Although eLearning is a proven way to effectively train and develop employees, many businesses are weighing the pros and cons of investing in online learning.
This is especially true for small and medium sized businesses. For many business owners, eLearning appears to be something that is only viable for large companies.
In short, it will save you time and money!
Consider using eLearning tools for induction training; this crucial employee training can be completed before your new team members start work, which minimises training-related disruptions and potential injuries due to lack of knowledge. Cloud based LMS’s can be accessed from anywhere with internet access.
A good employee induction will pay for itself if it deflects just one HR or Safety complaint.
By delivering your employee training online, your team members have immediate access to the training when needed and you can provide consistency of information. You (or your other experienced employees) don’t need to down tools to deliver training.
Face to face delivery can mean renting training facilities or using valuable space at your business. There’s the expense and time needed to develop and maintain the training product, printing manuals, hiring training professionals and preparing the facilitators for the training delivery. Facilitation is usually delayed, which in the case of induction training, puts your organisation at risk of litigation if things go wrong. You could also be giving inconsistent information which hampers your business, rather than helping it.
When it comes to the management of employee training, businesses are reliant on supervisors managing the training records and hoping that the evidence collected will be enough to help if there are employee management requirements. By using a LMS, you can easily manage your training records and collect training completion and comprehension evidence.
Employee training promotes continuous improvement within your organisation. LMS’s enable businesses to collect information from top performers within the organisation and covert their knowledge to learning material that can be stored, shared and distributed to the rest of your employees.
Training budgets are easier to predict when using an LMS. You will usually know in advance what the setup and ongoing costs will be. Many LMS providers require payment via a subscription model, which allows you to budget your expenses easily. I recommend reading the small print carefully though; some providers have hidden costs such as excess user charges, set up costs, administration and support fees.
Another benefit of eLearning is knowledge retention. Online content should engage auditory, visual and kinaesthetic learners to improve knowledge retention and rewards will keep learners engaged.
I recommend cloud based LMS systems, so there is no requirement for software installations.