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Strategic Learning: Mapping the Path to Upskilling and Reskilling Excellence

Infopro Learning

While upskilling revolves around refining and enhancing existing skills within the same occupational realm, reskilling takes a more transformative route by equipping individuals with the expertise required for an entirely new role. These statistics are paramount as they underscore a genuine desire among people to acquire new skills.

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The Role of DEI in Innovation and Profitability: Statistical Proof That Diversity and Inclusion Works

KnowledgeAnywhere

McKinsey, "Diversity Matters," 2015 In this article, we'll dive into the importance of DEI training, statistical proof it benefits corporations and employees, and how your organization can implement diversity and inclusion into your training program. Teams that follow an inclusive process make decisions 2X faster with 1/2 the meetings.

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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. Between recruitment and onboarding, most companies are eager to have the new professional dive into the role. It can be tempting to seemingly save the time and cost of training new employees right away.

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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.

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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.

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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?

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10 VR & AR Training Statistics You Need to Know

Roundtable Learning

With convincing statistics, organizations are integrating digital technologies into their learning ecosystems sooner. Fully immersive learning experiences give realistic previews of roles and hone the learn by doing philosophy, allowing learners to make mistakes in a safe environment. Statistics You Need to Know 1.