The advantages of e-learning in workplace are numerous, but the most important two are higher productivity and decreased absenteeism.
In the digital age, many businesses are turning to e-learning to boost corporate productivity and efficiency. With our ever-changing environment, it is critical that employees have access to current knowledge in order to be successful performing their job tasks while also being able to learn new skills.
In this blog post, we will look at the benefits of e-learning in the workplace. As you may be aware, e-learning is an excellent approach to boost your company's productivity and efficiency. Continue reading to learn more about how an e-learning program might benefit your business.
What are the Features and Types of E-learning?
E-learning has grown in popularity because of its time flexibility, lower costs, and customized experiences. Today, some of the most significant features of e-learning are:
Optimized Learning Platforms
Easy Payment Methods
Online Communities and Social Engagement
Numerous types of e-learning have been recognized by educational specialists based on various characteristics such as learning tools, metrics, synchronization, and learning resources. [Related article: E-learning Websites: Types and Tips for Development.]
There are the following types of e-learning:
Collaborative Online Learning
Synchronous Online Learning
Computer Managed Learning
Computer Assisted Instruction
Interactive Online Learning
Individual Online Learning
How Does E-learning Improve Productivity in the Workplace?
E-learning and online training programs can increase productivity in the workplace. They are an excellent way of learning. Employees who use their computer to learn will be more productive. They will be able to learn a lot at work because e-learning provides more content than traditional learning. And this is also a good time-saving tool. Employees will not waste time commuting or attending unnecessary meetings because e-learning is quick and easy. It is more convenient for them to attend classes online rather than outside of their workplace. [Related article: Corporate LMS: How It Drives Business Success]
E-learning is less expensive because the company does not need to hire any extra coaching staff. Employees will save money since they will be able to study at their own pace rather than wasting time waiting for instructions from a teacher. With e-learning, employees also learn what they need for their job faster, saving time when completing tasks at work. Let’s take a closer look at the benefits of e-learning for employees.
Top 12 Advantages of E-learning for Companies
E-learning is a smart solution for businesses these days. Let us look at some benefits of e-learning in workplace and you’ll understand why you should invest in e-learning for your business:
Key advantage of e-learning is that it is less expensive to deliver than in-person training. Paying for physical space, an instructor, hotel and travel expenses, and so on quickly adds up. Especially if you need to train a large number of personnel in multiple places.
IBM stated that moving to e-learning saved them roughly $200 million. Furthermore, it is estimated that every dollar invested in e-learning results in a $30 increase in productivity because employees do not need to take time off to travel. They may learn on the job and apply what they have learned more quickly. [Related article: How much Does It Cost to Develop an LMS?]
And because there are no physical limitations, you can provide e-learning to as many employees as you need with a one-time cost. Cost efficient e-learning benefits more than just the business world. Over the last decade, the cost of undergraduate education at public universities has increased by more than 42%, while funding has decreased. As governments struggle to pay for education, e-learning allows universities and colleges to educate more people for less money.
One of the key reasons why personalized e-learning is beneficial is that it is the ideal approach for delivering multimedia materials. Where else can a learner access a graph, watch a movie, or share a video while learning? Learners can be engaged in the topic rather than reading pages of text or sitting through a training session, which boosts retention. The range of e-learning content is extensive, and it can be utilized in conjunction with blended learning to provide benefits of e-learning training approach.
Everyone's Needs Customization
We are all unique, and there can never be a one-fits-all solution. This is why online learning provides students with a variety of learning styles to help them better adapt to their desired classes. Students are inspired to pursue higher education when they are not required to pass all of the undesirable courses in the curriculum. Learning online allows the customization of each employee's preferences and goals. It enables them to move at their own pace while deciding on a course of action.
Data and Analytics Application
Using a learning management system effectively not only allows you to produce and deliver learning materials, but it also provides you with additional insight into how and when your learners respond to the material. You may improve your e-learning approach by utilizing data collected from LMS. If you discover that a big percentage of learners are not completing modules, you could try splitting the e-learning into smaller "bites" via microlearning modules of five minutes or less.
The extent to which this is true with e-learning is determined by the opportunities provided by the course program.
However, when done correctly, it can encourage teamwork by providing:
Boards of discussion
Peer evaluation systems
Groupings on social media
This collaboration is not only local, but also global, thanks to the online component.
Quick Lesson Delivery
E-learning is a method of delivering lessons quickly. This mode has relatively short delivery cycles when compared to standard classroom teaching methods. This means that the time required to study is decreased by 25% to 60% of what is required in traditional learning. Some of the reasons why e-learning reduces learning time are as follows:
Lessons begin quickly and are completed in a single learning session. This allows training programs to be implemented in a matter of weeks, if not days.
