Did you know that for every $1 spent on learning and development increases nearly $5? When the right courses are chosen to support businesses, the ROI can increase substantially, but L&D can look different across every business.
One of the best ways to understand if your business’ L&D is effective is to look at your employees. 25% of employees report that they forget what they learned almost immediately. One of the reasons for the limited knowledge retention could be the fact that 24% of their training isn’t even relevant to their role. By paying attention to what your employees are reporting about their training, you can take the necessary steps to improve L&D and increase your ROI.
Corporate learning programs can help provide more relevant and enriching training programs that will benefit employees and help the overall business improve. Topics can range from soft skill development to product training and reskilling. When the necessary time is taken to choose the best programs for your employees, there can be incredible rewards.
To learn more about finding the best learning and development tools to train your employees and increase your overall ROI, take a look at the infographic below: