Learning and development is one of the most important things when it comes to a business meeting their goals. Millions of employees complete learning and development programs on a variety of courses each year. Topics such as compliance, soft skills, and upskilling are some of the most popular across businesses of all industries and sizes. In the wake of COVID-19, training is more important than ever, but programs can look different across every company.
Businesses are taking a closer look at how their learning and development courses are contributing to their overall success. Courses that require employees to travel and take time out of their working hours can actually hinder performance. Training employees using traditional courses can also cost a substantial amount especially for larger companies. Even smaller companies under 1,000 employees spend nearly $1,500 per learner.
The high cost of training can seem daunting, but it does come with benefits. By finding the right courses for your business, revenue can actually increase. This is why it is important to not only research the best L&D courses for your team, but also keep a close eye on the ROI. To learn more about finding the best way to train your team, take a look at the infographic below: