How FotoFinn Is Changing the Way Companies Train Their Employees

At VideoFinn / FotoFinn, we’re all about using the power of live-streaming to make your event and training reach audiences far and wide.

But can e-learning eliminate common pitfalls of face-to-face training?

Read on to find out!

Why is Employee Training Essential?

When companies become short-staffed, low on disposable funds, and overworked, employee training can often fall by the wayside. Since one of the primary reasons for employee training is to help develop the skills of staff members, stopping staff training can negatively impact the efficient running of the business and affect staff retention rates.

Employee Training Difficulties

At VideoFinn / FotoFinn, we’ve heard companies state that they cannot afford it despite knowing that employee training is an excellent investment. In the United States, average training costs per employee per year are a staggering $1,252. Some of the costs of in-person onboarding and staff training can involve:

• travel expenses such as train fare and hotel costs
• classroom renting
• catering
• printing of training booklets
• and much, much more!

E-Learning Solutions: Cost Saving

Thankfully, a solution that can eliminate many of these costs in one fell swoop without negatively impacting training quality

E-learning solutions such as live-streaming training and development sessions eliminate the need to travel to a physical training centre, which means no need to book that Mariott and pay for catering while your employees are on the move.

Further factors lowering the cost of training by utilizing e-learning:

• no downtime spent travelling: not only do you save money by avoiding the cost of trains and planes, but you also save money by having your employees waste less of their valuable time travelling

• quicker reaction to changes. When legislation and best practice advice change, booking in-person training can be time-consuming and expensive, E-learning makes your business more agile.

E-Learning is the Green Solution

Printing costs, petrol, flights, etc. What do all of these have in common? They’re terrible for the environment. As we’re all becoming more aware of our responsibilities towards the planet, e-learning is a fantastic solution for keeping our environmental impact as a business lower.

One study via the Open University found that e-learning courses consume 90% less energy and produce 85% fewer CO2 emissions than their face-to-face counterparts.

Additional Benefits of E-Learning

• Adjustable: it can be easier to accommodate different needs online than in a classroom with many different learning styles.

• Scaleable: have you gone from 5 employees to 200? That’s no problem when you train online.

• Data Analysis: e-learning can give you the data you need to better understand your employees and their skillset.