Employees are the lifeblood of an organization. They run almost all the levels of an organization. They carry forward the mission of an organization, which is essential to attract and influence both clients and customers.
Since employees are an invaluable asset to the organization, it becomes imperative for the organization to train employees to perform their roles and responsibilities properly. Such training is also important to ensure that the employees help in meeting their growth projections. But today, as competition and the cost are increasing rapidly, organizations are increasingly under pressure to acquire and retain the existing talent.
It’s a known fact that when employees enter an organization, they’ve high spirits and are keen to work and get trained. But soon, they feel distracted and disconnected from the organizational work culture and the training itself. This further pushes them to leave the organization in the middle and can put the mere existence of the organization in danger.
High turnover rates can negatively impact both the employees as well as employers. For instance, the existing employees will be more burdened, their morale will be decreased, and their productivity will be affected too. On the other hand, the employers also suffer as their branding in the market falls, and they fail to meet their targets and sales.
Hence, the only way to reduce employee turnover is to invest in employee development through corporate training programs using a learning management system or an LMS.
LMS is a new-age learning tool that paves the way for flexible and personalized learning. It keeps employees engaged and growing continuously.
Let us now understand how employee turnover can be reduced using a learning management system.
- On the go learning-
Usually, employees find it hard to manage work and training simultaneously. Juggling between both work and training makes them feel exhausted. Too much burden can be a potential reason for them to walk out.
However, using an LMS, you can provide on-the-go training to employees. This means they can manage work and training simultaneously without feeling burdened. For instance, during their free time or while commuting, the employees can access the eLearning resources on their mobile devices. They can access their eLearning courses anytime and anywhere without worrying about what time or place is it.
Such a great amount of flexibility ensures that employees at no point during their training feel disinterested.
- Interactive interface-
Unlike on-the-job training, LMS uses interactive interfaces that keep employees engaged. The color, fonts, pictures, and design of the LMS platform make the corporate training program visually appealing. It also ensures seamless navigation that allows employees to operate and use the LMS platform easily.
- Variety of content-
Traditional on-the-job training provides employees with only text-based material. Such materials might be informative, yet they fail to create an impact on employees’ minds.
However, an LMS gives an opportunity to online instructors to play with the eLearning content. A wide variety of content, ranging from videos, audio, podcasts, infographics, animations, etc can be used.
For instance, you can create animated onboarding videos and use interactive videos to provide training in different fields. Such a variety of eLearning content caters to a wider audience. The auditory learners can benefit from podcasts, while the visual learners can understand better from videos. This way employees can never lose interest in learning.
Communication between employees and their seniors or administrators is very important not just to convey important information but also to bring all together under a common roof. Informal communication helps employees to make new friends with whom they can openly interact and ask questions.
LMS comes with social learning features that make learning more fun. The discussion forums, live chat rooms, ask your experts, personal chat room, etc., enables employees to communicate with their peers and seniors.
For instance, you can integrate social learning features to the sales enablement platform where employees can discuss eLearning assignments and projects and can also discuss online training assessments with their online instructors.
- Compact and crisp information-
The size of the learning material matters a lot. If the learning resources are bulky and have very difficult language, then employees can hardly comprehend anything from them. Lack of understanding will affect their performance and make them feel lost, and hence employees might leave the organization and training immediately.
However, LMS supports microlearning that helps online instructors to create small packets of eLearning modules and resources. The compact and crisp information can be easily digested and assimilated by the employees.
For instance, online instructors can make mind maps for sales training employees that can help them in the last-minute revision of online training assessments.
Rewards and recognition are a must to boost the confidence of employees. Lack of appreciation can distance them from your organization. In organizations where the size of the workforce is huge, it is difficult for online instructors and team leaders to go and appreciate every employee personally.
But with an LMS, you can completely automate your reward system of the organization. For instance, when employees do great in their eLearning projects, assignments, and assessments, you can give them virtual coins, badges, trophies, flashcards, and other incentives. Therefore, employees will feel a sense of accomplishment and pride in their work and performance.
Also, it will reduce the burden on the L&D team to appreciate every employee personally. Employees who score outstandingly well in online training assessments, their names can be displayed on the leaderboards. This will create healthy competition at the workplace and keep your employees closer to you.
- Reduced expenses of employees-
In on-the-job training, employees had to bear all the expenses. Traveling cost alone is the major reason for high employee turnover in an organization. For instance, many employees have to even relocate to a new location to get trained and have to pay huge rents and bear transportation costs.
However, with an LMS, you can ensure that employees get trained easily without relocating to a new location. With the help of an LMS, an organization located in Sweden can easily train an employee residing in the Netherlands. Thus, LMS is a cost-effective solution for employee training.
- Rapid and effective training-
Employees feel disenchanted when they’re not being given the required attention at the workplace. When they find no one to assist them and guide them, they might leave your organization right away.
However, with an LMS you can ensure rapid and effective training of employees. The AI-powered LMS automatically recommends the employees eLearning courses that are in high demand and are in their best interest. When employees get what they need, they are more likely to stay with you for a longer period.
Organizations that invest in LMS can reduce employee turnover significantly. An LMS offers self-directed learning that enables employees to manage the pace and style of their learning. It is the most convenient, flexible, and cost-effective way to train employees.