Corporate training is an essential component of business growth, helping companies to upskill their employees and improve productivity. In the UK, corporate training is a growing industry, with businesses investing heavily in employee development.
According to a report by the UK Commission for Employment and Skills, UK employers spent £44.2 billion on training in 2014, which represents a growth of 6.6% compared to the previous year. This trend has continued in recent years, with businesses increasingly recognizing the importance of investing in their employees' skills and knowledge.
The growth of corporate training in the UK can be attributed to a number of factors, including the increasing complexity of business operations, the need for businesses to stay competitive in an ever-changing market, and the importance of retaining talented employees. In addition, advancements in technology have made it easier for businesses to provide training to their employees through eLearning platforms and other digital tools.
The Shift to eLearning for UK Businesses
eLearning has become an increasingly popular form of corporate training in the UK in recent years. With the widespread adoption of digital technology, businesses have been able to provide employees with training and development opportunities through online courses, virtual classrooms, and other eLearning platforms.
The growth of eLearning for UK corporate training can be attributed to a number of factors. Firstly, it offers businesses the flexibility to provide training to employees regardless of their location or schedule, which is particularly important in today's fast-paced and globalized business environment. This allows employees to access training materials at their convenience, which can help to improve engagement and participation.
Another factor driving the growth of eLearning in the UK is cost-effectiveness. Compared to traditional classroom-based training, eLearning can be delivered at a lower cost, allowing businesses to train more employees with the same budget. Additionally, the use of digital tools and platforms can help to reduce the time and resources needed to develop and deliver training content.
Finally, eLearning provides businesses with the ability to track and monitor employee progress, which can help to identify areas where additional training may be needed. This data can also be used to evaluate the effectiveness of training programs and make necessary improvements.
The Benefits of eLearning for Corporate Training Programs
There are many benefits of eLearning-based corporate training, including:
Flexibility
eLearning allows employees to access training materials at their own pace and convenience. They can complete the training at any time, from anywhere, using a computer, laptop, tablet, or smartphone.
Cost-effectiveness
eLearning is often more cost-effective than traditional classroom-based training. It eliminates the need for travel, accommodation, and printed materials. Moreover, eLearning can be reused for multiple employees without incurring additional costs.
Consistency
eLearning provides a consistent learning experience to all employees. The same materials, instructions, and assessments are provided to all employees, ensuring that everyone is trained to the same standard.
Personalization
eLearning can be tailored to meet the individual needs of employees. They can skip over content they already know, focus on areas they need to improve, and learn at their own pace.
Interactive
eLearning can be interactive, engaging, and fun. It can include multimedia elements such as videos, animations, quizzes, and games. Interactive elements can enhance learning and improve retention.
Tracking and Reporting
eLearning allows employers to track employee progress and performance. Employers can monitor completion rates, test scores, and other metrics to evaluate the effectiveness of the training.
Scalability
eLearning can be scaled to meet the needs of a large number of employees. The same training program can be delivered to multiple employees, without sacrificing quality or effectiveness.
About LMS Portals
At LMS Portals, we provide our clients and partners with a SaaS-based, multi-tenant learning management system that allows you to launch a dedicated training environment (a portal) for each of your unique audiences.
The system includes an embedded SCORM-compliant course authoring tool that enables most anyone to build engaging courses quickly and easily.
We also offer a complete library of ready-made courses, covering most every aspect of corporate training and employee development.
If you choose to, you can create Learning Paths to deliver courses in a logical progression and add structure to your training program. The system also supports Virtual Instructor-Led Training (VILT) and provides tools for online coaching and social learning.
Together, these features make the LMS Portals platform the ideal solution for our UK-based clients and partners.
Contact us today to get started or visit our Partner Program pages