It’s worrisome for any organization to lose a high performing and motivated employee. Such employees are major contributors to the financial gains of the company. Moreover, it’s expensive to procure a resource in replacement and invest in training them.
This makes it important to start employee retention right from the very beginning. When new hires are onboarded the correct way and they have a positive experience in the very first month of their jobs, it increases the likelihood of them staying with the company for the long term.
In this era of digitalization, learning online has become easier thanks to eLearning courses. The management of these courses is facilitated by the Learning Management System. Apart from management, a LMS makes it easy to execute, deliver, deploy and track online training courses.
This has made LMS a highly preferred way of imparting training to employees. But is it even possible to retain employees with training? Does an LMS contribute to reducing employee turnover? The short answer to both these questions is a YES.
Read on to find out how:
- It streamlines the onboarding process:
Onboarding is a complex process where new hires are welcomed into the company culture. Having an organized onboarding program will allow employees to understand their roles and responsibilities effortlessly without feeling overwhelmed.
This is particularly important because almost 35% of employees leave their jobs in the very first month. A LMS ensures new hires have a productive and engaging learning experience, which creates a positive first impression of the company.
- It makes learning easily accessible:
In wake of the COVID19 pandemic, companies were compelled to look for learning solutions that could be delivered remotely. This became easy with the help of a LMS since it makes training content accessible for everyone regardless of the device they use.
With mobile learning capabilities, modern LMSs ensure that employees are able to overcome geographical barriers and access learning without having to travel to a particular location.
And the best part is, you can easily find affordable LMS options that align well with your organizational training goals by verifying their pricing structure. For instance, the TalentLMS pricing model includes offline as well as online learning support without costing a small fortune.
- It helps employees learn at their own pace:
No two employees think and learn alike. This makes it necessary to customize the learning process so nobody feels pressured. With the help of an LMS, employees can access eLearning courses anywhere at any time.
This allows them to learn as per their convenience at their own pace. They can revisit a topic as many times as they like. Alternatively, they can skip a topic if they are already equipped with a skill it covers. This self-paced learning approach makes learning an engaging experience for employees.
- It shows employees you care about them:
Today, young professionals are interested in working with companies that are committed to growth. Showing an interest in employee learning needs and providing a customized learning program is easy with the help of an LMS.
When employees see their company investing in them by providing L&D opportunities, it makes them feel valued. This enhances employee satisfaction and increases their loyalty towards the company.
- It increases employee productivity:
A LMS helps employees learn new skills as well as strengthen existing skills. By equipping employees with the necessary knowledge, an online learning course helps employees perform their duties more efficiently.
When employees commit to a L&D course, the information they gain makes them more confident. This helps them perform better at their jobs and significantly increases their productivity.
As evident from the above mentioned points, a LMS successfully enhances the employee learning experience. This boosts employee satisfaction and helps in retaining employees.