Online training is the new way to share skills and update staff efficiently. In the past, training required designating an employee and removing them from their daily tasks to train a new employee. Mass hires were another headache altogether, requiring day or week-long workshops.
Now, thanks to technology, businesses are using software to improve their staff retention levels and hire new starters at higher volumes. Rather than staggering new employees one by one, tech-based training offers a way to onboard whole divisions simultaneously. With so many potential applications, online training can transform a business.
What Is Online Training?
Online training includes online learning, e-learning, or distance learning. It enables organisations to share knowledge, safety and compliance awareness and teach their workforce new skills via technological platforms. E-learning is, in most cases, used on a computer or app-based platform.
Employees can learn through various types of video content, interactive games and quizzes, discussion forums, courses and facilitated video chat features. All of these media allow instant feedback. For instance, hospitality training software can improve staff’s ability to manage and resolve conflicts between staff and customers in the restaurant and hotel industry. We see then how employers can use digital learning for far more than knowledge retention with the hotel and restaurant LMS.
Saving You Money
Using digital software for onboarding can save businesses a great deal of money. Studies show adequate and relevant training establishes stability in the early years for a workforce, making employees more likely to remain with their employer. By the same logic, a proportionate number of those receiving inadequate onboarding are more likely to leave their job.
The reason retention saves businesses money is shown clearly through the cost of losing an employee. The costs of turnover are high. The loss of an employee can range from 25% to 200% of the employee’s salary at the time.
Retention isn’t the only way software can save company money. Online training eliminates the need to travel, allowing businesses to cut costs on travel reimbursement.
Flexible Scheduling
Online platforms enable flexibility. The platform can service specific people’s schedules so that employees can structure their day around their priorities and even pause training accordingly.
Plus, face-to-face teaching must service the least skilled person in the room, whereas online platforms efficiently balance multiple calendars.
Accommodating Diverse Learning Styles
Online training can boost the productivity of a team. Everyone learns slightly differently, so rather than having a one-suits-all approach, online training accommodates employees and their specific learning styles, which can also boost productivity.
Furthermore, employers are more likely to get excited about their training. Face-to-face environments can be anxiety-inducing for some people, so removing this aspect also removes the fear. Employees could be more inclined to ask questions, participate in discussions and push themselves without the intimidation of a peer environment.
Conclusion
Online training can serve a business in many ways, saving you money, enabling flexible scheduling, and welcoming workers with diverse learning styles. The benefits are varied and plentiful, and they can transform your business.
