Is your organization struggling with low employee training course completion rates? The value of employee training to the survival of your business cannot be understated. In 2018 alone, small employers invested around 61.2 training hours per employee.
The Value of Employee Training Courses to Your Organization
The company benefits of employees who complete their training include a more skilled team that can produce better results and innovations. A well-trained team also reduces corporate risk, particularly in the areas of compliance and safety.
Why Are Employee Training Completion Rates so Dismal?
The current state of employee training course completion is somewhat dismal, with even free MOOCs experiencing high dropout rates. Employer barriers like uninspired training content, poorly delivered materials, and lack of management involvement can seriously hamper any training program.
What Happens When Employees Fail to Complete Training?
When employees do not complete their training, it puts the organization at risk for safety, lawsuits, and other negative matters. If employees display poor morale, demonstrated by low engagement and retention rates, an intervention is needed.
How to Boost the Employee Training Course Completion Rate
Using technology, focusing on using an internal LMS system for employee training can help employees find a central place to complete training consistently. Make training easily accessible to all employees and management so that they can learn when it's most convenient.