Learning leaders know that keeping your team’s skills sharp is essential for success. Using a learning management system (LMS) can transform how you approach employee training and help to automate and modernize your manual training processes. In this blog post, we’ll cover the top 5 benefits of using an LMS for workforce training, plus a bonus benefit at the end. An LMS can help you:
- Save time and money
- Set the foundation for a flexible and scalable online training program
- Centralize your learning and deliver data insights
- Improve knowledge retention
- Ensure mandatory training is offered & completed
- Bonus Benefit: Maximize your training investment with integrations
Save time and money
Traditional training methods can be expensive and time-consuming with costs for travel, materials, facilities and in-person instructors quickly adding up. With an LMS, businesses can save on those hard-cost expenses and instead put those resources toward other projects. Employees can complete training at their own pace without disrupting their workday, boosting productivity.
Set the foundation for a flexible and scalable training program
An LMS allows employees to access training courses from any device, at any time. Whether they’re in the office or working remotely, employees can finish courses on their own schedule.
In addition, as your company grows, so will your LMS requirements. Flexibility is an important part of an LMS. If you choose the right one it can easily scale to onboarding employees or growing departments without compromising quality.
Centralize your learning and deliver data insights
With an LMS, all your training materials and information are stored in one place making it easy to manage and accessible to all users. Course progress, test scores, employee participation and evaluations are centralized and available in just a few clicks. An LMS helps ensure your team always has access to learning content and materials at their fingertips.
Improve knowledge retention
One of the most important benefits of using an LMS for training is improved knowledge retention. According to the Research Institute of America, corporate training delivered via an LMS can increase learning retention rates by 25% to 60%, compared to the 8% to 10% seen through traditional methods. This is because employees have control over their learning process through engaging content. Videos, quizzes and interactive activities allow employees to learn on their own and revisit materials if needed.
Ensure mandatory compliance training is offered and completed
An LMS makes it easy to manage mandatory content and compliance training. You no longer need to worry about manually tracking finished courses, the system does it for you. An online LMS offers real-time progress monitoring, so managers can quickly spot and address any training gaps. Some LMSs even integrate with proctoring services. With certifications or required training, keep your team on track by alerting employees as deadlines approach, making sure they don’t miss out on important mandatory training and updates.
Bonus Benefit: Maximize your training investment by sharing that data with other systems
One major advantage of an LMS that many people might need to learn about is the trend toward integrating training data with other business systems, like HR tools. Businesses can connect their Human Resources Information System (HRIS) to their LMS to create effective onboarding training. New employees have fast access to the resources they need to hit the ground running from day one.
An LMS offers an affordable, flexible, and engaging way to deliver training so that you can focus on your training strategy. Find out how DigitalChalk’s LMS can enhance your training programs—sign up for a free demo today!