article thumbnail

Stunning Statistics That Prove The Power Of eLearning

Schoox

Check out these shocking statistics that show how valuable eLearning is in today’s corporate environments! In turn, this resulted in reduced costs, and better overall profitability. The post Stunning Statistics That Prove The Power Of eLearning appeared first on The Corporate Training Blog. We’ll convince you!

article thumbnail

3 Statistics that Prove the Business Value of Online Learning

TOPYX LMS

It can provide a competitive advantage and reduce training costs. The following statistics prove that online learning is well worth investing in. That’s a question most organizational leaders need an answer to before they decide to purchase and implement a learning management system or other online learning tools.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Hidden Costs of Not Training Employees

KnowledgeAnywhere

Hiring a new employee typically costs three to four times the position's salary, according to Edie Goldberg. It can be tempting to seemingly save the time and cost of training new employees right away. However, there are hidden costs to not training correctly - even if they don't show up for a while!

Cost 92
article thumbnail

Elearning Statistics 2020

Ed App

This article uncovers these statistics and more to see how professional Learning & Development (L&D) have really shifted and how you can deliver the best training to your teams as a result. The statistics: In 2015 , the mobile learning market was worth $7.98 eLearning on the rise. billion (Tech Jury, 2020). Have any questions?

article thumbnail

5 Key Employee Retention Statistics for 2021

Edume

The loss of skills, customer relationships, and knocks to employee morale of high employee turnover can lead to huge direct and indirect costs for businesses. To isolate one direct cost, the average financial cost of attracting, hiring, and training new staff is $4,129 per hire, and takes around 42 days.

article thumbnail

10 VR & AR Training Statistics You Need to Know

Roundtable Learning

With convincing statistics, organizations are integrating digital technologies into their learning ecosystems sooner. We’ve put together a list of VR & AR training statistics you need to know to help the right people tune in. Statistics You Need to Know 1. Say no more – we are here to help. VR is here to stay!

article thumbnail

How much is employee turnover costing your organization?

Xyleme

A 100-person organization that pays an average salary of $50,000 could have employee turnover & replacement costs up to $2.6 Did you know that employee turnover can cost a company 1.5-2 That means losing an employee who earns $75,000 could cost your organization up to $150,000. million per year.

Cost 95