There’s no denying that technology and online education have significantly impacted the workforce. When businesses offer online courses, it is a great way to improve the skills of workers as well as keep them up to date on the latest trends in their field.
If you run a business, offering online courses is a great way to upskill your employees. And when choosing a course, reviews can be helpful in understanding the quality of the course and its instructor.
There are numerous reviews of different platforms provided by EdWize, which can be of great help when you want to ensure you’re making a good investment. But why should you actually invest in online courses for your employees?
In this blog post, we will look at three reasons businesses should offer online courses to their employees. We’ll discuss everything from online courses creating increased productivity to a more engaged workforce, so stick around!
Increased Productivity
Research has revealed that organisations that offer high-impact learning initiatives improve their communication and teamwork by 55%. As a result, there is less conflict, better output quality and fewer errors.
Unlike traditional learning, online courses are tailored to specific organisational situations to provide learners with specialised knowledge rather than just teaching general information. An example of this would be when learning a new language, there is more than just teaching that language to employees. There are also personalised plans to overcome language barriers threatening employee engagement and productivity in their specific roles.
When your employees gain a deeper understanding of certain things through e-learning, they become more confident when interacting with clients and their colleagues. With the right platform, e-learning for companies can solve many problems, including operational problems and gradually improve employee performance and productivity.
Better Retention Rates
It’s important that employees feel confident, appreciated, and well-trained because this guarantees a higher likelihood that these employees will stay at their company. In fact, according to research done by Emerald Works, e-learning increases an organisational overall employee retention rate by a whopping 24%. This is likely because corporate e-learning allows employees to continue progressing towards their career goals simultaneously.
When you value and cultivate your employee’s potential through effective training, leaders can improve their chances of retaining top talent. More than this, continuous e-learning opportunities demonstrate that an organisation places value in their workforce. This makes employees feel valued and encourage them to be committed to the company for much longer.
More Engaged Workforce
Employee engagement is very important, and employers need to understand that employees are looking for more than just monetary incentives and career opportunities and personal growth. Disengaged employees are a threat to any company, and in the business world, there is $370 billion in annual productivity lost in the US due to disengaged employees.
The National Research Business Institute found that 23% of employees leave their workplaces for lack of development opportunities and training. As a result, companies are beginning to realise that employee engagement, productivity, performance and profitability are all linked.
E-learning offers coaching, implements dialogue and helps to build a strong relationship between workers. E-learning is also an affordable tool to engage employees in ongoing development. Employers should offer learning courses that are interesting, relevant and interactive so that employees can stay engaged.
The fear of failing in front of others is eliminated as employees learn in the privacy of their own office, home or a coffee shop. Online learning is also not limited to time or space; employees can access materials anywhere and anytime.
Transforming employees into a highly engaged workforce is not an easy or quick thing. However, doing so is critical for improving your business in many areas, including performance, customer service and productivity. According to Forbes, companies with an engaged workforce have a 6% higher net profit margin, and engaged companies also have five times higher shareholder returns over five years.
Offering online courses is an excellent way for businesses to improve their employees’ overall skills and keep them up to date on the latest trends in their fields. Adding online training programs into your business is a way that can benefit you and your customers and is a great way to enhance the customer experience and provide better customer satisfaction.
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