Measuring the ROI of eLearning: How to Prove Its Worth
- On-demand
- Nov 19, 2024
- 1 min read
Updated: Dec 6, 2024
Organizations often hesitate to invest in eLearning due to concerns about ROI (Return on Investment). However, studies show that eLearning can increase productivity by 43% while reducing training costs by up to 50%.
Metrics to Track ROI
Course Completion Rates: High engagement indicates content relevance.
Knowledge Retention: Pre- and post-course assessments measure impact.
Cost Savings: Compare the expense of in-person training versus online.
Examples of Success
eLearning clients report saving thousands annually on in-person workshops by adopting eLearning modules. Similarly, Stratify's helps companies identify skill gaps and upskill agents efficiently.