Top 5 Reasons You Need an Employee Learning and Development Platform
I think we all agree with the Forbes studies on the fact that employees are the greatest assets of any organization. They are the brand ambassadors of the company, and can make or break the organization. Given the digital age, where an average of 50.6 million U.S. employees have quit their jobs in 2022, investing in your employees has become one of the most essential factors considered as part of the latest business development strategies.
It is best recommended to invest in the best employee learning and development platforms to upskill and retain your employees, while also ensuring they feel safe, happy, and chipper to work with you. This would not only help you achieve better employee engagement and retention but also enhance overall productivity in the business.
Why invest in your employees?
- Investing in your employees fuels innovation, enhances productivity, and cultivates a thriving workplace culture.
Employee performance directly impacts overall team productivity and determines customer satisfaction levels. When employees are on top of their game, things just run smoother. They not only meet the project targets but also bring creativity and problem-solving skills to the room. Whereas, employees who struggle to meet deadlines and don’t perform well pull down the chances of growth and success, resulting in higher operational costs and a dimmed work environment.
This is where targeted employee development training becomes invaluable, acting as an indispensable element in HR and L&D strategies. Investing your assets in corporate learning management systems would enable you to foster a continuous learning culture at your workplace, empowering your employees to adapt, grow, and effectively contribute to the success of the organization.
So, how do you get started?
Let’s first understand the definition of employee development, why you need an employee learning and development platform, and the benefits of investing in an employee training platform.
What Is Employee Development?
Employee learning and development refers to the process where employees gain new skills, knowledge, and capabilities to improve their performance and advance their careers within a company. It's about providing opportunities, like training programs and workshops, that help employees grow professionally and adapt to changing job requirements. This investment not only benefits individual employees by enhancing their skills but also strengthens the organization as a whole by boosting productivity and innovation.
Employee training generally involves different methods, such as synchronous, asynchronous, blended, or hybrid learning models. According to Waves Media, viewers seem to retain around 95% of the video message information, as compared to text messages. Whereas, the ATD Survey shows that around 94% of the e-learner's microlearning modules take 10 minutes for soft skills training.
What Is An Employee L&D Platform? Why Do You Need One?
An employee learning and development platform is like a digital toolbox for organizing and overseeing training programs for employees. It uses software to handle everything from delivering training sessions to keeping track of progress. These platforms come with various tools to support employees in learning and growing, which in turn helps companies improve their workforce's abilities and job performance.
Top 5 Reasons Why You Need An Employee L&D Platform
1. Increased Employee Engagement
Interactive and engaging training content, such as videos, quizzes, and simulations, keeps employees actively involved in their learning. Axonify studies found that around 92% of employees claimed that proper workplace training would positively impact their job engagement. Create personalized learning paths so you can cater to individual interests and career aspirations, which further boosts motivation and job satisfaction.
2. Improved Efficiency and Productivity
Gallup’s estimations found that companies were 17% more productive by providing the right training programs to their employees. By centralizing training activities on a digital platform, L&D experts can streamline the delivery of content and assessments. This reduces administrative overhead associated with scheduling and managing traditional training sessions, thereby optimizing time and resources.
3. Cost-Effectiveness
When compared to traditional classroom-based training, investing in LMS tools to provide a seamless online learning experience saves you costs that could be incurred in traditional training, in terms of booking venue rentals, travel expenses, and instructor fees.
With a robust LMS platform, your L&D teams can deliver remote training, saving on logistical expenses while reaching a broader audience. This also ensures the flexibility and accessibility of learning, allowing your learners to learn on the go.
4. Customized Learning Paths
Platforms offer the flexibility to tailor training content to match employees' skill levels, job roles, and learning preferences. Adaptive learning technologies assess employees' knowledge gaps and deliver targeted content, ensuring relevant and effective learning experiences.
5. Real-Time Monitoring and Analytics
LMS tools allow you to keep track of the learner’s progress, completion rates, and performance metrics in real time. With robust analytics dashboards showcasing the latest insights into training effectiveness and learner engagement, your team can proactively tailor the training content to improve learning outcomes.
Key Features Of An Employee Learning And Development Platform
Some of the key features of an employee training platform include:
Content Management
This feature allows organizations to create, upload, and organize various types of training materials. It could include documents, presentations, videos, interactive modules, and quizzes. Content management ensures that training resources are easily accessible and updated as needed.
Your search for the best course authoring tool ends here! Calibr Craft is one of the best AI-powered course authoring tools that lets you modify, upload, and create bite-sized training modules within minutes. With exclusive drag-and-drop features and AI assistance, you can seamlessly add quiz questions, surveys, and audio notes, and encourage your employees to engage with the content.
Learning Management System
LMS serves as the backbone of an employee training platform. It provides a centralized platform where training courses can be delivered, managed, and tracked. Employees can access courses, view learning materials, complete assignments, and take assessments through the LMS. It also allows administrators to monitor progress, track completion rates, and generate reports on learner performance.
