Training and development are essential for business growth. They help to keep your employees engaged, motivated, and up-to-date with current best practices.
Most businesses struggle to find engaging and affordable ways to offer employee training. Two problems arise — either employee training is neglected or the methods used are neither affordable nor efficient.
If you’re looking for an efficient way to manage your employee training, a learning management system (LMS) is the answer.
What Is An LMS or Learning Management System?
An LMS, or learning management system, is a software application designed to simplify the delivery of education and training for organizations and educational institutions. Its solutions can create, deliver, manage, track and report on educational content. Learning management systems provide an affordable and streamlined approach to employee training that is sustainable and scalable, allowing it to grow with your business.
LMS technology is now even more beneficial with the rise of the remote work environment. It makes education accessible and manageable for organizations around the world, regardless of where their employees are located.
Whether you want to train newly onboarded employees or you want to provide long-standing staff members with refresher courses, an LMS is a platform you need. Read on to learn how an LMS can assist with your employee training.
8 Benefits Of Using An LMS For Employee Training
1. Easily Track Employee Progress
An LMS allows you to create high-quality content and assign tasks quickly, easily, and efficiently, and it also keeps a record of employee progress. This data can be used to monitor completion rates and identify any areas where employees need extra guidance. With real-time access, comprehensive tracking capabilities, and complete scalability on any device, an LMS makes managing employee training more efficient.
Here are some things you can track with an LMS:
When employees start a course
The amount of time spent on courses
Course completion rates
Who participated in the training
Areas where employees need additional support
2. Streamlined Reporting
An LMS is a powerful tool for businesses that are looking to stay organized, report progress, and track the results of their employee training programmes. It provides streamlined reporting so you can analyse the data you need to make informed decisions.
You can access the information you need when you need it with the reporting features in an LMS. This can help you measure success and address training goals and areas of improvement. By providing all relevant data in one convenient location, reporting in an LMS eliminates the guesswork that may come with other manual or complicated reporting methods.
3. Automated Certifications
Employees can automatically get certificates upon completing courses in an LMS. Your HR and management teams are then able to identify the certifications employees have received. No more manual certificate creation in Canva or Microsoft Publisher — what would typically take you hours to complete can now be done in a matter of seconds.
Another significant benefit of automated certifications is that they boost employee confidence and morale. Imagine having to wait weeks and months for course results. An automated process provides test results instantly. This small automation helps boost employee confidence so they can better perform their jobs.
4. Customization Capabilities
You can customize the content delivery in an LMS based on the needs of your organization and specific job roles within your company. For example, some employees might need more comprehensive training than others do because of their job roles or skillset. You can create custom learning paths that cater specifically to those individuals’ needs. This ensures that each employee is getting the most out of their training experience while minimizing wasted time and resources on topics that may not be relevant to them.
Below are two examples of the main customization features in an LMS:
- Ready-made courses – An LMS comes ready with courses for you to choose from. It provides a great way to streamline the creation and sharing of content. Ready-made courses eliminate the need for administrators to spend countless hours designing their own course materials. LMS systems come equipped with engaging activities, visuals, and multimedia assets, such as videos and recordings. This helps make content delivery and learning more enjoyable and efficient. Simply select the courses you need for your business and assign them to your employees.
- Customized Content Delivery – Learning Management Systems can create personalized learning pathways. This allows instructors to design learning modules tailored to each employee’s needs. Organizations can use multimedia elements such as videos, audio files, images, and quizzes within courses to further engage learners. Customized content delivery allows you to choose what courses your employees need to take, set the delivery schedule, and so much more.
5. Self-Paced With Easy Accessibility
Unlike traditional classroom environments, a Learning Management System offers a self-paced learning experience. Employees can take their time to learn at their own pace and choose whether they want to go faster or slower based on their understanding of certain topics.
Self-paced online learning provides a flexible approach to completing coursework. Employees can access all materials without the need to be in a physical space, making it more convenient and cost-effective.
Modern LMS tools are also designed with mobile compatibility in mind so that employees can access course materials anytime, anywhere, and on any device. This makes it easier than ever before for businesses to provide remote access to courses when physical classroom settings aren’t feasible.
6. Reduce In-Person Training Expenses
Using an LMS can help reduce costs associated with traditional classroom-style training sessions. Some of these are travel expenses, instructor fees, and other costs associated with bringing in trainers or consultants for specialized courses or seminars.
Since most learning management systems are web-based, there are usually no upfront hardware costs. It is an ideal way to reduce your employee training expenses.
7. Improve Employee Retention & Satisfaction
Employee satisfaction is essential to any successful organization as it affects the morale, productivity, and effectiveness of the workforce. An environment of satisfied employees leads to a higher level of engagement, commitment, and creativity, which can result in increased profits and better customer service. By creating an atmosphere where individuals feel valued and appreciated, employers ensure that they motivate their employees to put their best foot forward every day.
According to LinkedIn’s 2018 Workforce Learning Report, 93% of employees would stay at a company longer if it invested in their careers. This shows that employee retention and satisfaction improve when organisations invest in employee training.
Using an LMS helps improve employee retention rates by providing employees with access to ongoing learning opportunities that will help them stay engaged, motivated, and up-to-date with current best practices in their field or industry. This encourages loyalty and commitment, which ultimately improves overall staff morale!
8. Tangible ROI on Training Programs
Training programs provide a great way to ensure that employees have the knowledge and skills they need to do their job effectively, but it’s essential to know whether your investment in resources is providing returns. Investing in an LMS to support training can provide tangible ROI as it provides data and metrics that would often be inaccessible otherwise.
Through automated tools such as activity tracking, text analysis, and surveys, an LMS can help track user engagement and measure the implementation of skills gained from the training program.
An LMS gives a greater understanding of who has successfully completed the required training, which areas need additional focus, and how far employees have come with improved job performance. With this real-time data collected from users across various departments, you can optimize your overall employee development efforts for increased productivity and informed decision-making.
One On One’s LMS Can Boost Your Employee Training In Jamaica
A learning management system (LMS) is one of the best investments you can make for your business because of its ability to streamline employee training while simultaneously improving employee retention rates. One On One’s learning management system (LMS) is an excellent platform for employee training. Not only does it provide a comprehensive catalogue of courses, but it also allows you to customize and tailor these courses to suit the needs of your business.
With our platform, you can easily track employee progress, access real-time data analytics, and deploy remote learning opportunities to create an interactive learning environment. Our system is cost-effective, enabling businesses to get a great return on their investment. By utilizing One On One’s LMS, you can see tangible improvements in employee morale, productivity, and performance.
Make the right choice for your business and book a demo today.
