MORE FOR LESS ”
A recent Department of Education study found that by increasing an individual’s training by 10%, productivity is increased by 10%. Compare that to only a 6% productivity increase when adding 10% to workers’ hours and only a 3.2% increase when increasing employee stock ownership by 10%.
E-Learnitng, combined with a valid Skills Assessment Test will add even more value to these numbers. Most importantly, if you choose wisely and conduct your training with full motion video and optional full audio courseware, you will effectively train the one-third of your workforce who are non-reading fluent.
Your training will be accessible for all employees at all times from everywhere, often allowing your investment to be recouped within the first year. And, that instantaneous deployment of training will be rewarded with overall productivity increases.
With e-Learning, the “people costs” of traditional training can be reduced. That is because, combined with a valid Skills Assessment Test, no longer will everyone be taking the same training. Instead, assigned training will be designed to fill in employee knowledge gaps, which will reduce the biggest single expenditure you’ve always had — the “people costs.”
Tailor the training to your organization’s needs through Skills Assessments. The overall savings will be a reduction of 25-60% over traditional classroom instruction. You’ll also see the increased benefits accompanying 50-60% greater retention than can be achieved with traditional classroom instruction and your e-Learning initiatives will allow more employees to be trained in a shorter period of time.
Economically, nothing else makes better sense. You will accomplish your training goals and, at the same time, increase productivity for your company.
— Bill Walton, Founder of ITC Learning
bwalton@itclearning.com
“AMERICA WILL CONTINUE TO BE BUILT BY THE HANDS OF ITS MEN AND WOMEN”