Is Corporate eLearning Worth The Investment?
Companies of all sizes are now beginning to see the advantages of moving their corporate training online.
Corporations now report that eLearning is the second most valuable training method that they use. This is no surprise, given that eLearning saves businesses at least 50% when they replace traditional instructor-based training with e-Learning. Not to mention that eLearning cuts down instruction time by up to 60%.
Reduced training costs
One of the most significant advantages of online corporate training is that it actually reduces training costs. There will no longer be a need for printed training materials or even on-site facilitators, given that all of the information an employee will need can be found within the online training platform.
Rapid deployment of content
Online training can be delivered quickly and conveniently, so that employees are able to acquire new information or skill sets almost immediately.
Offers employees the opportunity to access information when they need it most
Online training also gives employees the chance to access important information or reference materials whenever and wherever they need it.
Gives employees the opportunity to learn at their own pace
Employees who have access to asynchronous online training gain the ability to go at their own pace. They don’t have to rush through the content that is being presented in a corporate classroom setting or move at the pace of their co-workers. They are given the opportunity to acquire and fully absorb what is being taught before they move on within the online training course.
Eliminates the need for on-site instructors
Undoubtedly, one of the most notable benefits of online corporate training is that there is no longer a need for an on-site instructor. That means that you will no longer have to pay for travel and/or accommodations for the instructor(s) neither you will have to allocate valuable working hours for corporate class instruction.
Boosts employee productivity
If you’re wondering whether your online corporate training investment is worthwhile, then just consider how much it can boost your employee productivity.
Reduced employee turnover rates
Happy and well-informed employees are employees who are more likely to remain loyal to your organization. By giving them access to round-the-clock online training and self-paced learning modules, they can further their professional goals and feel motivated to improve their on-the-job performance.
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