6 Ways To Save Time and Money With Video Training Libraries
According to Monster.com, spring is when “recruiters tend to snatch up soon-to-be college graduates… to have everyone in place by June 1.” But what happens once you’ve found your new hires? They need to be trained in order to know that they’re doing and start making valuable contributions to your organization. And if you’re not using video training libraries to do this, you’ll be wasting valuable time and money.
Here are 6 Ways To Save Time and Money With Video Training Libraries:
1. Increased Efficiency
If you’re a large company welcoming multiple new hires across multiple branches, instead of spending tons of money on corporate training retreats, video training libraries will allow your employees to be trained remotely, eliminating transportation and lodging costs. It also means you won’t have to build a $430M training center like KPMG did.
2. Greater Accessibility
With a virtual classroom, there’s no longer a need to have a one-time training session where employees will forget what they’ve learned after they’ve walked out the door. By making training library videos available to employees through an online portal, not only can they review the material whenever they want, but you can require them to review it additional times without organizing another in-person session. Video training libraries also allow employees to be trained immediately upon being hired, not just when an in-person training session has been planned.
3. Targeted Messaging Is Guaranteed
When it comes to corporate training, video libraries are so important because there is a 100% guarantee that your employees will receive the exact information you want them to, every single time. This is opposed to in-person training sessions where the instructor might not cover every single detail that they are supposed to. Video makes it extremely easy to regulate the message that your employees will be getting.
In the example below that we created for ECHO Logistics, their brand guidelines are presented in a clear, easy to understand format, that will ensure all of their employees are on the same page when it comes to how their brand works.
4. Increased Content Retention
Along with receiving the correct information they need to do their jobs, your employees will retain that information much better through a visual medium like video. In fact, the human brain processes images 60,000 times faster than text. If that’s not enough for you, 80% of people remember what they see, compared to 10% of what they hear and 20% of what they read.
5. Equipping Employees With The Most Effective Tools
If you’re training sales associates, the outcome of a phone call, meeting, or sales pitch could depend on how much of their training they remember. A recent report even found that disengaged employees cost U.S. companies up to $550 billion a year. By giving your employees 24/7 access to the tools they need for success, they will feel much more confident in themselves, while also feeling like they have received the support they need to get the job done.
6. Video Actually Delivers a Return on Investment
Video content can be watched again and again and again and again. There is no limit to the number of times you can play a video. This means that video training libraries are evergreen and can be used year after year to train your new hires. By automating your training processes with video content, you will save money in the long run because you won’t have to repeatedly hire someone to train people over and over again.
Video training libraries are one of the easiest ways to automate a business because of how much time and money they can ultimately save. If you’re ready to make your business more efficient, let’s talk.