Instead of learning at the pace of the entire group, learners can set their own pace.
It saves time because the learner does not have to travel to the training location. You can learn in the privacy of your own home.
Students can study specific and relevant sections of the learning content rather than focusing on everything. They can, for example, skip over topics they don't want to learn.
E-learning has a favorable impact on a company's profitability. It facilitates comprehension and digestion of the content:
It leads to higher certification, test, or other sorts of evaluation scores.
A greater number of students earn the 'pass' or 'mastery' level.
Improved ability to learn and apply new methods or knowledge in the job.
Increases the retention of information for a longer period of time.
Less Impact on Environment
E-learning still contributes to the production of carbon emissions. Students will use electricity, and many will print course materials. However, e-learning can assist in dealing with the difficulties of global climate change. With e-learning, there is no need for students or professors to travel, and there is less demand for paper.
Textbooks typically cost students more than $1,000 a year. They can freely access learning resources online through e-learning. Even better, instructors can update resources an endless number of times at a lower cost than that of reissuing a full textbook.
Consistency and Adaptability
E-learning can be utilized by a company to improve employees' knowledge and abilities consistently and on a large scale. This is especially important in the case of compliance training. Compliance training addresses ever-changing legislation pertaining to a role or industry, which must be provided consistently across a broad audience in order to reduce the risk of noncompliance and reputational harm. And, if legislation changes, courses can be rapidly and efficiently changed.
In a traditional classroom setting, lecturers stick to their ways of teaching, which are open to mistakes. E-learning eliminates that by offering standardized and consistent teaching.
Online learning allows teachers to lecture in a more consistent and comprehensive manner, ensuring that all students obtain the same amount of knowledge. Many educational institutions around the world are experiencing a teacher shortage. With e-learning, a couple of highly skilled and experienced teachers may teach thousands, if not millions, of students.
Individual Learning Style
E-learning takes into account the distinctions between individual learners and allows students to practice their own unique learning approaches. In other words, students are not always compelled to complete all undesirable courses in a curriculum, and they can select specific topics of interest to them. All people have various learning styles, and there will never be a one-size-fits-all approach that will suit all learners at the same time. That is why individualistic learning approaches are among the most significant benefits of E-learning.
For example, adaptive e-learning, one of the most revolutionary types of e-learning, has the potential to be the most personal learning system ever created if properly applied.
You can regulate the pace of your learning. You don't have to wait for your classmates to catch up; instead, you can move ahead when you're comfortable with a topic.
And, unlike in a traditional classroom atmosphere, you don't have to be embarrassed if you're having difficulty with an idea. You can access information a limitless number of times, allowing you to go over topics until you're comfortable with them. This is a wonderful benefit of e-learning courses for revising or focusing more closely on specific aspects of a course.
According to research, people who learn at their own pace outperform those who study identical course contents in more traditional settings. The theory is that you are not limited by teachers or trainers.
Leaving a legacy is about building a business that lives on after employees are gone. It's about building something that can exist without you or other employees, not about having a job you have to go to every day. LMS with the training courses for employees can exist for a long period of time and build your company’s legacy. With the introduction of education licensing and a plethora of certification programs, the traditional educational models were unable to keep up with the modern learning environment.
Haven’t Chose a LMS for Your Business? DrivEd is Worth Your Attention
DrivEd is a learning platform for all educational levels, from the classroom to the boardroom. You can manage your employees' training and track their progress in one place.
DrivEd is a scalable platform that, unlike other learning management systems, can be tailored to your individual company needs due to its ease of use, configuration, and security. This e-learning platform benefits school administration, including everything from student concerns to HR tasks to accounting, payroll, and other processes. You can easily request a demo to ensure that this platform fits your needs.
In case you need another LMS, PioGroup’s dedicated team can create it for you according to required features, industry, layout, and specific goals of the business.
Now you are aware of what are the benefits of e-learning. Online learning may not be for everyone, but as a decision-maker or corporate trainer, the e-learning benefits should encourage you to include it in your corporate training program. It is always advisable to seek the assistance of a professional service provider who can give you a hand in establishing a solid online learning solution based on your needs and preferences.
PioGroup Software dedicated team can help you in creating innovative, user-friendly, and straightforward LMS for any industry and meet all requirements. If you need professional guidance in implementing a learning management system in your business, contact us - we are always happy to help.