The Cost of an Ineffective Training Program
FEBRUARY 7, 2017
According to a study by the Society for Human Resources Management (SHRM), the average cost of losing an employee is six months of their base salary. The average employee salary is $53,000, so the average cost of losing an employee would be $26,500.
LMSs Lower Costs for Nonprofits
MARCH 29, 2016
This is particularly true when it is used for the purpose of marketing a product or service. How Much Social Media Marketing Costs for Nonprofits? After all, social media outlets make allowances for advertising, but they do so at a cost.
ELearning Development Cost Drivers
MARCH 12, 2014
While many people know that elearning often costs less than the traditional instructor-led training event , it can sometimes come as a shock that elearning development costs can also fluctuate quite a bit. That’s not to say that elearning can cost more than live-training.
The Link Between BYOD and Increased Productivity
JUNE 23, 2016
First, if employees are supplying their own devices, they are responsible for any associated costs. A BYOD policy also makes it easy for employees to access corporate data and online training materials, which can increase productivity.
Seven Simple Secrets to Off-the-Shelf Course Success
It also creates a common language across the organization, and it improves on-the- job performance—all at a cost more reasonable than custom elearning. The final product shows a direct link between the training and the goals of the. Seven Simple Secrets to.
How Much Does Informal Learning Actually Cost?
NOVEMBER 4, 2011
According to Dan Clark in Big Dog, Little Dog: The True Cost of Informal Learning , the trouble with this research is that although the comparative percentages for formal and informal learning are correct, information on what is actually spent on each is based on weak research.
The Real Cost of a Free (Open Source) LMS!
APRIL 29, 2010
Though they may be free at a tangible expense level, they do carry a cost which the organization implementing the LMS should be aware and careful of. So what is a real cost of a free (open source) LMS? To understand let’s find the elements that have a cost associated with them.
Do Low-Cost, All-Inclusive LMS Packages Exist?
OCTOBER 15, 2015
An LMS that offers social learning, reporting tools, single signon options, ecommerce capabilities, mobile accessibility, and language localization is a complete package, and in some cases, costs a lot of money. Per-User Fees Raise the Cost of a Learning Management System.
The Cost of Misinformation in Customer Service
FEBRUARY 9, 2016
This is costly to your bottom line in three key capacities: lost revenue, weak customer relationships, and negative brand sentiment. A bad customer service experience costs your business revenue through abandoned transactions, lost customer relationships, and wasted time and resources. Even the most routine product inquiry to your front-facing team is important to the customer , so treat every customer interaction with that in mind. The cost of misinformation is high.
Learning Insights Guide 2017: Progress with Purpose
new product, how to use it and how. be more productively spent researching. drive productivity, growth and innovation. value of L&D – whether it’s cost-saving, driving profit or creating efficiency.
Product Review: Totara
OCTOBER 9, 2012
Blog – This was on the trial and for a nice product like this – it should be removed for the trial. While that makes sense, what hurts the product is the overkill of information. Are hosting costs universal? the product as a whole is of great value.
Strategic Training Can Mitigate Onboarding Costs
JUNE 23, 2015
Getting a new employee from interviewee to fully productive member of a company takes time and money. The post Strategic Training Can Mitigate Onboarding Costs appeared first on. According to Allied’s Workforce Mobility survey, companies spend an average of $11,000 to onboard a new employee. This sum consists of training materials, pay for a training staff member and the new hire’s income. Furthermore, 30 percent of [.].
Hidden costs of an LMS: What to expect
MAY 26, 2016
If you’re involved in getting a new LMS for your company, read on to learn about some of the most common hidden costs that usually — but not always — creep into the acquisition process. Hidden costs of getting an LMS. Should all hidden costs of an LMS be a turn-off?
It’s Not Just the Money: The True Cost of High Staff Turnover
AUGUST 25, 2016
The cost of a poor employee retention rate can be measured in hard currency, but the true cost goes far beyond that. Weighing up the Costs of High Staff Turnover. The most obvious downside of poor employee retention is its financial cost. 21 per cent higher productivity.
LMS Low-Cost Webinars Hosted eCommerce Subscriptions
OCTOBER 13, 2011
They are early stage, so low-cost would be good. Here are some resources that I found that may help: LMS eCommerce Solution Product Review: Litmos LMS LMS For SMBs And Training Companies – A Year On, Is It Still The Same? What’s hurting the LMS market 2010 LMS Products of the Year LMS Satisfaction Features and Barriers Low Cost LMS - Help Needed Why it’s hard to find an LMS LMS Spotlight: Topyx LMS vendors: R u hearing us?
Top LMS features that increase employee productivity
OCTOBER 19, 2016
The instruction process usually means a lot of compliance training, bureaucracy, standardized tests, cost with trainers/venues/travel for employees and hardly ever a way to measure the effectiveness of training. Will it help raise the overall productivity?
Free Webinar: How to Price Education Products
FEBRUARY 19, 2014
Pricing for education products is all over the map. cost-based approaches) and embrace “upside pricing” that looks at the value you deliver to the buyers. But pricing is too essential to leave to guesswork. In this session, we look at why you should eschew “downside pricing” (e.g.,
What’s the real cost of eye candy?
JANUARY 10, 2017
The cost of eye candy is often a too-easy activity. I saved time by using a tool that makes it easy to manage branches and that combines writing and production (I first used BranchTrack and then switched to Twine for more control over the look and feel).
