The number one reason employees leave companies is a lack of professional development.
94% of employees say they would stay at a company longer if it invested in their learning and development.
- 92% of employees agree that well-planned employee training programs have a positive impact on their engagement.
Additional source: State of Workplace Training Study 2018, Axonify
Online training programs can offer personalized learning paths designed to provide employees with the skill training they’re most interested in and likely to engage with.
Online training programs can be customized to specific employee professional development goals.
According to the World Economic Forum, one-third of core job skills will change in the next 5 years.
46% of L&D pros say the skill gap at their organization is wider than it was in 2021, and 49% are concerned that employees do not have the right skills to execute business strategy.
Upskilling and reskilling is the top priority for L&D programs all over the world, with 59% of L&D professionals listing it as their #1 priority.
Leveraging personalized learning provided by online training programs allows you to identify and close skill gaps by strategically upskilling and reskilling your workforce.
LinkedIn Talent Insights can show you which critical skills are missing in your organization compared to your peers and help you design a path toward building them.
Professionals say the number one factor that defines an exceptional work environment is having opportunities to learn and grow.
Employees who rate culture highly are 25% more likely to be happy at work and 31% more likely to recommend working at their organization.
- 64% of L&D pros who provided robust learning opportunities saw their organization’s culture of learning grow stronger from 2021 to 2022 — despite the pandemic.
Additional source: Employee Well-being Report 2021, Glint
Online learning platforms give employees throughout the organization the resources to continue learning and growing at their own pace, on their own terms, and whenever they want.
Many platforms, such as the LinkedIn Learning Hub, also host a collaborative community, where team members can see, comment on, or even join each other’s individual learning paths.
Online learning resources are accessible from anywhere and can be produced anywhere, which gives online learners access to a much wider variety of course content and teachers.
Online learning resources can be purchased for whole teams, giving everyone equal permissions to all course content.
Companies that recommend personalized professional development paths on LinkedIn Learning see 69% more hours of learning watched per employee.
78% of learners expressed a need for course recommendations based on their specific career goals and skill gaps.
The number one reason managers recommend learning opportunities for direct reports is “to grow their careers.”
The LinkedIn Learning Hub uses artificial intelligence to identify skills that leading professionals in your industry have on their LinkedIn profiles, providing a benchmark to inform personalized skill-building strategies.
Learning platforms can also allow employees and their managers to self-identify their skill goals, then automatically send them personalized course content to complete them.
Online training videos can be accessed and reviewed whenever the learner needs them.
Many programs offer hybrid learning options, including virtual classroom learning or milestone check-ins with instructors.
Learners who join groups in the LinkedIn Learning Hub watch 29x more hours of learning content.
91% of employees say it’s important for managers to inspire learning and experimentation.
- Research shows that workplace learning is most effective when it’s collaborative.
Additional source: New Study Finds That Collaboration Drives Workplace Performance, Forbes
Learners can join course-based learning groups, share and recommend courses from inside the learning platform, and watch courses together.
Online training platform dashboards can provide managers an easy way to monitor, comment on, and guide their direct report’s professional development.
Companies that excel at internal mobility are able to retain employees for an average of 5.4 years—whereas companies who could not average 2.9 years.
Employees without an L&D department find it much more difficult to change roles internally than to simply get a new role outside the company.
- Organizations that take a more open approach to leadership development outperform those that limit growth to management by 4.2x.
Source: Global Leadership Forecast 2018 by DDI, The Conference Board, and EY
Online learning development paths can be customized to each individual learner’s professional goals, allowing each member of your organization a path that suits their ambitions.
Online learning platforms such as LinkedIn Learning have hundreds of courses on Leadership and Management skills, which employees of all levels can take and benefit from.