4 Reasons Companies Are Investing In eLearning For Their Business

A learning system based on formalised teaching but with the help of electronic resources is known as eLearning. Over the past several years, many modern-day organisations have been forced to implement changes within their workplace to keep themselves operating as they should. As well as changes in how businesses operate, the business world has also experienced changes in how staff members are trained and upskilled to improve their skills and remain relevant.

One of the most recently emerging changes to have come out of this is eLearning, a learning system based on traditional teaching methods but with the assistance of electronic resources which can be conducted in or out of a formal teaching setting. With the help of eLearning, companies have been able to reap many benefits, from reducing costs to improving the effectiveness of their training programmes.

Due to this, an estimated 40% of businesses have swapped traditional training and upskilling methods in favour of the benefits eLearning provides, with the percentage expected to grow over the upcoming year. Despite the apparent benefits that eLearning provides, many doubts surround it. To dispel some of these, we’ve created this article outlining some of the top reasons companies invest in eLearning for their business – keep reading to find out more.

Reduces The Cost Of Providing And Delivering Training

Undoubtedly, one of the most significant reasons modern-day businesses are drawn to eLearning is the amount of money it saves on providing and delivering training in-house. Thanks to the digital age that we live in, the internet and new technologies have eliminated the need for printed learning materials, hiring venues, or even enlisting the services of a trainer to deliver the course face-to-face since all the information or materials an employee could need are already uploaded onto the training platform.

Depending on which provider businesses opt for, there might be an initial upfront cost for hiring experts in delivering managed learning services or installing the eLearning platform. Yet when companies weigh up the initial cost (which admittedly might be sizeable) compared to the additional charges, they’d have to spend on traditional training/upskilling, like transport, venue hire, the hourly rate of a physical trainer etc. the cost of traditional trainer far outweighs the initial start-up costs of eLearning.

If you’d like to know more about the costs of eLearning, consider looking at the websites of providers like Wahoo Learning, who are experts in delivering managed learning services. With a range of eLearning services ranging from content to learner support, their fully managed learning services can help provide your business with the ability to scale upwards while saving you money in the long run. Consider finding out more by visiting their website or contacting a team member directly today.

eLearning Is More Effective

Unlike in a formal teaching setting, eLearning is considered more effective as it gives students more control and flexibility over their studies, meaning they can complete their training wherever or whenever they have a free moment. As well as being more effective, eLearning helps students retain the knowledge they’ve learned quicker than in a traditional classroom through multimedia content.

Not to mention, if a student feels as though they need to refresh their memory on a past course they’ve completed, eLearning allows students to access previously studied modules so that they can revisit the content anytime they feel as though they need a refresher or if they feel as though they didn’t grasp it so well the first time and would benefit from listening again. This allows students to learn at their own pace and means that they aren’t reduced to the speed of their tutor and classmates.

eLearning Takes Less Time To Complete

Another reason eLearning has become such a popular investment for businesses is that it takes less time to complete than training conducted in a classroom setting. When taking an eLearning course, students are in control of how and when they learn, meaning that they can divide their course into sections and complete them in between balancing their professional and personal lives.

Instead of having to worry about fitting their course in-between times where their personal and professional lives don’t clash, students on eLearning courses can start a section of their course whenever they feel like it. Whether this is over the course of their lunch break at work, while they’re sitting bored on a long train ride, or wherever they have a spare fifteen minutes while waiting – eLearning eliminates the need to dedicate large amounts of time to learning and offers a much less rigid approach than a traditional classroom setting.

Helps Reduce The Businesses Carbon Footprint

It’s no secret that sustainability is becoming a significant issue for modern-day corporations, and with UK businesses being responsible for 71% of global emissions, it has become more critical than ever for companies to reduce their carbon footprint. Investing in eLearning can help businesses do this, as they consume less energy and CO2 per student than in-house training courses. Plus, they eliminate the need for travel, a significant contributor to greenhouse gas emissions.