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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. Those assigned to train the new hire may be counting every minute away from their existing tasks, eager for their new colleague to immediately pick up the slack. BusinessWire) Employee turnover costs U.S.

Cost 93
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How to Leverage Interactive Learning Tools for Engaging Training Experiences

Kitaboo

This blog talks about leverageinh Interactive Learning Software for engaging training experiences. The importance of interactive training experience as an essential learning tool for employees cannot be emphasized enough. It also helps L&D professionals to successfully tackle some of the skill training challenges.

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Employee Turnover Statistics That Will Scare Your HR Team Into Action

KnowledgeAnywhere

One significant part of it is high-quality training. Statistics make the problem highly visible. Bureau of Labor Statistics ). Employee turnover costs U.S. The Real Costs of Employee Turnover. To calculate the real costs of turnover for your company, consider implementing a cost tracking system.

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How to Solve Hiring Challenges with Staff Augmentation

Infopro Learning

Recent statistics from the Talent Climate research initiative  report  indicate that it now takes an average of 44 days to appoint people, up from 43 a year ago, rising by a full day in Q1 2023. Staff augmentation eliminates many of these costs. This is a concerning rise in the time required for employers to fill open positions.

Metrics 221
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Who Needs Training? 1/3 of Americans Receive No Formal Training From Their Employer

Association eLearning

An online survey conducted by Ipsos Market Research and Consulting Firm has turned up some shocking statistics. 30% of Americans surveyed said that they never received any formal training from their employer. Yet, formal workplace training seems to positively correlate with workplace engagement. Train everyone.

Training 225
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Fascinating eLearning Statistics 2022

Learngenix Blog

In short, eLearning is the process of education or training electronically. eLearning Market Size and Industry Growth Statistics The eLearning industry can be profitable. Companies will rely more on eLearning sources for training, reducing expenses overall but increasing the eLearning market size. billion as of 2021.

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The Latest Workplace Bullying Statistics: How Common Is Bullying at Work?

KnowledgeCity

The Latest Workplace Bullying Statistics: How Common Is Bullying at Work? Investing in training courses such as those KnowledgeCity offers is another effective tactic to prevent and address workplace bullying. The stress of being bullied can also cause difficulty in making decisions, which will further slow down workplace procedures.