Corporate training is falling to upskill the workforce.
70% of employees report they don't have the skills for their current role while the half-life of skills has decreased from 5 years to 4 years since 2017. Yet, only 12% of employees have applied skills learned from traditional learning and development programs to their job. At a time when professional development programs should differentiate a company, it’s holding the workforce back.
Companies benefit in three ways:
Cost savings: OneRange is more cost-effective than traditional forms of training and development because companies pay for upskilling resources only when utilized by employees.
Increased productivity: Employees who have access to OneRange are more productive and perform better in their jobs, especially engineers who need to continuously learn to keep up with their job requirements.
Better retention: Companies that invest in the development of their employees are more likely to retain them, reducing the cost of turnover.