Learning and development initiatives serve the purpose of keeping your employees upskilled, engaged, and empowered. Not to forget, it’s a way to show employees that the company is invested in their growth aspirations too. And it is here that learner experience comes in. This is because learner experience is about creating avenues for learners to grow while exciting them to learn and develop. In the grand scheme of things, creating a positive learning experience is what organizations need to focus on for better training results.
Millennials currently make up 75% of the modern workforce. 87% of this segment believes that professional development and growth in career are two important factors. Ceridian reports that 91% of top performing employees rate learning and development opportunities as critical to them. Certain statistics indicate that companies who invest in learning and development enjoy 24% higher profit margins. Learning and development is central to an organization’s development and learner experience has a huge role to play in this.
Great learning and development strategy ensures that your employees are content with the efforts made by your organization towards their development. It is also about ensuring that employees remain committed, enthusiastic, and involved which ultimately leads to increased productivity. Organizations that understand this are constantly focussing on creating a culture of learning and development. Which is enhanced by boosting the learner’s experience when interacting with training. However, worrying statistics indicate that many organizations are still unable to get their learner experience right. For example, the average completion rates for MOOC’s averages to 15%. And other studies reveal that the dropout rates for online courses stand as high as 70%. Now given what investment goes into developing such learning initiatives, it is important for us to re-evaluate the way learning is disseminated.