Author: Brian Wallace

For modern businesses, learning and development is becoming more and more important year after year. Employees are becoming increasingly more skilled and highly trained, and this takes a lot of input from employers. Creating and implementing courses on compliance, soft skills, and upskilling, to start, are increasingly popular and important. ROI Matters It’s important then to gain an understanding of how these programs and courses are affecting the business. This is why the ROI or Return on Investment is so important, even when only 8% of businesses calculate it. This is understandable though when the amount of variables that need…

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With the ongoing evolution of the business landscape, learning and development (L&D) stand as a primary conduit for aligning employee capabilities with organizational goals. Millions of employees globally engage annually in L&D programs, encompassing topics such as compliance (70%), soft skills (51%), and upskilling (50%), among others. In the post-COVID era, corporate investment in these learning initiatives has notably increased. Investment trends in 2022 revealed that companies, irrespective of size, significantly prioritized employee learning. Small companies (100-999 employees) invested $1,400 per learner, while large companies (10,000+ employees) allocated $1,700 per learner. Amid this growing commitment, assessing the return on investment…

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