A study by the Aberdeen Group found that organizations that use eLearning achieve a 25% higher return on investment (ROI) than those that don’t. This means that for every dollar invested in eLearning, organizations can expect to see a return of $0.25. The conclusion? eLearning can boost your business, let’s see why.
Why Does eLearning Have Such a Positive Impact on Business Performance
There are many reasons why eLearning can have such a positive impact on business performance. Here are a few of the most important:
Increased productivity: eLearning can help employees learn new skills and knowledge more quickly and efficiently, which can lead to increased productivity. For example, a study by Bersin & Associates found that organizations that use eLearning experience a 21% increase in employee productivity.
Reduced costs: eLearning can help organizations save money on training costs, travel expenses, and lost productivity. For example, a study by the International Data Corporation (IDC) found that eLearning can lead to a 40% reduction in employee turnover.
Improved employee satisfaction: eLearning can help employees feel more engaged and satisfied with their training, which can lead to improved job performance. For example, a study by the American Society for Training and Development (ASTD) found that eLearning can lead to a 20% increase in employee satisfaction.
Increased employee retention: eLearning can help organizations retain employees by providing them with the training they need to stay up-to-date on their skills and knowledge. For example, a study by the Aberdeen Group found that organizations that use eLearning experience a 20% reduction in employee turnover.
Improved customer service: eLearning can help organizations improve customer service by providing employees with the training they need to better understand and meet the needs of their customers. For example, a study by the Gartner Group found that organizations that use eLearning experience a 15% increase in customer satisfaction.
If you’re looking for ways to boost your business performance, eLearning is a great place to start. By investing in eLearning, you can help your employees learn new skills and knowledge, improve their productivity, and stay engaged and satisfied with their work.
