Knowledge is power. Ensuring that employees are constantly being educated about safety and best practices is critical to maintaining a strong culture. Companies today are continuously turning to online training for their employees. According to Research and Markets, the global eLearning market is poised to grow at a CAGR of around 7.2% over the next decade to reach approximately $325 billion by 2025.” In addition, the online corporate training market is expected to grow by 13% per year, with 77% of U.S. companies offering online training to improve the development of their employees.
Why is online training an effective tool to educate employees?
Online training is a valuable and cost-effective method for continuing education and productivity enhancement. On-site training can take a significant amount of time and cost a substantial amount of money, especially if your company is continuously on-boarding new workers, and employees are operating during certain weather conditions or other work responsibilities. With online training, you are able to reach more of your employees at any hour of the day, making it more convenient to their schedule.
Online training is also more interactive for employees. Most programs use real life scenarios, animations and videos that allow your employees to really retain the information within the training module. With on-site training, the instructor may emphasize different points and employees may ask different questions, meaning that employees will ultimately receive different information. Online training ensures that all employees are on the same page.