The truth is that nowadays, talking about the need to train employees is something that most companies have internalized. Workers with up-to-date knowledge will help make the company even more competitive.
However, there are also companies that have not yet launched to incorporate e-learning training into the training process of their employees.
Benefits of e-learning for companies
The main benefits of online training or e-learning for workers are quite clear:
- It allows them to adapt their learning pace.
- It makes it possible for the student to be trained from any place.
- It has no geographical limitation, since an Internet connection will simply be required.
But what are the benefits of e-learning for companies? When we speak from the perspective of companies, the main advantages that e-learning brings are
E-learning improves employee productivity and performance
If we have a good internal training plan, we will be able to improve both the knowledge of our employees, as well as their affinity and motivation, achieving an improvement in their level of productivity and performance.
When interactive and multimedia content is used in online courses, we manage to increase the interest and commitment of the students with respect to the course they are taking. In this way, we manage to enhance the memory of those new knowledge acquired, making the employees able to apply them to their own work place.
If we compare e-learning with face-to-face training, we will see that e-learning provides higher learning rates of the contents.
“The retention rate in e-learning is up to 60%, while training retention rates range from 8-10% on average” – The Research Institute of America.
In short, being able to access training at the time they need it makes users more likely to use it in their day-to-day work.
E-learning helps retain internal talent
One of the things you should know is that a large percentage of workers leave or change jobs because they feel they have no opportunity to further develop and/or train within the company. In other words, in the case of promoting online training within your company, you would be managing to increase the satisfaction of your employees, retaining their talent.
It is possible that until now, you have not stopped to think about the value of employee satisfaction and that increasing employee satisfaction has a direct relationship with the commitment, performance and even the competitiveness of organizations.
Different studies such as the one carried out by Molly Fletcher Company defend that companies that opt for e-learning training, manage to increase the satisfaction of their employees up to +18%.
These studies are particularly important if we associate them directly with the economic results achieved by companies.
E-learning is more economical than conventional training
Although many people still believe that implementing an e-learning solution in their company is more expensive than providing face-to-face training, this could not be further from the truth. When you bet on continuous training for your employees, e-learning allows you to save costs exponentially:
- You won’t have to pay for transport, accommodation and allowances for speakers and teachers, as well as for attendees.
- We will be able to save on the cost of renting rooms and training equipment.
- We will be responsible with the environment, avoiding having to print and distribute training material on paper.
- By automating different processes, we will be able to reduce the costs and time used for their creation
- Offering online training, allows to make it accessible to a greater number of users at the same time reducing costs.
In short, when we talk about reducing the cost of e-learning compared to conventional training, we could be talking about a saving of between 50-70%. This is what makes many companies decide to opt for online training.
Betting on e-learning training only brings advantages
The knowledge that the professionals who are part of a company have, is directly proportional to the income that is obtained. In an IBM study they argued that every dollar invested in training has a $30 return on productivity.
However, apart from increasing worker productivity, promoting e-learning in the company also means moving from traditional training to online training.
Today, e-learning is a great competitive advantage for all companies that decide to give it a chance, keeping the knowledge of their professionals at the same level of the market.