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.
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.
Source: IBM
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.
Source: U.S. Chamber of Commerce, U.S. Department of Labor, Shred-it
59% of learning and development pros say upskilling and reskilling is the top priority for 2021. Using an LMS makes it easy.
Sources: LinkedIn, World Economic Forum Jobs Report
Simply put, training equals increased productivity and engagement.
Sources: Sitel Group, IBM
Tracking certifications and professional learning is essential for performance management, career planning and compliance processes. An LMS centralizes all completions.
Sources: Glassdoor, Sitel Group
Download the infographic "5 Ways to Get More Out of an LMS"