What are the benefits of online training?
In today's highly competitive business environment, every business needs to leverage all possible tools to its advantage. Online training helps deliver better training faster. Let's dig into the benefits online training offers your company.
ALL SKILL LEVELS WELCOME
A properly structured online training program allows you to train every person on your team based on the level that they are at. You can assign training by cohort, job description, role, or responsibility. New employees get onboarded, and tenured employees go through everboarding keeping their current skills at the level that meets your standards, with the ability to add additional training as needed on an ongoing basis for each individual.
EXPAND YOUR TRAINING OFFERING
Online training removes your reliance on the availability of a qualified instructor to deliver a real-time course, to a sufficient number of learners, in an accessible location in order to upgrade or add new skills to your team. Once a course is built and deployed, learners can access the course as assigned, wherever they are, without having to rely on the physical presence of an instructor, or as part of a cohort of fellow employees who need that same training. Gone are the days of waiting for the trainer to visit your region or having a sufficient number of people who needed to learn “X†in order to justify the training expense of bringing everyone together. Build a course, launch a course, and your learners can take a course.
MEASURABLE COST SAVINGS
Remember when a trainer used to cross the country, visit a string of cities, stay in hotels, run up room service bills, take cabs, print up binders of training materials, and rent classroom space? Or maybe your trainees all came to head office once or twice a year – more hotel and food bills, plus airfare – it all added up to make training a cost-center for your business. Online training provides you with the opportunity to make your learning and development division a profit center instead.
By having relatively fixed costs for training delivery, continually assessing retention and performance improvement among your team, and being able to measure the effectiveness of training by how it has an impact on your company KPIs over time – you will have the numbers to demonstrate the ROI generated by your training through improved sales, higher customer retention, lower employee turnover, and if health and safety are your thing – reduced workplace accidents (and lower insurance costs).