Calibr LXP is one of the most affordable LMS platforms that lets you onboard employees, provide access to unlimited employee training courses, collaborate with the team, measure the learning progress, and even provide customized certifications with valid credibility to your employees.
Customization And Personalization
This feature enables organizations to tailor training content and experiences to suit the specific needs, roles, and learning styles of employees. Customization may involve creating different learning paths for various departments or job functions, adjusting content based on learner feedback, and offering personalized recommendations for further development.
With Calibr LXP, you can provide a personalized learning experience to your employees. Calibr.ai’s customized learning pathways enable you to gamify the learning process to maximize learning efficiency, increase learner retention, and take control of the career skills and development domain in your organization.
Reporting And Analytics
Training platforms provide robust reporting and analytics capabilities to assess the effectiveness of training programs. Administrators can generate reports on metrics such as course completion rates, assessment scores, learner engagement levels, and training impact on job performance. Analytics help organizations identify trends, evaluate training ROI, and make data-driven decisions to optimize training initiatives.
With a 360-degree analytics dashboard, Calibr LXP allows you to track the latest progress and make informed, data-driven decisions. With real-time access to the assessment and quiz results, learner progress, and performance metrics, you can efficiently maximize the ROI of your L&D budget.
Mobile Compatibility
With the increasing prevalence of remote work and mobile devices, modern training platforms offer mobile compatibility. This allows employees to access training materials and complete courses anytime, anywhere, using their smartphones or tablets. Mobile compatibility enhances flexibility and convenience, ensuring that learning remains accessible even outside traditional office settings.
Calibr LXP is a mobile-friendly LMS tool that lets you seamlessly integrate learning into your learner’s lifestyle. Calibr.ai’s mobile app feature allows your employees to gain first-hand experience with online and offline access to employee training modules. This means they can easily download the courses and gain efficient knowledge from anywhere, anytime.
Collaboration Tools
Effective learning often involves collaboration and interaction among learners, trainers, and peers. Training platforms integrate collaboration tools such as discussion forums, chat functionalities, virtual classrooms, and social learning features. These tools foster knowledge sharing, peer-to-peer support, and collaborative problem-solving among employees, enhancing the overall learning experience.
How To Choose The Best Employee L&D Platforms In 2024?
Choosing the best employee learning and development platform in 2024 involves considering several key factors to ensure it meets your organization's specific needs and goals.
Here is our structured approach to help you make an informed decision:
- Assess your organization’s training needs
- Define clear objectives and learning outcomes
- Evaluate features and functionalities such as:
- LMS
- Content Management Tools
- Customization & Personalization
- Collaboration Tools
- Mobile Accessibility
- Analytics & Reporting
- Integration
- User Interface & Experience
- Content Quality & Scalability
- Security & Compliance
- Customer Support & Training
- Cost & ROI Management
By systematically evaluating these factors, you can choose the best employee learning and development platform that aligns with your organization's goals, enhances employee development, and contributes to overall business success in 2024 and beyond.
In Conclusion
With employees being the true intangible assets of any organization, your team needs to invest in the most effective employee training platforms to transform the learning journey in the organization. So now, empower your team to reach their maximum potential through Calibr.ai’s firsthand employee training LMS platform. Request for a demo to learn more about this tool today!
FAQs
1. What is the importance of employee training and development?
Employee training and development in the workplace is essential to enhance skills, improve job performance, and adapt to changing roles and technologies, ensuring employees can contribute effectively to organizational success.
2. What are the benefits of using an employee learning platform?
An employee learning platform increases engagement, improves productivity, saves costs, offers customized learning paths, and provides real-time analytics for informed decision-making.
3. How can training platforms help with remote work?
Training platforms support remote work by offering mobile accessibility, enabling employees to learn anytime, anywhere, and facilitating collaboration through virtual classrooms and online forums.
4. What features should I look for in an employee L&D platform?
Look for features like a robust LMS, content management tools, customization options, mobile compatibility, analytics capabilities, and integration with existing systems for seamless operations.
5. What makes Calibr.ai's learning platform unique?
Calibr.ai's learning platform stands out due to its AI-powered personalized learning pathways, seamless mobile accessibility, and robust analytics, ensuring tailored and effective employee development experiences. This platform also gives you access to an unlimited number of corporate training courses in fields like Soft Skills Training, Code of Conduct, Workplace Ethics, Mandatory Compliance, Behavioral Skills Development, and so on.
As an enthusiastic English literature graduate, Chandni enjoys writing as much as a toddler enjoys animation. She discovered her passion for writing and expressing thoughts through this form amidst the nail-biting months of the COVID-19 pandemic. Ever since then, she has volunteered in various anthology books that have been published on Amazon. Her experience working on a diverse range of verticals has enabled her to excel in this domain and face new challenges as they come. With a contagious thrill and excitement at the workplace, Chandni embraces wearing different hats and soaks up information like a sponge.