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In the quest for effective training, evaluation stands as the compass, guiding organizations toward success. But when considering training evaluation, a debate often arises: Should we rely on quantitative metrics—hard data—or delve into more qualitative, nuanced feedback? The answer lies in a combination of both. Understanding Quantitative Metrics Quantitative metrics offer concrete data—think test scores, […]
Metrics have always been an important part of HR, but to many HR professionals, 2022 was the year they became essential. In an incredibly tough job market, a political landscape where everything felt flipped upside down, and a rocky economy, companies were desperate to hold onto their employees as priorities shifted and workers made drastic […]
Do your employees make quarterly or yearly goals? If so, you probably have a system in place whereby you or another employee meets with them to go over their goals. However, these meetings are probably pretty quick—after all, how can you really tell people the goals they set for themselves aren’t a good idea? It’s […]
While many small businesses struggle to adapt to the new way of work brought on by the coronavirus, hiring is an area that seems to be the last thing on some employers’ minds.
Many organizations and operations departments keep detailed metrics on the performance of different teams and individuals. These could include turnaround time on a custom order, average throughput for a common manufactured product, time spent resolving a customer complaint or concern, and many others. These metrics are useful to company management in identifying areas that need improvement, […]
Many organizations conduct financial audits, compliance audits, environmental audits, and other internal audits on a regular basis, but they don’t always conduct audits for their L&D and training programs, which is mind-boggling, seeing as how effective L&D and training programs have been proven to increase an organization’s bottom line and retain more engaged employees longer.
Organizations are losing around $13.5 million each year (per 1,000 employees) due to ineffective training programs. And many of those training programs are ineffective because they’re never audited or evaluated on a continual basis.
In two previous posts, we’ve been discussing the importance of measuring onboarding efforts, as well as some basic steps toward developing a measurement program. Here, we’re going to look at some specific types of both qualitative and quantitative measurements.
Continuing from yesterday’s post, here are the five more essential metrics you’ll want to track to ensure your virtual training programs remain effective.
Virtual training offers many benefits to your organization. According to information and research parsed by Cloudshare: