There is no denying that technology and online education have had a significant impact on the workforce. When companies offer online courses, it’s a great way to improve workers’ skills and keep them up to date with the latest trends in their field.
If you run a business, offering online courses is a great way to develop your employees. And when choosing a course, reviews can be helpful in understanding the quality of the course and its instructor.
There are many reviews of different platforms provided by EdWize, which can be a big help when you want to make sure you’re making a good investment. But why should you really invest in online courses for your employees?
In this blog post, we’ll look at three reasons why companies should offer online courses to their employees. We’ll discuss everything from online courses creating increased productivity to a more engaged workforce, so stay tuned!
Research has found that organizations that deliver high-impact learning initiatives improve their communication and teamwork by 55%. As a result, there are fewer conflicts, better output quality, and fewer errors.
Unlike traditional learning, online courses are tailored to specific organizational situations to provide learners with specialist knowledge rather than just teaching general information. For example, when learning a new language, it is not enough to teach this language to employees. There are also custom plans to overcome language barriers that threaten 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 customers and co-workers. With the right platform, e-learning for business can solve many problems, including operational issues, and incrementally improve employee performance and productivity.
Better retention rates
It is important that employees feel confident, appreciated and well-trained, as this ensures a greater likelihood that these employees will stay with their company. In fact, according to research by Emerald Works, e-learning increases an organization’s overall employee retention rate by 24%. This is likely because corporate e-learning allows employees to continue progressing towards their career goals simultaneously.
When you value and cultivate the potential of your employees through effective training, leaders can improve their chances of retaining top talent. More than that, continuous online learning opportunities demonstrate that an organization values its people. This makes employees feel valued and encourages them to stay with the company longer.
A more engaged workforce
Employee engagement is very important, and employers need to understand that employees are looking for more than monetary incentives, career opportunities, and personal growth. Disengaged employees are a threat to any business, and in the business world there is $370 billion in annual productivity loss in the United States due to disengaged employees.
The National Research Business Institute found that 23% of employees leave the workplace for lack of development and training opportunities. As a result, companies are beginning to realize that employee engagement, productivity, performance, and profitability are all linked.
E-learning offers coaching, sets up dialogue and helps build a strong relationship between workers. E-learning is also an affordable tool to engage employees in continuous development. Employers should offer engaging, relevant and interactive learning courses so employees can stay engaged.
The fear of failing in front of others is eliminated as employees learn in the privacy of their office, home or coffee shop. Nor is online learning limited to time or space; employees can access documents anywhere and anytime.
Transforming employees into a highly engaged workforce is neither easy nor quick. However, it is essential to improving your business in many areas, including performance, customer service, and productivity. According to Forbes, companies with engaged workforces have a 6% higher net profit margin, and engaged companies also have five times higher five-year shareholder returns.
Offering online courses is a great way for companies to improve the overall skills of their employees and keep them up to date with the latest trends in their fields. Adding online training programs to your business is one way that can benefit you and your customers and is a great way to improve customer experience and provide better customer satisfaction.