Learning technology, including eLearning, has a strong positive correlation to key performance indicators like productivity, revenue, engagement, and more. Skillsoft’s award-winning IT, Business Skills, and Leadership Content is proven to deliver results to help your organization thrive.
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The Skillsoft Effect
1. 0 1. I N C R E A S E D E M P L O Y E E E N G AG E M E N T
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eLearning: grow your employees,
grow your business
Learning technology has a strong correlation to improved KPIs.
After implementation, organizations saw more than a 10%
change in the following areas:1
53%
INCREASED
EMPLOYEE
ENGAGEMENT
53%
INCREASED
PRODUCTIVITY
40%
INCREASED
REVENUE
26%
DECREASED
COSTS
16%
DECREASED
TURNOVER
More evidence that developing employees
through eLearning benefits businesses:
The Skillsoft Effect:
11%average increase in employee satisfaction3
Businesses with a strong learning culture have
employee engagement and retention rates
30-50%higher than their peers.2
1 “2016 Brandon Hall Group Learning Technology Study.” David Wentworth, Brandon Hall Group, 2016.
2 “Becoming Irresistible: A New Model for Employee Engagement.” Josh Bersin, Deloitte Review Issue 16, Deloitte University Press,
January 26, 2016.
3 “How Skillsoft Moves the Needle.” Skillsoft, 2016
4 2016 Impact Analysis Benchmarks. Skillsoft, 2016.
5 “2014-15 Towards Maturity Benchmark Report | Modernising Learning: Delivering Results.” Towards Maturity, November 2014.
6 “Employees Need Modern Learning to Aid Customers and the Organization” Zach Lahey, Aberdeen Group, January 2016
7 “How eLearning Dramatically Reduces the Corporate Training Costs.” Christopher Pappas, eLearning Industry, July 10, 2014
0 2 . I N C R E A S E D P R O D U C T I V I T Y
14%
Learning innovation drives a 14%
improvement in productivity5
73% of learning leaders report
positive changes in staff behavior5
The Skillsoft Effect: 8.1%
improvement in cycle time3
73%
8.1%
0 3 . I N C R E A S E D R E V E N U E
84%
greater year-over-year revenue
improvement per FTE for companies
that use mobile learning6
The Skillsoft Effect:
8.2%increase in sales3
0 4. D E C R E A S E D CO S T S
Implementing eLearning helped Ernst Young, IBM,
Cisco, and Dow Chemical all reduce training costs by
30%or more.7
The Skillsoft Effect:
$800k
American Heart Association’s
annual LD savings
$330m
US Army’s LD savings
over one fiscal year
0 5. D E C R E A S E D T U R N OV E R
The Skillsoft Effect:
$300k
saved in turnover costs by
the SSFCU in the first year 4
Learning innovation drives a
9%reduction in staff turnover5
Skillsoft's Impact
The Skillsoft Effect:
312%
USO’s ROI on eLearning
8/10
end users apply what they
learned within 6 weeks4
90%
75%
97%
75%
of respondents
experienced a marked
improvement in skills
critical to their jobs4
of end users would
recommend Skillsoft
eLearning to a friend
or colleague4
90%
of learners said the
eLearning content is
relevant to their roles in
the workplace4
97%