As global markets continue to become more competitive and the corporate workplace increases in complexity, the need for effective and ongoing employee training has grown. In addition to preparing your employees for new and emerging work challenges, studies have shown that effective and ongoing corporate training and employee development programs can lead to increased revenues on a per employee basis, as well and an improved overall bottom line.
In this climate, training and development has emerged as a key function for human resources (HR) departments, and many organizations now see this as an integral part of HR development activities. In fact, some organizations now mandate a minimum number of training hours every year for each employee. And while some industries tend to require a higher number of training hours than others, most every company, regardless of size or sector, can benefit greatly from employee training and development.
Employee Training v. Development
Quite often, employee training is confused and used interchangeably with development. Development refers to courses and programs created to nurture employee growth. Development is, therefore, a future-looking effort. In contrast, training tends to focus on gaps in skills and seeks to prepare employees for current needs by helping them to better understand a task, technology, or some other critical effort.
eLearning for Employee Training and Development
Online learning, or “eLearning” refers to the use of electronic technologies (primarily, the Internet) to build, deliver, and manage all types of learning and training programs, including employee training and development. While in years past, most companies tended to rely on in-person, classroom-based training, recent developments in cloud-based technologies, combined with increasingly remote workforces (a trend that was in place even before COVID-19) have made eLearning a preferred approach to all types of corporate training programs.
The foundational technology that supports eLearning is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track employee training and development. Given this, an LMS can serve as a critical software application to support HR efforts around employee training. And working with an LMS can provide significant benefits for your training program, including:
Cost-Effectiveness
An eLearning-based employee training program eliminates many of the costs associated with classroom-based training, such as travel, instructor and venue fees, catering, and the need to print and distribute training materials.
Flexibility
eLearning also eliminates the need to pull all of your employees together in a single location at the same time as it allows them to conduct their training activities at any time and from any place. All that is required is an Internet connection.
Self-Paced
A challenge for many learners is in the need to keep up with the pace set by classroom-based instructors. eLearning removes this concern by allowing to work at their own pace and revisit any piece of training content multiple times before moving on to the next section of the course.
Detailed Analytics
Another powerful advantage of working with an LMS in an eLearning-based training program is in the ability to capture and review important data regarding employee engagement, progress, and success. The ongoing review of this data can help you determine the effectiveness of your program and decide when and where revisions are required.
LMS Portals: HR Software Solutions for Employee Training and Development
LMS Portals provides a cloud-based, multi-tenant learning management system that serves as an HR software solution for employee training and development. Using LMS Portals, our clients and partners can build, track, and manage a customized eLearning environment (portal) for each of their unique training audiences. And each portal offers its own custom branding, course and category development, user onboarding, collaboration tools, analytics, and more.
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