A Guide to Workforce Training when on a Tight Budget
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Kamy Anderson Kamy Anderson
A Guide to Workforce Training when on a Tight Budget

A lot of employees feel that they are not achieving their full potential at work. Plus, one out of three people leave their organization within the first year, so the only solution companies can turn to is workforce training. By training employees, business owners can increase productivity, but more importantly, they can manage to motivate and engage employees which leads to better collaboration.

However, the problem arises when an organization is running on a tight budget. If we take a look at statistics, 58 percent of organizations spend more than $1,000 per learner on training, but still, an analysis confirms that there is a way to meet employee professional development needs and yet manage to save pennies. Welcome to the world of e-learning and its modern innovations.

More 87 percent of users already have an LMS (learning management system) solution, and by the end of 2017, a whopping 98 percent of all organizations will use digital learning as an effective business strategy. Nonetheless, it all comes down to the preferred approach, hence, here is a small guide to help you found your training weapon of choice.

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