How your business can benefit from e-learning

Written by Nadia Kruger | Oct 1, 2021 8:00:00 AM

Young children learn to use tablets or smartphones before they even properly learn to read. Managers can barely imagine their professional routine without online employee training platforms. What can help businesses foster the professional growth of employees? As a modern learning solution, e-learning helps in bridging this gap by delivering effective training with use of efficient learning solutions at a fraction of the cost that is incurred using traditional modes of training.

To help you decide if e-learning will benefit your business, let’s look at the advantages:

Speed of implementation

One of the advantages of e-learning courses is that they are easy to deploy since there are no limitations of time and place. It is up to the retailers to find the right training programs that are updated with the latest information on new products or policies, delivered in a consistent manner.

Cut down costs

The good thing about e-learning courses is that employees can follow their training at different locations simultaneously, and on diverse training topics, based on what is required. This helps to save costs compared to traditional learning, which incurs travel costs, and costs for location and classroom materials. It is a great benefit for global companies since all their employees can be trained on the same topics in any part of the world.

Track learner performance

One of the major advantages of e-learning is that it helps training managers track learners’ progress. Through a Learning Management System (LMS), it becomes easy to track geographically dispersed employees. This allows managers to find out how many employees have completed the course, how many are yet to take it, and how many are through it mid-way. Additionally, a LMS can also be used to send reminders and updates to employees. It helps managing courses easier, considering the large number of people to be trained.

Learn anytime, anywhere

Online employee training platforms successfully serve different styles of learning, meaning that different students may prefer working with different types of content. With the help of an online learning system, you can offer your employees to work with videos, audios, games, texts, interactive exercises, theoretical lectures, or any other type of content they enjoy working with. The assessment can also be conducted via multiple-choice questions or case studies.

Besides, some people are early birds, while others are night owls. With a digital learning system, your employees can choose the most suitable time for them to study. Also, you cannot expect everyone to have the same level of background knowledge. In the case of traditional classroom learning, either you would make some employees waste time listening to something they already know, or you would leave others without an understanding of basic things. An online learning platform solves this problem.

Cost-Efficiency

E-learning is much more cost-efficient than traditional classroom education. As a business owner, you do not have to pay salaries for teachers and trainers, to pay rent for a classroom, or to pay for catering and learning resources. You pay only to a team of developers working on your online training platform. Nobody said that software development is cheap. But it is definitely a worthy investment, which eventually covers all these expenses associated with the traditional classroom.

Businesses save at least 50% in expenses when replacing traditional education with e-learning. The amount of saved costs is projected to grow even further when considering that e-learning decreases instruction time by 60%.

As for individual learners, the situation is quite similar. When the first computers cost thousands of dollars and were available only to the richest and the smartest, an e-learning system would certainly not work. However, today, smartphones are so affordable, the cost of e-learning drops to the point where an entire course can be cheaper than a single paper book.

Improved Performance

Online employee training platforms successfully serve different styles of learning, meaning that different students may prefer working with different types of content. With the help of an online learning system, you can offer your employees to work with videos, audios, games, texts, interactive exercises, theoretical lectures, or any other type of content they enjoy working with. The assessment can also be conducted via multiple-choice questions or case studies.

Besides, some people are early birds, while others are night owls. With a digital learning system, your employees can choose the most suitable time for them to study. Also, you cannot expect everyone to have the same level of background knowledge. In the case of traditional classroom learning, either you would make some employees waste time listening to something they already know or you would leave others without an understanding of basic things. An online learning platform solves this problem.

Sustainability

The last in the list of advantages of e-learning is sustainability. E-learning platforms are zero waste. You do not need to print out endless piles of paper handouts, so using an online employee training system helps you save the environment. Moreover, since the users of your platform do not have to commute to the place they study, they do not release extra carbon dioxide into the atmosphere.

Surely, the production of electricity that you use to power the system does not go unnoticed for the ecology. However, this footprint is much smaller than in the case of traditional education. According to the statistics, e-learning is 90% more efficient than traditional courses in terms of energy consumption and  85% more efficient in terms of carbon dioxide emission.

As a business owner, you do not have to spend time looking for trainers, resources, or venues. Once you realise the need to educate employees on a certain subject, you develop a course and implement it into the system.

E-learning is a cost-efficient, time-efficient, effective, convenient, and sustainable business solution. Does any of these sound like a viable reason for you to utilise e-learning? Do you feel like changing your approach to training employees? If you do, let us know, and we will gladly assist you with this task.