An organization is going to lose out if it doesn’t emphasize on employee training. For learning and upskilling is no longer limited to the C-suites roles. These days dedicated training is conducted for the career development of the employees of all levels. According to LinkedIn’s 2018 Workforce Learning Report, 93% of employees would stay at a company longer if it invested in their careers.
Starting from orientation to technical skill development of the employees, companies need to capitalize on corporate training wisely. However, this elevates the debate between traditional and online employee training. For decades, traditional training has been preferred by many organizations as an easy way to train their resources. But with the widespread digitization in the workspace, companies are embracing online training.
What is traditional employee training?
Traditional employee training can be best defined as in-person training where both mentor and mentees are present physically. It generally included a conventional classroom or training room full of employees and instructor(s).
Precisely, this mode of training mimics the classroom environment. Usually a project manager or subject matter expert conducts training in a lecture-style with the aid of visual representations. Till date, this is one of the most common methods of corporate learning to bridge the skill gaps and increase employee retention in an organization.
What is online employee training?
Over the years, the general notion of employee training has noticed a huge shift. Online corporate training is gradually making inroads in India too. With the help of corporate learning management systems, training is being conducted in a digital format. From managing LIVE classes to sharing resources, learning, and communication is facilitated within just a few clicks.
If you are someone who is trying to understand the major differences between traditional and online corporate learning, hold on! We have identified 5 aspects to give you a clear understanding. Keep reading:
1. The Disparity in Participation Rate
In traditional mode, the participation rate is not always up to the mark owing to the rushing working hours. The candidates mainly partake in such training sessions during their working hours. At times, it becomes overwhelming for them to balance their to-do-list and corporate learning at once. Therefore, more often than not, the participation rate in this sort of training is gradually taking a decline.
On the other hand, online corporate training helps employees split time in accordance with their convenience. Due to the advantage of both asynchronous and synchronous communication, employees have the flexibility to invest time whichever way possible. Unlike traditional setup, there is no specific time-window for the course takers. This inadvertently increases the participation rate giving a purpose to the training.
2. Level of Engagement
Engagement is something that is rarely achieved in the traditional mode of corporate learning. Yes, unfortunately, this is the bitter truth. Sitting for a good number of hours and eyeing over the piles of presentations and content is exhausting. Though the learners can clarify doubts instantaneously, the level of engagement drops down to little or nothing in the truest sense.
According to a study by IBM, it was seen that employees learn 5X more materials in online training using multimedia content than in traditional methods. This is why more and more organizations are tapping into the corporate learning management system. Moreover, with the inclusion of simulated exams and gamification of content, employees remain engaged and motivated throughout the training session.
3. Overall Expense
This is a no-brainer!
Executing traditional corporate learning is a huge undertaking considering the total expense. From giving remuneration to the instructor to several logistical spending to training materials, every bit contributes to a good expensive affair. Not to mention, travelling also entails money.
And it goes without saying that switching to online mode provides a clear demarcation in terms of finance. With the help of virtual interaction in real-time, both employees and employers save costs. This is one of the primary reasons a plethora of companies are taking a swift smooth on corporate learning management systems. An organization pays once for the enterprise solutions to get the highest return on investment.
To cut a long tale short, traditional training is only accessible only when employees and instructors are present in the office. It deters the learners from gaining a deep understanding as and when required.
In such a scenario, online training comes to the rescue. For instance, with the help of corporate management systems, employees can learn from anywhere anytime discarding the need for travelling. Moreover, the training resources are available across devices which, in turn, promotes easy learning. Not to mention, since all such materials are downloadable, having a stable internet connection is no more an issue.
Collaborative learning is not possible with traditional training. Tying up the previous points will give an idea. Albeit face-to-face interaction is possible, but training employees across different locations is not possible. Furthermore, due to less engagement, collaboration seems to be negligible.
However, social learning with a collaborative approach makes a free LMS for corporate training the best fit. The blended learning experience in such platforms facilitates great collaboration and fosters peer-to-peer interaction. Features like discussion forums, polls, and quizzes help in learning beyond the concrete walls of a corporate building.
So, is online employee training replacing the traditional method? The answer is yes. Online employee training has been on the rise over the past few years. In the era of automation, as the nature of the job is shifting, upskilling the employee has become the need of the hour. Therefore, irrespective of the industry, organizations are investing in online corporate learning to boost their bottom line.
Considering all the benefits, employers are paying attention to co-branded courses for free LMS corporate training. Because an investment for knowledge always helps in paying the best interest.
On that note, check out the quick list of advantages that comes along with online corporate learning:
- LMS is a greener option as it requires 90% less energy than the traditional mode
- The Research Institute of America states online training boosts knowledge retention by 25-60%.
- With minimal dependency, online training provides more reach to the instructors
- The analytical tools give a detailed report of every employee’s performance without any error
Taking account of all these reasons mid and large scale companies are pushing their digital reform and opting for a free LMS for corporate training. For learning management systems offer the best of the informal and formal training and thus becoming the standard method of learning.
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