Wednesday, June 19, 2013

The Corporate Revolution Of E-Learning

By Patrick Richards


Studying on-line has become a major trend in the realm of corporate training of employees. For almost all companies, the advantages of e-learning in saving time and therefore money is revolutionizing the entire field of employer based education and learning.

Recent Statistics

Just consider the most recent figures provided by CertifyMe.net on the state of e-learning in corporate training:

- 77% of American Organizations use e-learning as a training technique

- Businesses save 50% to 70% when shifting to an e-learning program from instructor based education

- E-learning courses are typically 25% to 60% shorter in duration than conventional methods of training

- 72% of businesses interviewed point out that e-learning is providing them with the competitive advantage by continuing to keep them on top of changes in their own field

This shows that organizations save time and funds when switching at least some of their company's training to e-learning.

Effects on Workload

Employees claim that when attending classroom training on-site or off site, there is a backlog of work that builds up. Employees realize that time is money and business suffers any time work is put on hold for employees to attend training programs and conferences. Productivity remains the same or even increases when e-learning is in place since personnel can save time by accessing e-learning during down-time in the workplace or at home. Problems of productivity and workload are to a large extent eliminated whenever e-learning is in place and this is yet another cost saving feature of e-learning.

Learning Retention

With e-learning, students better comprehend and grasp the information because if they have a problem learning a notion they are able to always revisit and review. With learning in a class room there is not normally the time to go back and review. This correlates with the CertifyMe.net stats that report that employees not only learn but improve material retention by 25% to 60% with e-learning. Given that employees are not constrained by time, they can go through the whole course load devoid of that pressure. They can also without difficulty by pass subjects that they already know saving more time by eliminating repetitive study.

Job Satisfaction

Companies that invest more into training and development of their workforce, show a substantially improved job satisfaction. 23% of employees leave companies since they do not feel they are receiving the training and development they need to better carry out their jobs. Consequently, it is vital for companies to provide this training however they need to do it in the most cost effective way possible and right now, that is with e-learning. A good example of where an employee might become frustrated is in the training of new computer programs and with the computer based business model, this training becomes critical. Organisations have to keep employees up to date, since they surely cannot hire new employees each and every time there is a change in the IT side of the business. The best way to satisfy this software training is e-learning.

How You Can Employ e-Learning

There are lots of ways for businesses to incorporate e-learning into their business model. One example is for a company to collaborate with a company which offers e-learning and associated services. This business and the e-learning company can develop a core curriculum of programs that the corporation believes their employees need to learn. The course load may include any computer training for software, basic accounting, business fundamentals, lessons on providing better customer support, and various other training that might be market specific. This is set up for workers to access courses they think they need in addition to courses their department managers want everyone to take. Each employee has six-months to a year to complete this training and it is all documented on their annual evaluation. There are numerous Fortune 500 companies together with smaller sized businesses which have incorporated the use of e-learning and it is saving them time and money in enough areas to fully pay for it.




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