Training employees is a critical investment for any organization, but it can come with significant costs. In this blog, we’ll explore the expenses involved in training employees, whether new or existing and discuss strategies to minimize those costs. By understanding the financial implications and implementing cost-effective approaches, you can optimize your training budget while fostering a skilled and engaged workforce. Training Costs Regardless of Tenure According to a study by the Association for Talent Development, the average cost to train an employee is $1,252, which includes direct expenses but not the time spent.

Onboarding new employees and keeping your current staff up-to-date on required training courses can take a tremendous amount of time and resources. Discover the ways a centralized learning management system (LMS) can help you prepare new hires for their roles and help your staff meet any state-specific or role-specific training requirements. Learning Management System (LMS) Defined A Learning Management System expedites, simplifies, and standardizes training and certification processes across an organization.

With an inbox full of projects that need addressing and a calendar packed with back-to-back meetings, the last thing a busy manager wants to do is deal with are outdated and time-consuming training programs. Having a robust Learning Management System (LMS) is essential for organizations to effectively train and manage their employees. The true measure of an LMS lies in its ability to meet specific business needs and simplify your onboarding and training procedures.

According to the Health and Safety Institute, only 29% of businesses assess their employees' understanding of compliance and staff skills on a consistent basis. Setting up this training for your employees is crucial because it not only helps your team stay on track toward the same goals but it can also reduce the risk of legal fees and penalties that your company could face due to an employee or the company being non-compliant.

If you deploy training to employees or volunteers within your organization, you may have heard of an LMS, or learning management system. An LMS is an online platform that helps people learn and train remotely. These systems are used by businesses and educational institutions to offer courses and training programs to their employees or students. They’re like a virtual classroom where you can access all your course materials in one place.

64% of professionals agree that learning and development are no longer “nice to have," they’re a necessity. If over half of your team members and colleagues are looking for training and growth opportunities to keep their skills sharp, how can you ensure that you’re effectively providing that development? Whether you’re looking to provide upskilling and reskilling opportunities, leadership and management training, or virtual onboarding, tracking the success of your training can help you ensure you’re getting good ROI for your investment.

Incorporating a learning management system (LMS) into your organization can make training simple. An LMS allows you to implement the training you need to meet compliance needs, like harassment and mandated reporter training. It also can help reduce training costs compared to physical, in-person training. Out of the box, the courseware in your Simple LMS will provide a strong foundation for training topics like mandated reporter training. It can also be tailored by profession for supervisors, medical professionals, child care providers, etc.

Making online learning a part of your employee development plan is a smart move for many organizations. E-training is a cost-effective alternative to traditional in-person training and gives your team members more flexibility with their learning. The best way to maximize your return on investment for your new LMS is to make sure you’ve got a solid roll-out plan so that your leaders and team members are prepared. Here are 5 steps to consider when unveiling your new e-training plan.

How much of your organization’s budget is allocated to training your team? Many organizations invest 2 - 5% of their budgets back into training programs for employees, supervisors, and leadership personnel. The good news is this: training expenditures have been positively correlated with employee retention, customer retention, sales, and overall profitability. Not to mention, certain laws and regulations may require you to provide employee training, depending on the location of your business and the specific industry you’re in.

With economists warning of a recession that looms increasingly closer, many companies are battening down the hatches to prepare to weather the storm. This could include a reduction in staffing and other efforts for your organization. If you’re considering ways to reduce your budget, an LMS could help streamline your training program. Lower Corporate Training Costs Moving your corporate training away from in-person courses to a flexible online learning management system could help save you money in the long run.

An LMS is a crucial tool for online learning, providing a central repository for instructional materials and tracking learners' progress. A good LMS should be user-friendly and offer a variety of features to support different types of learning. The right LMS will support your internal learning processes, employee productivity, and company culture. There are many LMS solutions out there. How can you choose the right one? A Role-Based User Interface Role-based user interfaces will automatically recognize the permissions of a logged-in user, enabling functionality specific to that user’s role and providing the user with the specific training they need.

An LMS (learning management system) is a software application creating a framework to manage all aspects of delivering learning content. It’s where your training material is housed, delivered, and tracked. An LMS is sometimes called a training management system or learning experience platform. Sometimes a system for managing learning content (LCMS) gets confused with an LMS. The LCMS is used for writing and managing content, not for managing the learning process.

45% of full-time employees work partly or fully remotely, according to a Gallup poll. This means that pre-pandemic approaches to training employees may no longer be effective. It can be difficult for managers and HR employees to gather the team for an in-person training when nearly half the team is working from home. One way organizations are adapting to a remote workforce is by updating existing in-person training programs to online learning management systems (LMS).

Gone are the days when employee development took the form of dry, unmotivating coursework. New advancements in how learning management programs are implemented allow companies to embrace increasingly sophisticated methods of training. This lets businesses develop new and more effective ways to keep their employees engaged and at the top of their game. Discover 5 learning management trends that could make your employee training more effective in 2021. 5 Learning Management Trends You Need to Know About #1: Augmented and Virtual Reality Augmented and virtual reality have gone from the stuff of SciFi to a daily reality for many businesses.

As organizations were forced to adapt to the changing landscape of 2020, many turned to digital and online tools to keep moving forward. Because of this, it’s no wonder that the field of online training has seen explosive growth in the past year. Now, successful companies across the United States are making employee learning and development a priority in 2021 to help build stronger, healthier companies. 4 Ways Successful Organizations are Tackling Learning and Development in 2021 #1: Make Employee Development a Priority The LinkedIn 2021 Workplace Learning Report surveyed global learning and development (L&D) professionals to paint a better picture of how their organizations are handling employee development in 2021.

Every state has mandated reporters, individuals who are required to report when they have reasonable cause to suspect abuse and neglect, as required by the Federal Child Abuse Prevention and Treatment Act (CAPTA). However, the requirements surrounding who is considered a reporter, how they should report, and how they should be trained vary wildly from state to state. What’s more, the consequences of failure to do your duty as a reporter are steep – in some states failure to report is a misdemeanor or even a felony.

Is your organization required to provide Mandated Reporter training? Depending on your industry and state, you might be obligated to do so. Federal law requires states to designate certain individuals as Mandated Reporters of child abuse, individuals who are required to report suspected abuse and neglect. Entities such as government organizations, schools, businesses, etc. may be required by law to provide training to these reporters. However, providing the appropriate Mandated Reporter training can be challenging.

Online training is experiencing explosive growth. Not only are schools turning to more online learning solutions amid a global pandemic, but corporations and organizations are also seeking more efficient and effective ways to train employees, volunteers, and administrators on the job. Online learning isn’t slowing down. Here are the trends shaping the way learning management systems deliver online learning experiences in 2021 and beyond. Personalized Learning Experiences Even before the COVID-19 pandemic, the global e-learning market was already seeing enormous annual global growth, anticipated to reach $336.