How to maximize employee engagement in L&D while minimizing costs
Employee engagement in learning and development (L&D) programs is crucial for the success of any organization. Engaged employees are more productive, more motivated, and more likely to stay with the company. However, with tight budgets and limited resources, it can be challenging for organizations to create L&D programs that engage employees while minimizing costs. In this article, we explore strategies for maximizing employee engagement in L&D programs while minimizing costs.
For an in-depth look at how to maximize employee engagement in learning, make sure to read our free eBook HR 2025: The Future of Employee Engagement.
According to a study by Gallup, businesses where employees are highly engaged in learning can see an increase in productivity of up to 18%.
Get more insight into employee learning needs
One key strategy for maximizing employee engagement in L&D programs is to make the programs relevant to the employees’ needs and interests. According to a study by Deloitte, only 15% of employees feel that the L&D programs offered by their employer are relevant to their job. By conducting a needs assessment and involving employees in the design and delivery of L&D programs, organizations can ensure that the programs are relevant and engaging.
Personalize the learning experience
Companies can personalize their learning offer by using technologies such as artificial intelligence and machine learning to create personalized learning pathways for each employee.
AT&T offers a great example of this. The company’s Chief Learning Officer, John Moeller, developed an innovative strategy to make sure the company’s employees were engaged in their learning and development programs. The strategy focused on leveraging technology to create personalized learning experiences for each employee. By using technologies such as artificial intelligence and machine learning, Moeller was able to create a more personalized learning experience for each employee. At the same time, Moeller was able to minimize costs by using technology to optimize the learning and development process. The company was able to reduce its costs by 30%, and the employees were more engaged in their learning and development programs. You can read more about AT&Ts personalized approach to learning here.
Offer bite sized learning
Studies like the survey completed by Software Advice show that bite sized learning can increase employee engagement in learning by as much as 50%. Microlearning involves breaking down the learning content into short, bite-sized chunks which are easier for employees to digest. It helps employees learn knowledge on the spot, when needed, and also improves knowledge retention by up to 80% according to RPS Research.
Look into engaging new learning technology
Another strategy for maximizing employee engagement in L&D programs is to use technology and e-learning solutions. E-learning has been shown to have a higher engagement rate than traditional classroom-based training, as it allows employees to learn at their own pace and on their own schedule. Additionally, e-learning platforms can also be used to deliver interactive and gamified content, which has been shown to increase engagement and retention.
Leverage learning created by your employees
Furthermore, leveraging employee-generated content (EGC) is another effective way to increase engagement in L&D programs while minimizing costs. EGC refers to the use of content created by employees, such as videos, podcasts, and blog posts, for training and development purposes. This not only reduces the costs of L&D programs but also promotes a culture of continuous learning and employee engagement.
Offer hybrid-, virtual- & remote learning
Another way to maximize employee engagement in L&D programs while minimizing costs is to make the programs accessible to all employees, regardless of their location or schedule. By using virtual instructor-led training (VILT) and other remote learning solutions, organizations can ensure that all employees have access to L&D programs, regardless of their location or schedule.
Try negotiating lower L&D costs
Another cost-saving strategy is to negotiate lower costs with external training providers. With the current economic climate as it is, many training providers could be willing to offer discounts to acquire or keep your business.
Explore more cost-effective L&D pricing models
Finally, organizations can also explore cost-effective pricing models for e-learning solutions based on their learning needs. As highlighted in our article Elearning pricing: Understanding the costs involved, it’s important to consider factors such as the number of users, the duration of access, and the level of support when choosing a pricing model for e-learning solutions.
Look into free L&D resources
Cost is always a concern when it comes to L&D programs. However, there are several ways to minimize costs while still maximizing employee engagement. One way is to use open educational resources (OER) which are freely accessible, openly licensed text, media, and other digital assets that can be used for teaching, learning, research, and other purposes. By using OER, organizations can significantly reduce the costs of L&D programs without compromising on quality.
For more information on cost-saving strategies for L&D, have a look at our blog articles on 10 ways to save money on learning & development in 2023 and E-Learning vs Traditional Training: A Cost-Effectiveness Analysis.
In conclusion, maximizing employee engagement in L&D programs while minimizing costs is crucial for the success of any organization. By making L&D programs relevant, using technology and e-learning solutions, leveraging employee-generated content, making programs accessible to all employees, using OER, negotiating lower costs with external training providers, and exploring cost-effective pricing models, organizations can create engaging and effective L&D programs that meet the needs of employees while minimizing costs.
If you are looking for low-cost ways to optimize your company’s L&D and engagement levels, check out our free eBook on How to Increase the Effectiveness of Your Company’s Training & L&D.
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