According to a study by go2HR, around 40% of employees leave their job within one year of joining an organization as a result of receiving sub-par training. It means that training is crucial to employee retention.
Most of the company leaders understand the fact that training has a direct impact on employee satisfaction. They, therefore, strive to provide quality continuing education. Apart from providing training to make the employees happy, dozens of industries are legally required to engage the employees to participate in certain types of training. Not only training keeps workers at industry standards, but it also equips them with new skills and increases engagement in the workplace. Tracking employee training enables employers to be aware of the qualifications and certificates possessed by their workforce. It allows employers to better focus their employees, offer efficient training, and increase employee productivity.
Importance of Tracking Employee Training
Providing training to employees is vital for a company’s well being. Tracking job training is an equally important aspect. The primary reason why company leaders make it a point is because tracking employee training keeps them on track with their learning goals.
Two people do not learn in the same way. Learning style and training needs vary for everyone. Administrators can use personalized information to help guide individual employees toward their training goals when keeping a track of employee training. Moreover, when training is tracked, it ensures that employees get the certifications they have earned. For instance, the end goal of some types of training, like compliance training, is certification. At times, companies need to keep records of employee training so they have what they need to grant certifications to qualifying individuals.
Although training is important for both the success of an organization and its employees, managing the tracking aspects of training can be stressful if not organized and that’s where a learning management system (LMS) comes in. Many companies often implement an employee training tracking software solution to streamline and automate the employee training process.
Important Metrics For Tracking Employee Training
The best advantage of online training for employees is that you get to track all of the important metrics on your LMS. It can be great employee training tracking software and an ideal place to deliver and track training simultaneously. Here’s a list of top metrics for your employee training records:
Rate of completion
Progress of module completion
Number of employees who need retraining
Perceptions of the learning experience
LMS Features That Help Companies To Track Employee Training
LMS is a software application that allows you to manage, analyze or deliver an e-learning experience. It grants access to the content for learners and helps you evaluate the results. It can also be used in the documentation, administration, tracking, reporting, delivery of educational content and training programs.
Let’s explore a few features of LMS that makes it easy for administrators to keep track of users’ learning experiences:
Reporting: The “Reporting” feature of LMS gives e-learning administrators instant access to exportable LMS reports and enables them to collate data on user performance and activity, forwarding it to executives without any hassle.
Certification: The certification feature of an LMS makes tracking certification completion easy.
Integration: Integration is one of the LMS features that make tracking training a lot easier. It simplifies internal processes and fosters accurate data sharing methods.
Module Completion: This LMS feature alerts LMS administrators when an employee finishes an e-learning module. It gives them the information they require to help move employees down the learning path and on towards the next e-learning exercise.
Tracking employee training is an important aspect of a company’s growth. An LMS software enables you to deliver your training, create LMS reports, conduct surveys, and use other tracking tools all from a centralized system.