1.Upskilling Is Right At Your Team’s Fingertips.
If being able to train your team anywhere, anytime is essential to you, then corporate online training might be the solution you’ve been looking for. Gone are the days where we depend on traditional attitudes to learning to determine when and where we study. Now, persons can access information, however, whenever and wherever they like.
This level of accessibility in corporate training is invaluable because it gives your employees the ability to learn at their own pace and customise their learning schedule. A study published in the Journal of Applied Psychology found that microlearning or receiving content in small parts or as part of a series makes learning 17% more effective. Additionally, online learning typically requires 40% to 60% less employee time than learning the same material in a traditional classroom setting (Brandon-Hall).
With Digita University, your team has full control of their learning experience, empowering each individual to maximise their level of outputs and their success.
2. E-Learning Improves Overall Employee Engagement
An engaged workforce is powerful and will always contribute more effectively to your key organisational goals. Online corporate training provides employees with the requisite skills to improve their efficiency, and give them the confidence and charisma to become the best version of themselves.
With e-Learning, there is no coasting through sessions. Employees track their knowledge adoption with quizzes and graded assignments. These regular assessments keep them motivated and give them to an opportunity to make adjustments where necessary. Not only that, but employees are also able to retain more information, as eLearning increases retention rates by 25% to 60% while retention rates of face-to-face training are relatively low in comparison: 8% to 10% (The Research Institute of America).
What does this mean for your company? Simply put, incorporating online training within your companies will provide your employees with valuable skills which will, in turn, increase engagement time at work. These newly gained skills are paramount in reducing labour turnover and increasing productivity.
3. Get The Best Return On Investment (ROI)
Online corporate training contributes to a higher financial bottom line as companies can get the best ROI through implementing these solutions.
Several studies show the positive effects of implementing a Learning Management System (LMS) for corporate training. Companies such as IBM have saved approximately $200 million after switching to e-Learning. The initial investment in e-Learning brings substantial savings for organisations, as it reduces the rate of employee turnover in the long run.
Additionally, online corporate training has been proven to increase revenue. According to the Huffington Post, companies that invest in online employee training enjoy a 24% higher profit margin versus companies who do not. With this in mind, employers must look towards their long term strategic goals rather than short term financial ones.
4. Transform Your Team Into High Performers
An employee who receives training relevant to his/her line of work will likely perform more efficiently and effectively in their given role. According to a study carried out by IBM, every dollar invested in online training results in USD$30 in productivity as employees can resume their work faster and apply their skills immediately. With this in mind, your team will be able to perform more quickly, smarter and more efficiently, which will reflect positively on your company.
5. Metrics are trackable to inform company decisions
Data-driven companies will love this feature of corporate training online. Trackable metrics are updated as employees progress in the training. Training Managers gain access to results from quizzes and graded assignments and can leverage the results to make critical staffing decisions.
This is not only a great way to see how your employees are doing but assessing if your training is impactful. If 90% of your employees seem to be scoring below a specific grade on a particular topic, it may be an excellent time to evaluate if the information is being presented clearly.
Corporate online training is a powerful tool for Digital Transformation and industry-specific upskilling. If you want to reap any of the benefits covered above, let’s talk about how Digita University can help you meet them.
If you have other targets for your team and you’re not sure if Digita University can help, let’s have a quick chat.
Solutions are what Digital Transformation is all about. Give your team this impressive advantage and head start.