It’s no secret that employee training has become an essential part of every successful business. Providing quality training helps your organization attract and retain new talent. Providing quality learning experiences also increases both productivity and your revenue.
In fact, companies who invest in employee training have 24% higher profit margins than those who do not(1). Ineffective training can be just as expensive costing companies $13.5 million a year per 1,000 employees(2).
Why are so many training programs ineffective? The learning landscape is continuously changing. Advances in technology have played a huge role and eLearning programs have become a necessity.
It takes a considerable amount of money to purchase the tools needed to deliver training content in modern learning environments such as virtual classrooms or other web-based training formats such as webinars and simulations. This is one of the many reasons organizations choose to outsource their training delivery needs.
Tags: Blog • Managed Learning Services • training delivery