Online Learning: the low-cost business turbocharger!

Category: Online Learning, Top tips, Training

Online Learning – the low-cost business turbo charger!

Online learning, e-learning, online training: call it what you will, but whatever you call it if you are not already using it, you will definitely benefit from looking seriously at implementing it in your business. Here are ten research statistics[1] to explain why:

1. Forty-two percent of businesses have reported an increase in sales revenue directly as a result of implementing online learning
2. Every £1 spent on online learning results in around £25 worth of increased productivity (IBM study)
3. Online learning typically requires 40%-60% less employee time compared to achieving the same learning in a classroom environment
4. Use of online learning achieves an 18% increase in employee engagement and involvement in the business
5. Sales per employee is 26% higher in businesses that offer training using technology including online learning
6. Information retention rates of up to 60% are achieved with online learning compared to 10% for traditional classroom/face-to-face learning
7. Online learning consumes 90% less energy and 85% fewer CO2 emissions per student that face-to-face training
8. Seventy-two percent of businesses report that online learning helps them to increase their competitive edge
9. Online learning market has increased 900% since 2000
10. Online learning has a direct positive impact on staff retention[2]

Practical Advantages

• The learning can be accessed anywhere using a suitable electronic device connected to the internet. This provides exceptional flexibility and is especially useful for home workers
• Learners can dip in and out of the course and complete it at a pace to suit them and their work environment
• The employee does not have to leave the workplace for the training, thus cutting out travel costs and massively reducing loss of productive time
• Employers can easily comply with the requirement for health & safety training using cost-effective online courses, and protect themselves in the event of a tribunal or prosecution
• The courses are regularly updated and added to meaning employees have access to the latest content
• Video-based courses with interactive questionnaires are interesting, engaging and motivating for employees.

The low-cost bit? Using an existing provider like Access2 Human Resources means no set-up costs to introduce on-line learning in your business, and you can start enjoying the benefits straight away. Costs of courses vary depending on which provider you use, but for high quality video-based content a typical course can cost as little as £15 and with typical course costs of around £35 on average.

For regular training needs, a subscription-based service can offer unlimited online learning for employees with employers controlling the learning – allocating courses, monitoring progress as required and downloading certificates.

At  Access2 Human Resources we also offer, as part of our subscription services, full set-up and support with your Learning Management System (LMS) including setting up employees, allocating certificates and so forth. Combined with our Breathe HR management system[3] we can update employee records with the training and upload certificates for your records.

So, ready to turbocharge your business and motivate your employees to boost productivity?

Combine HR and Training Systems

Prices start from just £165 + VAT per month (up to 10 staff) for a combined BreatheHR system and Unlimited online course subscription. With this you receive:

• Fully functioning online HR system to manage all your employee information and HR processes:
  • Automated holiday and absence management
  • Storage of employee data
  • Access for all employees to company documents
  • Self-serve access for employees to their data
  • Performance management processes
  • And much more
• Set up and training to use the HR system plus uploading your employee data
• Unlimited access to all our online training courses
• We will set up courses for your new starters, employees as requested and record the training in your HR system, as well as upload and issue certificates
• Ongoing system support by telephone and email

For a free trial of our online courses, check out our course listings here.

Contact me at dan.jenkins@access2hr.co.uk or call on 01722 325833

Dan Jenkins
Managing Director

[1] Facts & Stats That Reveal the Power of eLearning. SH!FT

[2] Trainingindustry.com

[3] Additional cost – contact us for details