Why e-Learning Is So Effective?
E-learning is a hot topic, and there’s a very good reason for that! If done right, it produces fantastic results, whilst decreasing costs and improving performance.
It’s been praised for its flexibility and cost-efficiency, ability to deliver in a more efficient way and is known to be the preferred method of learning for most people. Learning and development are crucial in all aspects, but the most important factor is that simply, as employees learn and grow, they become more satisfied with their jobs and therefore are more engaged with work and they want to push harder and contribute to the organisation’s success.
But why is e-learning essential, and why should your organisation be embracing e-learning? Here are just 3 reasons;
1. Increase Speed & Decrease Spend
According to Brandon Hall Group’s HCM Outlook 2017 Survey, e-learning can significantly reduce employee training time. Typically, it requires 40-60% less employee time than learning in a traditional classroom setting. It also enables much faster delivery because employees can access e-learning material anytime they want, and anywhere they are, setting their own pace and training whenever they have spare time. This leads to employees feeling more attached to, and engaged with, their own progression within learning.
Cost reduction is often the main reason why companies switch from traditional classroom-based training to e-learning. In-house training is usually a much more expensive option, mostly due to the requirement for a professional trainer. E-learning, on the other hand, requires only online training software that is not just cost-effective, but also enables employees to train at home. In turn this means less travel time and venue requirements.
2. Maximise Retention
According to Brandon Hall (2001 and Rosenberg 2001), e-learning can increase knowledge retention rate by 25-60%, simply because it is much more engaging than learning in a traditional classroom setting.
The simple fact is that e-learning provides those participating with a variety of interactive content and media, which is known to be easier to not only engage with, but retain.
3. Increasing Productivity
Self-paced online learning is proven to lead to an increase in productivity as employees can train at home, in their own time and at their own pace, whilst also focusing on their core tasks while at work. Learning in their free time, in an environment other than work space, is known to lead to better performance and higher efficiency, whilst also allowing users to revisit elements on an as-and-when basis.
According to IBM statistics, e-learning can increase productivity by 50%. The use of online learning software allows you, as an organisation, to provide your employees with an opportunity to engage in their training courses at any convenient time.
Why Has e-learning Become A Must-Have?
These 3 elements merely scratch the surface in terms of the benefits of e-learning. It’s an absolute must in today’s world, not only because it provides learners with an exceptionally rich learning experience, but also because it’s a time and cost effective option for organisations and provides a positive Return on Investment (ROI).
‘Xenonex launched the Academy as a result of our clients requesting interactive and engaging professional development, in a way that allows individuals to learn at their own pace. Our accompanying workbooks showcase the learning applied to the organisation and, in addition, provides an opportunity to gain accreditation through ILM. The response from clients has been extremely positive and we have plans to continue developing the Academy further.’
Suzanna, Xenonex MD, knows the value of e-learning, which is exactly why the Xenonex Academy was launched. In addition to the online academy, bespoke e-learning options are available from Xenonex, if you’d like to know more please contact Katy.firstname.lastname@example.org or 0113 322 9234, (PA to Suzanna Prout, MD).