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A Comprehensive Guide to E-Learning

Employee training is crucial for organizations. After all, employees are the most valuable asset for any organization. Organizations have administered training courses to employees for decades.

Typically, they would host seminars, workshops, and conferences to train employees. However, things are changing today. Technological advancements and the global pandemic have forced organizations to adapt, resulting in E-learning’s rise. In addition, new technologies like learning management systems have also made E-learning a viable option today.

Statistics show the E-learning market is worth approximately $275 billion today, and it shows no signs of slowing down.

What is E-Learning?

E-learning has several other names, including electronic learning, online learning, etc. It refers to using digital resources to deliver course content to learners, typically via the internet. Although E-learning has been around for decades, it has become more popular recently, particularly since the pandemic. E-learning enables users to learn through their internet-connected devices, removing learning barriers and making learning more accessible.

Types of E-Learning

People use E-learning for various purposes. Schools have E-learning solutions to help students grasp new concepts. On the flip side, corporations use E-learning for other purposes.

They typically include:

Employee Training

Employee training is the primary driver behind organizations using an LMS platform for E-learning. Training employees is easier said than done. However, it’s crucial for business purposes. Organizations need to get new employees up to speed on standard operating procedures and policies. Otherwise, these new hires will struggle to acclimatize to the organization and fail to perform. Using an LMS platform for training new employees formalizes training delivery. In addition, it also makes it more effective.

Compliance Training

Compliance training is crucial for most organizations in nearly any sector. Organizations need to bring employees up to speed on the laws and regulations they must adhere to in their position. Compliance training is necessary for many instances to create a safe and respectable working environment. Compliance training usually varies based on your organization’s sector. A cybersecurity company, for instance, will need to train employees on GDPR compliance. Meanwhile, a healthcare organization will have to train employees to follow HIPAA guidelines.

However, some compliance training initiatives are common in all workplaces. These include diversity training, HR law, and anti-harassment training.

Customer Training

Organizations can also use their LMS platform to train customers. Customer training programs help customers learn more about your product or service. Customer training is popular for software providers because they often need to help customers become acquainted with their platforms.

Partner Training

Partner training, also known as reseller training, is another popular use of E-learning. Organizations will use their LMS platforms to train resellers to become successful and contributing members of their network. They’ll use courses to administer product information training, sales training, etc.

Benefits of E-Learning

E-learning has become prevalent because it has many benefits for corporations.

They include:

Cost-Effectiveness

One reason behind E-learning’s burgeoning adoption is its cost-effectiveness. IBM research shows that E-learning is cost-effective. In addition, it also contributes to increased productivity. According to their research, you receive a $30 increase in productivity for every dollar you invest in E-learning. Employees learn new skills faster and save a lot of learning time through E-learning, enabling them to apply them in their work quicker.

Saves Time

Time is precious, particularly in a work environment. Organizations want to train their employees and upskill them as quickly as possible. E-learning proves beneficial because it helps organizations save invaluable time spent training employees. According to research, E-learning requires 40 to 60 percent less employee time than classroom training.

Employees can use your LMS portal to learn whenever they want. For instance, employees with long commutes might prefer to learn while on the go. E-learning is easily accessible via mobile devices, making it easier for employees to learn at their time and pace.

Improves Performance and Productivity

According to an ILX Group Survey, 51 percent of HR decision-makers stated ongoing E-learning significantly boosted employee morale, satisfaction, and longevity. Research shows E-learning helps enhance employees retention and engagement. It’s no secret that engagement highly correlates to turnover. The more engaged your employees, the less likely they’ll leave your organization.

The Research Institute of America notes that E-learning boosts employees retention rates by 25 to 60 percent. On the flip side, traditional learning’s retention rates of eight to ten percent. As a result, employees are likelier to sharpen their skills and abilities through E-learning.

E-learning is also highly effective because it enables employees to learn at their pace. Traditional learning usually requires employees to attend conferences, workshops, or seminars. However, the rigors and demands of work often interrupt. Employees never know when they might have an important deadline looming or need to communicate with clients urgently. These factors prevent them from focusing on their learning.

On the other hand, E-learning enables them to learn easily. They can use the natural lulls during their work to improve their skills and abilities without any issues. Likewise, they can also learn during their commute to work. As a result, E-learning is also more efficient for employees.

Scalability and Personalization

E-learning also makes customized microlearning easier than ever. You can design courses for specific individuals to help them acquire the necessary skills for a job. According to a study in the Journal of Applied Psychology, microlearning increases retention by 17 percent. Likewise, another study shows that microlearning also highly engages participants, leading to better retention.

E-learning is scalable because all you need to do is prepare a course. Then, you can administer the course to as many employees as you want without spending more. It’s a one-time investment that pays dividends over the long run. In addition, the more employees take the course, the quicker you can recoup your expenses.

Corporations are also shifting to E-learning because it makes personalization easier than ever. It’s no secret that people have different learning styles. Some people are visual learners, while others are audio learners. E-learning makes it easier to cater to learners’ unique preferences and learning goals.

Cater to Your Organization’s E-Learning Needs with Axis LMS

Atrixware has designed Axis LMS to suit the needs of all L&D professionals. Their learning management system for E-learning is widely regarded by many as the best learning management system on the market. Atrixware’s E-learning management system works well for compliance training, employee training, customer training, etc.

About The Author: Brandon Jameson is a lifelong entrepreneur. He has extensively worked in the Edutech sector, creating several startups that were acquired. Jameson left the sector after multiple successful acquisitions to become a teacher for underprivileged children in an inner-city school in Chicago. He’s also affiliated with Atrixware.

Originally posted 2022-04-14 19:07:03. Republished by Blog Post Promoter

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