Last updated: 18.12.13

E-learning helps firms stay within their training budget

The vast majority of learning and development (L&D) departments within UK businesses are struggling to achieve their goals with the resources they've got, but there are a number of ways they can improve company performance and stay within budget.Technology is one of the best existing methods for cutting costs, according to a post on Training Zone, thanks to the many learning management systems, apps and educational platforms being rolled out at present.In-house training sessions and workshops are pricey to run because of the expenses incurred in getting remote workers and employees from other offices to attend the meetings, but this can be avoided with a secure and informative website.Bosses can simply upload training materials to this online portal for staff to access from wherever they are, and at whatever time is most convenient for them. Not only is this beneficial to the company budget, it is also better for workers, and provides them with a way of learning that is more engaging and interactive.As well as e-learning, managers should also look to implement a social element to their digital platform that allows employees to discuss certain areas of training with one another and share their experiences.If a firm is using the internet to help with L&D for the first time, it should turn to a training provider that has years of expertise in rolling out online courses and learning management systems, such as Virtual College in Ilkley, West Yorkshire.The company boasts a range of digital offerings covering various key areas of workplace learning, and all modules are reasonably priced so bosses can be sure they won't have to stretch their budget to its limits to accommodate the resources.According to the Training Zone blog, organisations can also cut costs by comparing prices of the various L&D options rather than rushing into a decision and buying into the first option that becomes available to them.