If there’s one multipurpose tool in your HR arsenal, it’s a learning management system (LMS).
In fact, 64% of learning and development pros agree that an LMS shifted from “nice to have” to “need to have” in 2021, according to LinkedIn. An LMS helps maintain compliance, specifically for industries like construction where failing to adhere to government-mandated workplace safety standards can result in major penalties. But an LMS can do more than simply cover your backside, it can be used to improve and develop your workforce.
Read on to discover five different ways an LMS can pick up the slack with employee development and engagement, as well as compliance and recordkeeping.
Onboarding
No training? Big problem. Only 21% of new hires intend to stay at companies that do not offer training for their current jobs.
Use an LMS during onboarding to create a culture of learning from day one.
- Assign core onboarding materials, mandatory for compliance, like sexual harassment training
- Provide job-specific training, essential when hiring entry-level workers
Source: IBM
Safety Training
87% of contractors are concerned the available workforce will lack adequate skill levels. An LMS makes sure safety skills, including cyber safety, aren’t lacking.
- About 20% (1,061) of worker fatalities in private industry in calendar year 2019 were in construction – accounting for one in five worker deaths for the year.
- Employee negligence or accidental loss are the main causes of company data breaches.
Source: U.S. Chamber of Commerce, U.S. Department of Labor, Shred-it
Empower Upskilling
59% of learning and development pros say upskilling and reskilling is the top priority for 2021. Using an LMS makes it easy.
- Gen Z workers watched 50% more learning content in 2020 vs. 2019
- 54% of all employees will need reskilling and upskilling by 2022
Sources: LinkedIn, World Economic Forum Jobs Report
Improve Productivity
Simply put, training equals increased productivity and engagement.
- 10% – The amount productivity increases when teams are well trained
- 75-80% – Percent of managers believe effective training is critical to project success and meeting project deadlines
- 92% – Percent of US employees say learning something new on the job makes them more motivated and engaged in their work
Sources: Sitel Group, IBM
Centralize Certifications
Tracking certifications and professional learning is essential for performance management, career planning and compliance processes. An LMS centralizes all completions.
- 68% – Percent of employers who incentivize the completion of training courses
- 26% – Percent of employees who say they can apply for a promotion after completing training
- HR, project management, sales, desktop analyst and networks – the certifications companies value most
Sources: Glassdoor, Sitel Group
Next Steps
- Evaluate your training program to determine if it can be leveraged throughout the employee journey.
- List what training materials you need to keep employees safe and the company compliant.
- Look for gaps in your current employees’ skill levels.
- Identify what positions will need to be filled in the future and which employees are capable of filling the roles.
Learn More About Your LMS
Download the infographic "5 Ways to Get More Out of an LMS