Technology is changing the teaching and learning process. Lectures no longer have to be within the confines of a classroom. There are online courses, and corporate seminars are becoming webinars. What’s the point of attending class when you can learn through your laptop or smartphone?
Besides, the figures support eLearning. Online learning has a retention rate of 25% to 60% compared to conventional learning’s retention rate of 10%. Additionally, eLearning requires 40% to 60% less employee time than learning through the traditional classroom setting.
In 2017, about 77% of US corporations used eLearning. And, 98% more said they would integrate eLearning programs by 2020. The point is, more and more businesses are leveraging the benefits of eLearning for their employees. You should too!
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The following are the top 10 reasons to use eLearning.
1
Cost Reduction
Perhaps the most notable advantage of eLearning is the reduction in cost. Let’s look at the typical traditional in-house training model. You have to hire a professional trainer to deliver knowledge. Most professional trainers demand payment by the hour. Depending on how many employees you have and the length of the training, this training model will dig deep into your company’s finances. Plus, you have to rehire the trainer later when you have other employees that need training.
On the other hand, eLearning only requires feeding a syllabus and learning materials to a learning management system. It is a one-time cost for a specific type of training, which you only need to update when the need arises. So, you significantly reduce the costs of hiring a professional trainer.
eLearning also cuts the costs of hiring training venues, travel, and physical learning materials.
2
Flexibility
With eLearning, you can study whenever and wherever you like. With traditional learning, the inconvenience of the classroom setting made furthering studies to be a “just-in-case.” So, you would take on a professional or short course in case you need it – not because you are sure you need it.
eLearning allows you to learn “just in time.”
With eLearning, you can study whenever and wherever you like. With traditional learning, the inconvenience of the classroom setting made furthering studies to be a “just-in-case.” So, you would take on a professional or short course in case you need it – not because you are sure you need it.
3
Improved Retention
As mentioned earlier, eLearning has a greater retention rate compared to traditional learning. Technology enables learning to be more interactive. Through branching technology, learning becomes more engaging, more like how games are. When learning becomes interactive and engaging, the retention rate increases.
eLearning also enhances the personalization of learning materials for every individual learner. Through assessments, you can give each learner individualized material based on their existing knowledge and preferred learning styles.
Furthermore, learners can go through the learning materials at their own pace. Plus, a fast learner does not have to wait for the others to catch up.
4
Speeding up training
A 2017 survey by Brandon Hall Group found out that eLearning reduces training time by 40-60% compared to traditional training. The main reason for the reduction in training time is the fact that trainees can access the learning material anytime and anywhere. The learning process is faster when trainees can conveniently study in their spare time.
Besides, since they already have access to all the learning material, they can skip what they already know and focus on what they do not know.
5
Enhanced Productivity
Traditional training requires setting aside time within the working hours. Therefore, it has a significant impact on productivity since work and other business processes have to pause.
With eLearning, employees can study in their own spare time. As such, training does not have an impact on productivity. Remember, the whole point of training is to improve knowledge, which in turn increases productivity. According to stats from IBM, eLearning can increase productivity by as much as 50%.
6
Online courses require less time investment
Most professionals know further training is important in enhancing their knowledge and advancing their careers. But enrolling for a face-to-face course requires a time investment that most people cannot afford. Not many people have time for work, family, and classes.
eLearning, therefore, becomes a great option. Most online courses are tailored flexibly so that the student does not have to sacrifice a huge chunk of time to the course.
7
eLearning allows frequent assessments
With eLearning, assessments can become more regular. You don’t need to wait until the end of the course to assess how the learners are doing. Instead, you can integrate short and regular tests throughout the training. These regular assessments go a long way in increasing the trainees’ engagement.
According to research from Harvard, short regular tests reduce distraction, retention, and long note-taking. Furthermore, increased assessments allow a trainer to notice areas of difficulties early and provide the necessary assistance.
8
One-off training events are not enough
Traditionally, when you identify a problem in your organization, you would provide a one-off training event to rectify it. However, effective learning requires delivering a message repetitively.
The training material for online training is easily accessible. Your employees can refer to it later to fully understand and act upon the knowledge gained.
9
eLearning can help retain talent
A significant number of employees prefer an environment where there are learning and development tools. In fact, as much as 65% of millennials choose a job where there are opportunities for growth and development. If you are wondering why you keep losing workers in the millennials age group, you need to reassess your training programs. Younger workers will leave you simply because there is a lack of support.
10
eLearning is environmentally friendly
According to the Open University in Britain, online courses contribute to an average of 90% energy efficiency and 85% less CO2 emissions per student compared to the lecture-based learning. Therefore, engaging in this type of learning helps corporations achieve their commitment to environmental conservation.
Conclusion
eLearning is gradually replacing traditional learning, especially in the corporate world. It is cost-effective, improves knowledge retention, and even conserves the environment.
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