What are the benefits of using an LMS for training employees?
Studies show that investing in training for employees contributes to your company’s overall success and sets you apart from other employers. Whether hiring new employees or upskilling and reskilling existing employees, a learning management system (LMS) for employee training is imperative.
So, what exactly can an employee training platform bring to your company? Let's see how using an LMS for training can benefit your business. We’ll also talk about what to look for in an LMS so you can make an informed decision regarding which employee training LMS to invest in.
The advantages of implementing a corporate training LMS
Investing in an LMS for employee training may seem like just another cost, but the return on investment can be significant. A recent study by the Association for Talent Development (ATD) found that businesses utilizing employee training solutions may see 218% higher income per employee, as well as a 24% increase in their profit margins!
Here are six additional advantages of implementing an LMS for training.
1. Reduce in-person training costs
When you digitize your staff training software, costs associated with traditional classroom-style training are reduced. Not only do you save money on printing materials and instructor fees, but you also reduce the time it takes to organize in-person training. Plus, using a mobile training platform allows employees to access information on their own time from anywhere.
2. Easily monitor progress
When using an LMS for training, tracking an employee's progress is easy. Managers can see where employees are struggling and identify any knowledge gaps. With this information, managers can create a shared accountability plan based on each employee’s area of opportunity, driving better coaching experiences.
3. Improve communication
Learning about the company and one’s assigned role isn’t where training ends. An LMS can also help enhance soft skills such as communication, critical thinking, and teamwork. This can prevent interpersonal challenges that can get in the way of maintaining a positive company culture.
4. Encourage collaboration
Setting up a social and collaborative learning page can help remote teams connect with one another, learn from each other, and share their experiences. You can also use this space to share company-wide announcements, highlight upcoming events, and celebrate important milestones or achievements.
5. Hassle-free and customizable content
When you use a custom training LMS, your company can tailor learning material to specific employees or teams so that everyone receives individualized training. This helps you deliver relevant content to your employees without sacrificing efficiency.
6. Speed up time-to-productivity
A well-designed employee training LMS can reduce the time it takes for new employees to become productive. This training software can quickly grant individuals access to vital, job-specific information so that they can hit the ground running.
What to look for in an LMS
Choosing the right learning management system for employee training requires knowing which features will serve your company's unique needs. Here are some of the features you'll want to look for when using an LMS for training:
- User-friendly interface: The LMS should be easy to navigate, allowing employees to find necessary materials quickly.
- Robust security: Every LMS should be secure, protecting sensitive information from unauthorized users.
- Scalability: Look for a learning platform that can be scaled up or down depending on the size of your workforce and their training needs.
- Detailed analytics and reporting: Comprehensive reports on employee progress and performance will help you measure effectiveness and address skill gaps immediately.
- Customization capabilities: Make sure you can customize the LMS to align content with your company’s standards and preferences.
- Integration with existing systems: Find an LMS that can easily integrate with other systems and existing training content.
Spoke®: The best learning management system for employee training
Staff training software should be easy to implement while providing your organization with a suite of tools to ensure employees are properly trained and ready to work. If you're looking for a comprehensive employee training LMS that’s user-friendly, powerful, and customizable, Unboxed Training & Technology (Unboxed) has a solution for you.
Meet Spoke®: An LMS that makes learning human. With our learning technology platform, you can deliver custom content, track employee progress, and integrate it with other systems to ensure nothing is lost in translation. This modern employee training LMS is designed to make training and onboarding easier, faster, and even fun!
Partner with Unboxed to quickly and effectively train employees on the skills they need to help your company succeed. Request a demo today to learn more about the benefits of Spoke®.
Get a demo to see how Spoke® Learning Technology Platform can turn your organization into a hub for Skill Agility.