusted and dependable staff the necessary skills to move your company forward.

To learn more about the benefits of e-Learning, sign up for our newsletter. Click here to subscribe.