eLearning is all about teaching people with the help of technology. eLearning is great when all the people are not in the same place. eLearning for employees can help you bring the team together (virtually) and ensure that everyone is on the same page in terms of training.
Not only does it save learning costs, but there are more benefits of e-learning. Let’s have a look at each one of them.
Advantages of eLearning
- Saves Your Company Money
Money is one of the most important factors for every company. eLearning is very cost-effective when compared to in-person. You’re eliminating fees for training rooms, travel, catering, and materials. All you need is access to one of the eLearning software and an internet-connected device. Companies are saving thousands by switching to eLearning.
- Reduces Learning time for your employees
eLearning not only saves you money, but it also saves a lot of time for your employees. According to statistics, eLearning reduces your employee’s learning time by 60%. Here are four key areas where eLearning can help save time.
- Breaks and meals.
- Teaching to a group at the same time instead of an individual.
- Starting and wrapping up learning lessons.
- eLearning is Scalable
Unlike traditional learning sessions, eLearning content, once prepared, can reach to any employee at no extra cost. This means you can educate new employees faster, meet compliance regulations quickly, and increase productivity. In the case of traditional learning, you have a limit on how many employees can attend the training session. But with eLearning, you can add unlimited employees to the training session.
- Provides Accessibility for Global Employees
For an organization that has offices spread throughout the world, it is challenging to teach each employee. eLearning helps bring all of them together at the same time and teach them. It provides accessibility in the increasingly global and remote workforce. What’s more, is that it is available 24/7. Your employees can access the eLearning models from anywhere and at any time.
- eLearning is Flexible
It is essential to make sure that your training program fits the busy schedule of your employees. eLearning provides a much more convenient and flexible form of training that they need to absorb the content easily.
As mentioned above, your employees can access the learning materials at any time. What’s more, is that they can replay the content until they understand the concept completely. This helps professionals learn better and faster.
- Customized Learning Experience
eLearning can be tailored to cater to meet specific business needs. It can be shaped in a way that reflects your brand’s voice and personality. This helps in making the training experience more relevant to your employees. Not all employees can learn and retain information in the same way. But, with a customized learning experience, you can make sure that each employee can learn at their own pace.
- Better Knowledge Retention
As mentioned above, eLearning enables your employees to learn at their pace, which is not possible in traditional learning. They can learn when they want. They can learn in an environment that is more convincing to education.
The use of audio, video, and gamification significantly increases knowledge retention. Providing a fun and interactive learning environment via eLearning can increase the retention rate by 57%.
- Detailed Feedback and Reporting
Many employees are not comfortable in providing a detailed feedback in-person. However, in the case of eLearning, you can get better feedback and reporting. This will help you quickly identify the areas of improvement. It can also help you determine where your employees are struggling in terms of technical knowledge. This, in turn, will help you improve the overall learning experience.
eLearning has a lot of benefits over traditional learning. It helps you save money and increases the knowledge retention rate. It even reduces the time required to acquire knowledge. You can even customize the learning experience to suit your business goals.