the skillsoft effect - uk

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01. INCREASED EMPLOYEE ENGAGEMENT skillsoft.com Take a closer look. Visit our YouTube channel for course samples, customer success stories and more. 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 employees through eLearning benefits businesses: 11% average increase in employee satisfaction 3 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, 2016 4 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 2016 7 “How eLearning Dramatically Reduces the Corporate Training Costs.” Christopher Pappas, eLearning Industry, July 10, 2014 02. INCREASED PRODUCTIVITY 04. DECREASED COSTS Implementing eLearning helped Ernst & Young, IBM, Cisco, all reduce training costs by 30% or more. 7 05. DECREASED TURNOVER Learning innovation drives reduction in staff turnover 5 9% Skillsoft's Impact 8/10 end users apply what they learned within 6 weeks 4 90% 75% 97% of respondents experienced a marked improvement in skills critical to their jobs 4 of end users would recommend Skillsoft eLearning to a friend or colleague 4 of learners said the eLearning content is relevant to their roles in the workplace 4 97% £ £ 90% Businesses with a strong learning culture have employee 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% 03. INCREASED REVENUE 84% greater year-over-year revenue improvement per FTE for companies that use mobile learning 6 The Skillsoft Effect: 8.2% increase in sales 3 £ £ £ £ £ £ 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 Personal Development 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%

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Page 1: The Skillsoft Effect - UK

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

Take a closer look.Visit our YouTube channel for course samples, customer success stories and more.

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%