The growth of a company relies heavily on the growth of its employees. Only when a company dedicates time and resources to the self-development of its employees can it truly evolve and prosper.
Through dedicated training, employees have the chance to broaden their expertise and attain certain new skills and qualifications, becoming more experienced, and consequently a greater asset to their company. Moreover, when training is tailor-made to a company’s goals, it can help support business processes more directly as employees become more closely aligned with a common mission.
What’s more, studies show how employees who feel they are developing and learning are more likely to have a sense of general satisfaction and well-being. It goes without saying that any organization would want a more content and fulfilled workforce. Equally, employees feel more engaged and motivated to work for an employer who takes the time and money to invest in them. One of the most common reasons individuals leave a company is due to the lack of opportunities for self-growth. Put simply, investment in training clearly correlates to increased employee engagement.
So, it’s hardly revelatory to state that dedicated training helps improve a company’s performance and productivity. However, employers are increasingly shifting towards a preference for e-learning over more traditional forms of training.
If you and your company haven’t yet jumped on this trend, then you should definitely take a look at four reasons why e-learning is paving the way.
1. Flexible and Convenient
One of the great advantages of e-learning over more traditional forms of learning is that it is on demand. You can learn wherever and whenever you want. Digitized learning on your device facilitates learning time at home, in the office, or on your commute.
Moreover, everyone has distinct learning habits, and with e-learning, you can choose to learn at your own pace, and at a time which best suits your needs. Depending on your preferences, you can tackle training in short stints or longer chunks. There really are no barriers to creating your optimal learning environment.
Additionally, this type of anytime-learning negates the need to gather people together at potentially inconvenient times, and completely avoids the problem of missed training sessions.
2. Cost Effective
As well as saving time, e-learning also saves heavily on money and resources. With online training, businesses avoid the costs of hiring trainers, meeting rooms, materials, travel, and food. Similarly, with information in digital format, you can save on printing costs, as well as on energy spent having to update training literature and materials.
With such obvious savings, e-training is clearly advantageous for companies through return on investment.
3. Improved Retention
Furthermore, e-learning meets the needs of the modern learner. In clear contrast to traditional training, it uses modernized methods and styles which help improve learner engagement and interaction. Through cleaner mobile and desktop experiences, learners are more likely to assimilate and retain information more effectively.
4. Online Accounts
A further advantage to the digitization of learning materials is that learners can access them at the click of a button. Long gone are the days of lost handouts and doodle-filled notepads. Everything is stored online, and permanently accessible. The majority of online learning platforms contain user profiles and accounts through which learners can easily view their progress and tap in and out of learning when they want.
On this note, it is not just learners themselves, but also their employers who can monitor their progress and performance through different types of account management, making the effectiveness of training far more quantifiable.
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Tim Foulds, Trainee
With an educational background in modern languages and cultures, Tim is a keen linguist and traveler. He works at Babbel as a trainee in the QRM & B2B team, helping to ensure that learners access quality learning.