FinanceTechNews.com » Report: Online training gives employers a big benefit

Report: Online training gives employers a big benefit

March 2, 2009 by Sam Narisi
Posted in: Budgets and spending, Communication, In this week's e-newsletter, Latest News & Views

Training budgets may be tighter due to the economy, but a recent survey shows companies are trimming some fat by moving their training online.

About 33% of employee training is now conducted online, according to research by the American Society for Training and Development. In 2001, the figure was around 11%.

The reasons companies are moving to e-learning:

  • the high costs of hiring a consultant or paying an outside instructor to lead sessions
  • reluctance to make employees miss work for training, and
  • an influx of young employees who are more comfortable using technology to learn than their predecessors.

As job security becomes harder to come by, more employees cite job training as a desired benefit (read more on that here). For many companies, online programs could be an affordable avenue to deliver training.

What online training do you offer? Let us know in the comments section below.

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