the skillsoft effect - uk
TRANSCRIPT
0 1 . I N C R E A S E D E M P L O Y E E E N G A G E M E N T
s k i l l s o f t . co m
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eLearning: grow your employees, grow your business
Learning technology has a strong correlation to improved KPIs.After implementation, organisations saw more than a 10%
change in the following areas:1
53%INCREASED EMPLOYEE
ENGAGEMENT
53%INCREASED
PRODUCTIVITY
40%INCREASED REVENUE
26%DECREASED
COSTS
16%DECREASED TURNOVER
£
More evidence that developing employeesthrough eLearning benefits businesses:
11% average increase inemployee satisfaction3
1 “2016 Brandon Hall Group Learning Technology Study.” David Wentworth, Brandon Hall Group, 2016. 2 “Becoming Irresistible: A New Model for Employee Engagement.” Josh Bersin, Deloitte Review Issue 16, Deloitte University Press,
January 26, 2016. 3 “How Skillsoft Moves the Needle.” Skillsoft, 20164 2016 Impact Analysis Benchmarks. Skillsoft, 2016.5 “2014-15 Towards Maturity Benchmark Report | Modernising Learning: Delivering Results.” Towards Maturity, November 2014. 6 “Employees Need Modern Learning to Aid Customers and the Organization” Zach Lahey, Aberdeen Group, January 20167 “How eLearning Dramatically Reduces the Corporate Training Costs.” Christopher Pappas, eLearning Industry, July 10, 2014
0 2 . I N C R E A S E D P R O D U C T I V I T Y
0 4 . D E C R E A S E D C O S T S
Implementing eLearning helped Ernst & Young, IBM, Cisco, all reduce training costs by
30%
or more.7
0 5 . D E C R E A S E D T U R N O V E R
Learning innovation drives reduction in staff turnover5 9%
Skillsoft's Impact
8/10 end users apply what they
learned within 6 weeks4
90%
75%
97%
of respondents experienced a marked improvement in skills
critical to their jobs4
of end users would recommend Skillsoft eLearning to a friend
or colleague4
of learners said the eLearning content is
relevant to their roles in the workplace4
97%
£
£
90%
Businesses with a strong learning culture haveemployee engagement and retention rates
30-50%
higher than their peers.2
Learning innovation drives a 14% improvement in productivity 5
73% of learning leaders report positive changes in staff behavior 5
The Skillsoft Effect: 8.1% improvement in cycle time 3
14%
73%
8.1%
0 3 . I N C R E A S E D R E V E N U E
84% greater year-over-year revenue
improvement per FTE for companies that use mobile learning6
The Skillsoft Effect:
8.2% increase in sales3
£ ££
£££
44%reduction in required
annual investment in L&D
97%of top talent has been
retained in the business
89%believed it helped them
achieve key PersonalDevelopment Plan milestones
The Skillsoft Effect:
an estimated value summary showed a
benefit-to-cost ratio of
£8.21:£1
The Skillsoft Effect:
91%employee engagement rates at JCI increased to
The Skillsoft Effect:
The Skillsoft Effect:
75%