Employee development isn't just a buzzword; it's a business essential. Companies that invest in employee training see 24% higher profit margins than those that don't, according to a study by the Association for Talent Development (ATD).
Additionally, 94% of employees say they would stay longer at a company that invests in their learning and growth (LinkedIn Learning). These numbers prove that developing your workforce benefits both employees and the bottom line.
But how do you ensure your programs are effective? Find out the answer in this comprehensive article as we explore employee development tools and strategies!
With shifting market demands, companies need employees to stay agile. Training helps bridge skill gaps, improve performance, and boost morale.
Employee development tools are essential in the workplace since they lead to improvements in:
Whether it's onboarding, leadership training, or compliance education, the right tools ensure seamless knowledge transfer and application.
Modern employee training programs are designed to go beyond outdated methods like static manuals or unengaging slide decks. They come with advanced features with a focus on interaction, engagement, and measurable results. Some of these features include:
Customization
No two businesses are alike, and their training programs shouldn't be either. With customization features, companies can ensure training materials align with their specific goals, industry standards, and workforce skills.
For Example: A retail company might offer sales training with role-playing scenarios, while a tech firm might prioritize software development tutorials. Both can design content that feels relevant and impactful.
Mobile Accessibility
The modern workforce expects flexibility, and mobile accessibility offers just that. It is crucial to ensure continuous learning, especially for employees on the go or working remotely.
Mobile-friendly platforms offer 24/7 access to the learning material, enabling employees to learn during commutes, lunch breaks, or downtime.
For Example: A global sales team can complete training modules while traveling, ensuring they are equipped with the latest strategies without missing work hours.
Gamification
Research shows that employees are 89% more likely to complete gamified training programs. It taps into the natural human drive for competition and accomplishment, ensuring better retention of material.
With gamification, mundane training tasks can be converted into interactive and enjoyable experiences. It includes quizzes and challenges, allowing employees to test their knowledge and see how they rank against their peers.
Furthermore, badges and rewards help companies recognize the achievements of high performers, which can be a source of motivation for them.
For example: A software company might introduce a gamified training program where employees earn points for completing modules, with top performers receiving rewards or recognition.
Analytics And Reporting
Modern employee training programs come with analytics and reporting tools that provide detailed insights into employee performance and engagement. The use of these tools helps track progress, identify and gauge performance metrics, and ensure training programs are effective.
Moreover, they also help companies track the direct impact of training programs on performance and productivity.
For Example: A logistics company could benefit from reporting tools to identify gaps in safety training, addressing these areas before they result in accidents or compliance issues.
Integration Capabilities
Integration ensures training tools work harmoniously with existing systems like human resource (HR), payroll, and performance management software. It allows employees to log into a single platform to access training, track their progress, and receive feedback.
For Example: A company using SuccessFactors for performance tracking can integrate with Skillsoft to recommend relevant courses based on employee evaluations. This alignment promotes professional growth while keeping operations efficient.
Skillsoft Integration With SuccessFactors: A Comprehensive Solution
When it comes to integration, Skillsoft and SuccessFactors are a winning combination. Skillsoft provides thousands of e-learning courses across industries, while SuccessFactors helps track and manage employee progress.
How Does It Work?
Why Does It Stand Out?
This integration makes learning easy and centralized. Employees aren't left juggling platforms. It also ensures alignment between training efforts and business goals.
For companies with global teams, this solution works well to manage diverse needs. Skillsoft's library includes topics like leadership, technology, and compliance—catering to everyone.
Compliance training is a cornerstone of effective workforce management that ensures your employees adhere to legal regulations and company policies. Unfortunately, the traditional methods often involve lengthy, disjointed processes that can overwhelm learners and managers. This is where an employee development tool like Skillsoft comes in handy. It streamlines compliance training and makes sure it is efficient, engaging, and easy to manage.
By investing in streamlined compliance tools, businesses can reduce risks, improve training outcomes, and foster a culture of accountability.
Selecting the right employee development tool is crucial as it can transform your training programs, boost employee engagement, and drive organizational growth. With plenty of options available on the market, it's essential to evaluate tools based on your business's specific needs and goals. Here are some key factors you need to consider:
Schedule a demo with leading platforms like Skillsoft to see how they can align with your business goals.
Investing in employee development tools is no longer optional—it's imperative for businesses aiming to thrive in today's dynamic environment. With features like customization, gamification, mobile accessibility, and seamless integration, modern tools enhance employee engagement, ensure compliance, and drive measurable results. By carefully selecting solutions that align with your organizational needs, you can create a culture of continuous learning, improve retention, and boost overall productivity.