The ROI of IT Training

Employers spend serious money on learning and development – $70.6 billion per year in the U.S. alone, to be exact. Yet, all too often company leaders invest in training without understanding how they’ll see ROI. Not realizing where return comes from causes some employers to not offer training to their employees. But in all reality, it may cost their organizations to not invest in training.

Why Companies Should Invest in IT Training  

Investing in employee training is essential for organizational growth. Capilano University’s Karmen Blackwood said that training increases employee productivity and retention/satisfaction, fosters an organizational learning culture, ensures that new hires are onboarded successfully, and addresses technology changes. Additionally, she mentioned that learning and development offers a significant return on investment. She wrote,

“By making training and development a strategic priority of the organization, and implementing it in a thoughtful and deliberate manner, a company can benefit from measurable ROI. You can measure for impact, for qualitative and quantitative ROI, and there are various ways to do so. For example, you can do pre- and post-training assessments and measure the improvement; you can then translate this into financial return when you calculate the value of saved time, increased productivity, increased sales.”

Karmen also said learning and development should be viewed by organizational leaders as an investment, not an expense. These are our thoughts exactly.

Is IT Training the Most Crucial Training of All?

Technologies that keep companies alive and thriving are changing at the speed of light. If IT professionals don’t stay in step with changes, the companies they work for will fall behind their competitors. Worst-case scenario, they will eventually become obsolete. This is why, when business leaders invest in training, they prioritize IT training.

A helpful resource published by eLearning Infographics revealed how valuable IT training is to companies. According to the infographic, titled Return on Investment of Information Technology, employers are massively rewarded when they train their IT professionals. This resource stated,

“Trained IT employees leverage IT assets better, cut architectural errors, cut software development time, and increase quality of services. Formal training virtually pays for itself by eliminating hidden costs of self-training (time spent studying, researching, recovering from and repairing errors in programming and administration).

The infographic also explained that it is better for company leaders to provide training to existing IT employees rather than bring new workers on board, and that formal training in Information Technology cuts a new employee’s learning curve by months. If there were any questions about whether or not IT training is a worthy investment for companies, the multitude of statistics cited in this valuable resource answered them.

IT Training Gives Companies Great ROI

Sometimes, organizational leaders skimp on employee training to spare a company’s budget but this may not be effective in the long run. (More than likely, it won’t be). Other times, leaders fail to offer training because they don’t have the in-house resources to do so. This is especially common with Information Technology training. A company benefits from having its employees trained by an outside source such as Directions Training. At Directions, we equip IT pros with the tools they need to operate the latest technology, including Microsoft Azure, Windows, Office 365, Cisco, VMware and more. Contact us to learn about IT training that is sure to give your company the best possible ROI.

Quality IT training can offer a stunning return on investment. It also secures a company’s future by equipping IT professionals with the tools they need to keep their employers at the forefront of any industry.

Could your company benefit from the ROI that IT training yields?

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