Open Source LMS: Hidden Costs for Associations
MARCH 7, 2017
At first glance, open source LMS may seem to have certain advantages over a commercial, purpose-built association LMS – no upfront licensing costs, full control over how the system can be customized, etc. Hidden Costs of an Open Source LMS.
Development: The Link between IT and Productivity
AUGUST 3, 2016
In the IT business world, time is money — and money wasted due to lost productivity is one of the most common challenges companies face today. This unstructured, self-taught learning approach costs about $5 million per 1,000 employees in lost productivity each year.
Is Your Training Program Costing You Money?
FEBRUARY 16, 2016
However, it’s not enough to throw money at a training plan and expect it to work–you should invest wisely and avoid making costly mistakes. The cost of ineffective training. For a mid-range employee, it costs 20% of their annual salary to find and train a replacement. Lack of productivity. When they lack those materials, their productivity plummets. It’s speculated that the low productivity in the workplace costs U.S.
Product Review: Litmos LMS
FEBRUARY 26, 2011
Cost for entire system is extremely low compared to a solid standard system. API E-Learn Info e-learning e-learning vendors elearning hosted Litmos LMS mobile learning Product Review SAAS SCORM Uncategorized craig weiss elearning vendors learning management system litmos
Applications of online training: product training
JANUARY 7, 2014
When a company has a new product, despite it being an exciting time, there is the issue of training employees on its features which may be problematic due to the time and cost involved, especially in face-to-face training. Greater efficiency and productivity means increased profits.
How Much Do MOOCs Cost Compared to ILT?
Your Training Edge
MARCH 19, 2015
Not surprisingly, one of the most common questions I get from people who are interested in using massive open online courses (MOOCs) for training is: “How much do they cost?”. Not only is this not true of ILT, but the cost of an ILT course itself isn’t the full cost of running the training.
Why You Need Online Learning Nuggets for Product Training
OCTOBER 17, 2016
How can you impart good product training online? What does it take to ensure your people are able to apply the knowledge of products effectively to their jobs? What does it take create e-learning courses for product training quickly, in a cost-effective manner?
How Much is Having Stressed-Out Employees Costing You?
FEBRUARY 20, 2015
How much is having stressed out and sleep deprived managers and staff costing your business? My guess is stressed out and sleep deprived staff are costing you A LOT financially, emotionally, and physically. It might scare you a little about how much it really is effecting your financial situation & bottom line.not to mention the general level of productivity of your staff. How much is the stress epidemic costing you? High staff turnover (very costly to replace).
Online Product Training for Sales Reps – An E-learning Expert’s Insights
OCTOBER 10, 2016
Product knowledge is essential for sales people to make the right pitch. With sales people handling multiple products in the product line, you need to ensure they make the right pitch based on the customer’s requirements. Most B2B products are quite complex.
It’s never too late to show your product some love
NOVEMBER 28, 2016
A few tips to launch or improve any product. You start building a product. Product, energy, money… will it all go down in flames? Every product has to be meaningful and serve some purpose, otherwise people won’t use it. Interviews / Opinions Product Development Tips
10 Top Tools to Develop First-Rate Product Demonstration Videos
AUGUST 12, 2016
Before they buy a product or approach your sales team, they do extensive research by going through your website and seeking information from other sources. In this context, product demonstration videos can powerfully evangelize your high quality products in no time.
ADDIE vs AGILE: How to set up a fast and effective eLearning production process
APRIL 21, 2016
The best production process isn’t the one that gets course content before an audience as quickly as possible. So it makes sense to develop a production process that involves all stakeholders and provides a transparent system everyone can follow.
Text-to-Speech Costs – Licensing and Pricing
NOVEMBER 18, 2010
The other posts are: Text-to-Speech Overview and NLP Quality , Digital Signal Processor and Text-to-Speech , Using Text-to-Speech in an eLearning Course , Text-to-Speech eLearning Tools - Integrated Products , Text-to-Speech vs Human Narration for eLearning , and Using Punctuation and Mark-Up Language to Increase Text-to-Speech Quality. Text-to-Speech Examples In this post, we will look more closely at costs of Text-to-Speech and issues around TTS Voice Licensing and Pricing.
3 ways Outsourcing Elearning Development can reduce training costs
AUGUST 17, 2016
Many organizations need help building effective elearning for their people so they turn to elearning development agencies ( like Learnkit ) to outsource elearning production. The post 3 ways Outsourcing Elearning Development can reduce training costs appeared first on.
Product Review: EasyGenerator Rapid Content Authoring Tool
APRIL 26, 2011
Vendor can create a component so you can push directly into your LMS, without having to upload it directly (extra cost). The result of course, is you do not want to do anything, which is sad considering the robustness of ease of use of the product. . EasyGenerator.
Product Review: Cornerstone OnDemand
DECEMBER 12, 2011
The hype on the product was huge, after all, the company’s revenue has increased significantly over the past two years. Search Connect – their search capability within the product. Product in general. In 1982 a film called Tron appeared on the silver screen.
The Hidden Cost of Open Source LMS
MARCH 11, 2015
The term free is usually a misnomer; there is almost always a cost associated with using open source LMSs. You search the internet for free LMS and click on the first search result for an open source product that looks good.
How Much Does an E-learning Course Cost?
FEBRUARY 10, 2017
We are often asked “How much does an e-learning course cost?” Yet, it is a fact that the cost of e-learning course development depends on many factors. . All these factors influence its cost. The cost of the course varies based on all these factors.