Exactly Why Online Training Is Revolutionizing Corporate Education
By David Turner
Learning on-line has developed into a important trend in the world of corporate education of employees. For a lot of businesses, the benefits of e-learning in saving time and thus money is revolutionizing the entire field of employer based training.
Newly Released Stats
Just look at the most recent research provided by CertifyMe.net on the state of e-learning in corporate education:
- 77% of American Organizations use e-learning as a education method
- Organizations save 50% to 70% when changing to an e-learning program from instructor based education
- E-learning is typically 25% to 60% shorter in duration than conventional methods of training
- 72% of organizations questioned claim that e-learning is providing them with the competitive advantage by keeping them on top of changes in their particular market
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 class room training on-site or off-site, there is a backlog of work which develops. Employees realize that time is money and business suffers whenever work is put on hold for employees to attend training programs and seminars. Productivity continues to be the same or even improves as soon as e-learning is in place because personnel can save time by accessing e-learning during down time in the workplace or at home. Problems of productivity and workload are to a large extent removed when e-learning is in place and this is yet another cost saving feature of e-learning.
Learning Retention
With e-learning, students better understand and grasp the material because if they have a problem mastering a concept they can always go back and review. With learning in a class room there isn't generally the time to go back and review. This correlates with the CertifyMe.net stats that illustrate that employees not only learn but improve material retention by 25% to 60% with e-learning. Given that employees are not restricted by time, they can go thru the whole course load without having that pressure. They can furthermore without difficulty pass up subjects that they may already know saving more time through the elimination of repetitive study.
Job Satisfaction
Companies that invest more into training and development of their workforce, demonstrate a significantly improved job satisfaction. 23% of employees leave organizations since they do not feel they're getting the training and development they ought to better execute their jobs. For that reason, it is crucial for companies to provide this training but they must do it in the most cost effective way possible and right now, that is with e-learning. A good example of where an employee might become annoyed is in the training of new software programs and with the computer based business model, this training becomes essential. Employers ought to keep employees up-to-date, since they definitely cannot hire new employees each time there is a change in the IT side of the company. The ideal way to keep up with this software training is e-learning.
How To Incorporate e-Learning
There are lots of strategies for companies to incorporate e-learning into their business model. One example is for a corporation to team up with a company that delivers e-learning and associated services. This company and the e-learning company can develop a core curriculum of programs that the corporation believes their employees need to learn. The curriculum may include any computer training for programs, basic accounting, business fundamentals, classes on providing better customer service, along with other training that could be sector specific. This is put in place for employees to access courses they feel they require along with courses their department managers want everyone to take. Each employee has six-months to a year to complete this training and it is all documented on their own yearly evaluation. There are many Fortune 500 companies along with smaller sized businesses that have incorporated the use of e-learning and it is saving them time and money in enough areas to completely pay for it.
Newly Released Stats
Just look at the most recent research provided by CertifyMe.net on the state of e-learning in corporate education:
- 77% of American Organizations use e-learning as a education method
- Organizations save 50% to 70% when changing to an e-learning program from instructor based education
- E-learning is typically 25% to 60% shorter in duration than conventional methods of training
- 72% of organizations questioned claim that e-learning is providing them with the competitive advantage by keeping them on top of changes in their particular market
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 class room training on-site or off-site, there is a backlog of work which develops. Employees realize that time is money and business suffers whenever work is put on hold for employees to attend training programs and seminars. Productivity continues to be the same or even improves as soon as e-learning is in place because personnel can save time by accessing e-learning during down time in the workplace or at home. Problems of productivity and workload are to a large extent removed when e-learning is in place and this is yet another cost saving feature of e-learning.
Learning Retention
With e-learning, students better understand and grasp the material because if they have a problem mastering a concept they can always go back and review. With learning in a class room there isn't generally the time to go back and review. This correlates with the CertifyMe.net stats that illustrate that employees not only learn but improve material retention by 25% to 60% with e-learning. Given that employees are not restricted by time, they can go thru the whole course load without having that pressure. They can furthermore without difficulty pass up subjects that they may already know saving more time through the elimination of repetitive study.
Job Satisfaction
Companies that invest more into training and development of their workforce, demonstrate a significantly improved job satisfaction. 23% of employees leave organizations since they do not feel they're getting the training and development they ought to better execute their jobs. For that reason, it is crucial for companies to provide this training but they must do it in the most cost effective way possible and right now, that is with e-learning. A good example of where an employee might become annoyed is in the training of new software programs and with the computer based business model, this training becomes essential. Employers ought to keep employees up-to-date, since they definitely cannot hire new employees each time there is a change in the IT side of the company. The ideal way to keep up with this software training is e-learning.
How To Incorporate e-Learning
There are lots of strategies for companies to incorporate e-learning into their business model. One example is for a corporation to team up with a company that delivers e-learning and associated services. This company and the e-learning company can develop a core curriculum of programs that the corporation believes their employees need to learn. The curriculum may include any computer training for programs, basic accounting, business fundamentals, classes on providing better customer service, along with other training that could be sector specific. This is put in place for employees to access courses they feel they require along with courses their department managers want everyone to take. Each employee has six-months to a year to complete this training and it is all documented on their own yearly evaluation. There are many Fortune 500 companies along with smaller sized businesses that have incorporated the use of e-learning and it is saving them time and money in enough areas to completely pay for it.
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