The eLearning industry has grown dramatically over the last years. Each year more and more companies give their preference to the online employees training. Studying online becomes easier and cheaper.
Are you still hesitating to invest in eLearning? Here are 7 Reasons why you should invest in eLearning right Now!
eLearning is Huge
77% of the U.S. companies offer online training as a way to improve their employee’s professional development.
The corporate eLearning market is expected to grow 13% per year until 2019.
Benefits of the eLearning When Done Right
1. eLearning takes less time
Why? Online training requires 40-60% less time than the classroom one
2. eLearning costs less
26% of companies saw a decrease in cost after implementing eLearning:
$11 per learner vs $95 per learner
Businesses save a minimum of 50% when they transition from classroom training to eLearning
Why? With eLearning you don’t have to pay for:
3. Employees learn more
The participants of an eLearning course learn five times more without increasing the time spent in training.
Why? eLearning engagement strategies like edutrainment and gamification increase the learning intensity
4. Employees remember more, compare:
60% knowledge retention from eLearning and 8-10% from face-to-face learning
Why? eLearning reinforcement strategies help learners retain more knowledge:
5. Employees become better at their jobs
53% saw an increase in productivity and engagement
10% or more in improvements to key performance indicators (KPIs)
Why? Because successful eLearning strategies include:
6. Employees like their job more
16% of companies saw a decrease in turnover rate
Why? 7 out of 10 employees are less likely to quit if they like the job-related training
7. eLearning helps achieve company goals
Why? Because successful eLearning is aligned with company’s goals:
Business Goals – eLearning Objectives – Curriculum
Author: Kateryna Reshetilo Head of Marketing and Business Development at Greenice, web development agency. I explore business opportunities, develop and execute marketing strategies. I also write articles about ways businesses can leverage technology, including eLearning