Human resource (HR) departments play a critical role in creating an organizational culture where every employee has access to effective training and development courses and programs. HR professionals must find ways to create awareness of the training and development opportunities and highlight their importance in order to help employees grow, both professionally and personally. In fact, one recent survey found that nearly 40% of HR executives reported staff development to be their most critical concern.
Some of the benefits your organization can expect from effective employee training can include:
Effective and ongoing employee training is proven to minimize turnover, which saves your company significant expenses in recruiting and hiring. In addition, employee training programs can help ensure that your organization is deriving the greatest value from technology investments and operating at a high level of efficiency.
Increased Employee Satisfaction and Retention
Employees appreciate the opportunity to build new skills and increase their value at your organization. In fact, ongoing education is often cited by employees as a contributing factor in the experience they have at a company and the probability that they will stay long-term.
Every company must plan for the selection and development of its future leaders and employee training perhaps a great opportunity to determine which of your employees demonstrate the capacity to take on future leadership roles. You can then enroll these individuals in the courses they will need to prepare for these future opportunities.
Company Knowledge Base
One of the greatest, and often overlooked, benefits of an employee training program is in the opportunity to further leverage the program to develop a knowledge for the storage and exchange of important information among employees. Maintaining this centralized repository can streamline the ability for employees to retrieve the information they need, when and where they need it.
HR Software for eLearning-Based Employee Training
In years past, many HR groups chose to leverage in-person, classroom-based sessions as the foundation for employee training. But continued enhancements in cloud-based technologies, combined with increasingly remote workforces (a trend that was in place even before COVID-19) have made online learning, or “eLearning” the preferred approach to employee training and development.
This preferred approach to employee training presents a great revenue opportunity for HR software resellers as Learning Management System (LMS) technology serves as the core software technology to support all types of eLearning programs, including employee training and development.
An LMS is the application that is used to build, deliver, manage, and track employee training programs. And recent developments in LMS delivery and architecture have made these systems particularly well-suited for HR software reselling opportunities.
While in the past, LMS software resellers were required to “stand up” the LMS application in their own data centers, cloud-based LMS platforms, offered by third-party vendors, have eliminated this need. As an HR software reseller, you can quickly and cost-effectively access the LMS features and capacity you need to support your clients, without having to make a significant, up-front capital expenditure. In addition, the cloud LMS vendor assumes all of the responsibility for managing and maintaining the system, so your company can focus on the sale and delivery of great employee training technology and content.
A second, more recent development in LMS technology is in the availability of multi-tenant architecture. Multitenancy is particularly valuable for HR software resellers as it allows you to launch and manage private eLearning environments (portals) for each of your clients. Each portal can be uniquely branded for the client and allows you to securely separate and manage each of your client employee training engagements.
LMS Portals for HR Software Resellers
LMS Portals provides our HR software reseller partners with a cloud-based, multi-tenant learning management system that allows them to launch and manage private, customized training portals to support their client eLearning and training engagements. Each portal can be uniquely branded for the client and includes embedded tools for course development and category management, user onboarding, collaboration tools, analytics, and more.