As we kick off the New Year, businesses are looking for ways to build engagement, excitement, and retention among their employees. One effective strategy for achieving these goals is implementing an online learning program. Here are a few reasons why businesses should consider implementing an online learning strategy in the New Year:
Builds engagement
Online learning programs provide employees with the opportunity to learn new skills and knowledge in a convenient and flexible way. This can help to build engagement among employees, as they feel more invested in their own development and growth.
Increases excitement
An online learning program can also increase excitement among employees, as it allows them to explore new topics and ideas that are relevant to their roles. This can help to create a sense of enthusiasm and energy in the workplace.
Improves retention
By providing employees with opportunities to learn and grow, businesses can help to improve retention rates. When employees feel that they are valued and invested in, they are more likely to stay with the company for the long-term.
Cost-effective
Implementing an online learning program is also cost-effective for businesses. Online learning eliminates the need for employees to travel for training, which can save a significant amount of money. Additionally, many online learning platforms offer subscription-based pricing, which can be more budget-friendly than other training options. In fact, the 2022 PwC HR Tech Survey lists increased employee engagement, greater control for HR teams, productivity improvements and cost savings as benefits of implementing technology in HR [1].
Access to a wide range of resources
Online learning platforms offer a wide range of resources and courses, which can help employees to grow and develop in a way that is tailored to their specific needs and interests. This can help to improve the overall effectiveness of the program.
In conclusion, implementing an online learning strategy in the New Year can be a great way for businesses to build engagement, excitement, and retention among their employees. By providing employees with opportunities to learn and grow, businesses can help to create a more positive and productive work environment. Additionally, online learning programs are cost-effective and provide access to a wide range of resources which can help employees to grow and develop in a way that is tailored to their specific needs and interests.
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[1] https://www.pwc.com/us/en/tech-effect/cloud/hr-tech-survey.html
