eLearning is an expression used to define more and more common assimilation of IT into the sphere of education. Online Learning contains for instance different multimedial educational courses on CD-ROM or the Internet, videoconference used to improve education, virtual studies with the use of PC, electronic communication between students and teachers and a lot more different e-Learning tools.
It may seem that eLearning platform can only be used in terms of distant learning of individual, however, this is not true. Online e-Learning is successfuly used in companies to train their employees. It is worth especially in case your employees are geographically distributed (typically sales representatives).
Online Learning also reduces costs connected with engagement of new employees to the working process (especially beneficial in branches with high fluctuation, very commonly IT companies, ie companies that create optimal environment for online eLearning). Thanks to resons listed above different e-Learning systems have become a part of most bigger intranets and extranets.
The contribution of online e-Learning software can be shown in numerous important fields, such as for example improvements made in marketing results through processing and optimization of measurable test of compulsory knowledge (hard skills), especially with employees who are in contact with the customers, which increases profitability up to 30%. By optimizing the boarding process of employees to their working position (controlled boarding - onboarding), up to 40% of costs linked to this process can be saved and, at the same time, the productivity rises from the first day.
This level compares financial benefits with invested costs. Payback ot the investmenst (ROI) measures incomes in comparison with costs leading to these incomes.
ROI = ((Total income - costs)/costs) * 100
ROI is traditionally used in company accouting where the individual items can be easily set. This is not that easy speaking about e-Learning online.
Costs can be assesed quite easily but it is more complicated with incomes. However this does not mean that ROI cannot be used for e-Learning online.