3 Ways Custom E Learning Solutions Improve the Corporate Training ROI

A little competition is a good thing, but severe competition is a blessing. So, how businesses can sustain themselves in this competitive world? Simple, integrate custom e learning solutions in training modules. The fact is, 68% of employees worldwide agree that training and development is a crucial business policy. Want more facts?

Although there would be an initial investment of few dollars, accurate training programs lead to a 218% higher revenue per employee. So, see the result of what your company gets! Now, what should be the strategy to implement customized eLearning modules for a higher ROI. Read on.

How Custom E Learning Solutions Ensure Higher ROI

1.Developing an impactful training program

Quality matters in training, and customized eLearning platform or modules are ideal examples of quality training solutions. How? Add videos, learning snippets and VILT modules. As a result, the more the quality, the more is the ROI. Organizations that invested $1,500 per employee on eLearning gains a profit margin of 24% through their employees’ productivity.

2.Suits the budget

Let us share few expenditures of conventional training:

• Instructor charge: $10,000
• Learning modules: $12,500
• Software applications: $5,000

Even accommodation and travelling is excluded from the list. So, does not it sounds like a too expensive deal? On the other hand, an eLearning module makes it the deal of an average price of $300. As a result, companies almost save 40% to 85% of the training budget.

3.More emphasis on onboarding

A robust onboarding process improves the employees’ retention rate by 82%. However, only 19% of the companies spend on onboarding budget. Hence, the rollout of customized eLearning solutions retains top talent in the company. It suits different learning objectives. Designing engaging courses will not keep your employees in the bracket of 22% staff turnover who resign within 6 weeks of employment.