Facts and figures that show the power of corporate e-learning
The question is not if e-learning will benefit your business, the real question is why would so many companies adopt this method of teaching their employees if it really did not really work. E-learning has taken the entire business world by surprise as it is helping companies to gain more and more profits through hard working and updated employees. The evolving role of e-learning in the establishment and profits of a business are not unknown to us. It is because of these positive reviews that even start ups are willing to hire e-learning companies to train their employees.
Here are some facts and figures to show why e-learning has become so popular among the companies, both public and private sector -
· E -learning requires about 40% lesser time than the regular mode of learning. So, good bye traditional classrooms, e-learning is here to stay.
· The things learnt in traditional way might fly off your head, but the retention rate is 25% higher in e-learning. This might be because the employees have more control over the study material, and they can revisit the training process when even necessary.
· In the same time that is needed for classroom type of training, e-learning can teach five times more, thus making your employees more aware and intelligent. Thus, employees can spend less time on training and more on their work. This means e-learning is a very cost effective method.
· With e-learning, employees learn fast and resume their work faster, applying what they had learnt in the training. This will result in an increase in productivity up to 20%. This means, the money you had paid for the e-learning program comes back along with a profit!
· There is an 18% increase in the employee engagement through e-learning programs.
· About half of the top 500 companies in the world are already using e-learning programs for their employees. There are more companies that are wishing to join the league and make more profits.
· The market growth of e-learning is a shocking 900% from the year 2000!
· The companies are saving thousands of rupees that were going into travel, hotel, instructors and equipments required for the old methods of training.
So, do not wait. Begin your e-learning strategy for your employees and hire the best e learning companies in India to help you train your employees better. You will be among the many other companies that made the smart move to train their employees efficiently and benefit from the results of the training.
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