Employee training is both an essential and expensive process. Organizations that invest in employee development have a higher chance of retaining their employees compared to companies that don’t. Hence, the method boosts your company’s overall health and the productivity of employees. The trick here is not in the amount you spend but in the efficacy of the lessons.
A survey conducted by the Association of Talent Development in 2022 stated that companies spend approximately $1,280 yearly for each employee on workplace education and training. As a result, these companies are relying on technology to expedite the learning process and minimize expenses. It further helps to create a market for tech-based training.
Additionally, Statista estimates that the global e-learning market might reach $400 billion by 2026. By incorporating advanced training methods, you can also maximize workforce engagement.
A Gallup study asserted that companies that try to keep their employees connected with their tasks attain increased earnings-per-share growth. By prioritizing employee training, companies can make sure that their workforce stays agile and is ready to move ahead in this fast-changing digital age.
In this article, we will discuss three essential ways in which technology has changed the process of employee training.
Learning Management Systems
LMS (Learning Management Systems) offers a centralized place for delivering and managing training content. It enables you to track how your employees progress, develop reports, and assess the learning outcomes. But not every LMS is developed equally. Hence, it is necessary to select the correct one so that you and your employees benefit from it.
An efficient LMS will assist in action-based learning. That means it must urge employees to do all that they are learning, apart from only delivering data and content. If passive learning is the outcome of the LMS you’ve invested in, it will probably not engage employees and generate behavioral change in the long run.
Additionally, there are action-based LMSs that are designed with collaborative, hands-on training modules. It helps to simulate real-life challenges and situations. The approach enables your employees to hone their new skills on a secure platform without fear of making mistakes. It also enables them to retain data better, about which you can learn more about this from Bite’s blog.
Tutorials and Videos
Today, both videos and tutorials are a cost-efficient employee training procedure, as they are developed once and used recurrently. They further enable organizations with various locations to regulate their training. As a result, the employees attain a wholesome understanding of the company’s procedures and policies across sites.
Since tutorials and videos enable employees to check out and analyze concepts in their own time and space, they can completely grasp them and then move on to the next lesson. It further prevents any loss of know-how when an employee leaves your company. Over the years, many companies have welcomed these benefits.
Cindy Huggett, a virtual training expert, surveyed more than 700 individuals to add insights to her ‘State of Virtual Training Survey’. Here, about 91% of respondents stated that the pace of virtual training in their respective companies has gone up in the past few years.
Bites states that today leading service providers enable companies to make video content seamlessly to convey a training story. It is also accessible to every employee in the organization. The video editor can record videos quickly from the phone. It can also convert the content you have saved into interesting video content.
Gamification
Making use of game-like elements in employee training initiatives can boost motivation and engagement. The gamified learning experience is interactive and fun compared to conventional learning, which enables your employees to learn as they play. The approach rests on the idea that everyone is naturally competitive and enjoys being rewarded for their work. Through gamification, your organization can tap into such motivational factors to develop useful learning experiences.
For instance, developing scavenger hunts and other gamified team training programs is helpful. Here, your employees can execute their training and enhance team building simultaneously. You have the option to create dynamic QR codes for every employee to keep a record of their training and share their accomplishments and rewards.
Leaderboards and badges are a few common gamification elements that can be personalized to cater to the preferences and requirements of various employees. But it is also necessary to make sure that this process gets used along with high-end training content. It is because ultimately that will determine the efficiency of the training module.
In conclusion, no one can deny that technological advancements have completely modernized employee training and development procedures. Over some time, both technology and employee training methods will keep evolving. Hence, in a competitive business scenario, only those organizations adopting these tech tools instead of outdated training procedures will thrive.
