Companies worldwide have felt the effects of the ‘Great Resignation’ and been trying to find ways to stop the bleed. Lockdown-related realisations about the priority of family, remote working, commuting and personal fulfilment have changed the way many think about work.
Modern technology, allowing mass working from home, made lockdowns possible and changed the way we looked at our jobs. Being based at home, the balance between work and life suddenly improved. Lockdowns also gave people time to really look at their work situations. In the US alone, once lockdowns eased and employees were expected to return to offices, four million resignations occurred the following month.
Of course most people did not resign from their jobs, for obvious reasons, but it is accepted that a widespread intent to resign emerged. This created opportunities for employers to not only secure their people, but also attract skilled people from other companies.
Higher pay results in less employee attrition, so by using your e-learning academy to upskill existing staff, those motivated people are able to qualify for better salaries. Skills development is vital to keeping good people, and can be done quickly and efficiently through online training. Employees that achieve higher skills and earn more responsibility in their jobs are much more likely to remain. Online learning pathways can be tailored to individual employee needs to keep them engaged and moving forward.
Role of HR
Better communication and close monitoring of staff needs are important if human resource teams are going to retain their people. E-learning platforms can make communication with staff easier and provide detailed reporting on employee training results and activity. This way, issues can be addressed quickly, and praise can be given when earned.
Online training which has been identified as necessary for specific employees or to fill skills shortages in specific areas, can be easily assigned through the LMS.
If your LMS offers supports peer-to-peer functionality, such as community forums and gamification, employees are able to interact and support each other remotely. This strengthens your corporate culture and community, in turn improving retention rates. Knowledge sharing helps staff improve their skills and train each other in a cost-effective way. It is also very effective and a great way of engaging remote employees.
Through better connection with colleagues, employees gain a broader perspective on potential career paths and can visualise opportunities for their own careers.
Keep your people inspired, engaged and feeling part of a team through a well-managed online training and community platform.