Reducing the cost of employee training!

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written by FotoFinn
3 · 20 · 22

Training courses are a great way to learn new skills or improve old ones. But, they can also be quite expensive. So, if you’re looking for a more cost-effective option, consider online training courses. Many platforms offer a variety of courses, and some are even free. Plus, you can usually complete the courses at your own pace. So, if you’re looking to improve your business skills, consider online training courses.

For employee training, many businesses spend money on on-site workshops or seminars. But there’s a more cost-effective option, online training courses. Here are five reasons why you should consider them:

  1. It’s cost-effective

Online training costs are between one-third and one-fifth of traditional in-class instructor-led training. Online training eliminates a myriad of direct and indirect costs. E.g. – time, travel, lodging, dining, room rental.

Remote training is also paperless, eliminating a pesky expense and an often overlooked cost. The number can be shocking – it’s estimated companies spend 3% on printing every year!

Leverage microlearning

Conventional employee training is time-consuming. As a result, it makes your employee unproductive for a more extended period. Microlearning is a new way to help people learn. Micro-lectures are short videos with crucial information. An employee can play the video repeatedly for optimizing learning!

It can take place anywhere.

The future of workforce training is now available, regardless of where your company operates from in the world. Virtual learning programs allow employees or contractors flexibility with their work schedules. It gives companies an alternative way of educating their personnel. Drop the need for travel!

It saves time.

Time is equal to money. Remote training saves time for both employee and employer.

For example, when a new starter joins, it is custom that they are invited to an induction day. The presentation for the day requires work for HR. But also for every other department that delivers the introduction presentation. With online training, you only need to generate the material ones.

It also saved the employee’s time. Remote training means they don’t need to travel between training locations.

It’s environmentally friendly

On remote training, participants don’t need to travel anywhere – the workshops come to them. That means fewer carbon emissions and a healthier planet for everyone!

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9 Comments

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