As e-learning becomes the training norm in organisations worldwide, the benefits and effectiveness become more apparent and easy to gauge. Corporate e-learning programmes have many advantages, including cost savings, flexibility, and the ability to reach employees in remote locations.
One of the most significant benefits of online training is its cost-effectiveness. According to a study by IBM, companies can save between 50 to 70 percent on training costs by using e-learning programmes instead of traditional in-person training. This cost-effectiveness is especially important for businesses that do not have large training budgets.
The flexibility of online learning becomes more and more important. Employees can access e-learning modules from anywhere and at any time, which means that they can fit training into their hybrid working lives. This flexibility is particularly valuable for companies with employees who work remotely or have irregular schedules.
Deliver it right
The effectiveness of a company’s e-learning programme depends on how well it is designed and delivered. A poorly designed e-learning programme can be ineffective and result in low engagement and poor learning outcomes. According to a report by the eLearning Guild, the effectiveness of e-learning programmes depends on the instructional design, the technology used, and the quality of the content. That is why L&D departments should work with experienced providers such as FUEL who can handle every aspect of your programme, including consultation, creation, implementation, and learner support.
The effectiveness and application of e-learning are not limited to specific industries. FUEL has had great success implementing programmes across the franchise, retail, petroleum, and automotive industries. Even McDonalds, the fast-food chain, implemented an e-learning programme to train new employees on food safety and hygiene. The programme, called Pathways to McDonalds, resulted in a 10 percent increase in sales and a 20 percent reduction in employee turnover in the first year of implementation.
Corporate e-learning programmes offer many benefits but their effectiveness greatly depends on the design and delivery – and how closely the training is tied to a company’s objectives. E-learning platforms continue to evolve, as does digital training content, becoming more effective and engaging.