Thursday, 27 June 2013

Exactly Why Online Training Is Revolutionizing Corporate Learning

By Ray Watkins


Studying on-line is a important trend in the world of corporate education of employees. For the majority of organizations, the advantages of e-learning in saving time and therefore money is revolutionizing the whole field of employer based training.

Newly Released Stats

Just look at the latest data published by CertifyMe.net on the state of e-learning in corporate training:

- 77% of American Enterprises use e-learning as a instruction technique

- Enterprises save 50% to 70% when shifting to an e-learning program from instructor based education

- E-learning is usually 25% to 60% shorter in length than conventional methods of training

- 72% of organizations questioned state that e-learning is providing them with the competitive edge by keeping them on top of changes in their industry

This clearly shows that businesses save time and money when switching at least some of their company's training to e-learning.

Effects on Workload

Employees state that when going to classroom training on-site or off-site, there is a backlog of work that builds up. Employees realize that time is money and business suffers anytime work is put on hold for employees to attend training programs and conferences. Productivity continues to be the same or even increases as soon as e-learning is in place because personnel will save time by accessing e-learning during down-time in the workplace or at home. Challenges of productivity and workload are to a large extent removed when e-learning is in place and this is another cost saving feature of e-learning.

Learning Retention

With e-learning, people far better understand and grasp the information because if they have a problem learning a notion they are able to always revisit and review. With training in a class room there isn't usually the time to go back and review. This fits with the CertifyMe.net stats that show that employees not merely learn but improve material retention by 25% to 60% with e-learning. Since employees are not constrained by time, they are able to go through the entire curriculum devoid of that pressure. They can also without difficulty skip subjects that they may already know saving more time by reducing repetitive study.

Job Satisfaction

Businesses that invest more into training and development of their workforce, show a significantly improved job satisfaction. 23% of employees leave companies since they don't believe they're getting the training and development they ought to better perform their jobs. For that reason, it is vital for businesses to provide this training but they need to do it in the most cost efficient way possible and currently, that is with e-learning. An example of where an employee might become annoyed is in the training of new software and with the computer based business model, this training becomes very important. Organisations ought to keep employees up-to-date, since they definitely cannot hire new employees every time there is a change in the IT side of the business. The ideal way to satisfy this software training is e-learning.

How You Can Incorporate e-Learning

There are a lot of strategies for businesses to incorporate e-learning into their business model. One example is for a business to collaborate with a company that delivers e-learning and associated services. This organization and the e-learning company can develop a core curriculum of programs that the business feels their employees need to learn. The curriculum may include any computer training for applications, basic accounting, business fundamentals, lessons on providing better customer support, and also other training that might be industry specific. This is set up for employees to access courses they think they require as well as courses their department managers want everybody to take. Every employee has six-months to a year to finish this training and it is all documented on their own annual review. There are a lot of Fortune 500 companies as well as smaller businesses which have incorporated the use of e-learning and it is saving them time and money in enough areas to fully pay for it.




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