Monday, July 5, 2010

The Profitability Of Continuing Education

Employers are well aware of workforce turnover. Estimates range from 33 to 40 percent of workers changing jobs every year. Even more dramatically, some have estimated that on average people change careers every 10 years.


Increased Employee Output


There were predictions that the cyclical nature of the workforce would reduce employer profit as costs retraining increased. These have proven unfounded and, in fact, the opposite seems true. Employers have found that employee training is a good investment that retains valued employees. The rise in worker skills renders their services valuable in advanced positions. This attracts employee loyalty as their compensation rises with increased responsibilities.


Lower Costs


The expansion of>free online continuing education provides workers with flexible learning opportunities that keep them up to date on the latest trends and processes in their fields. Employers are finding workers better prepared to enhance profitability. In addition, employees are finding greater ease in locating a source that offers online continuing education. Theseonline continuing education courses provide employees with avenues for social connectivity with an expanded range of colleagues.


Employers are therefore encouraging workers to use the Internet to access anonline continuing education provider. This permits them to stay connected with these sources of information that matter most to employers.

In additional to formal courses, professional learning networks offer outlets for education from blogs, message boards, and Q&A posting.

Online continuing education classesare becoming dominant education sources. The diversity of courses and learning tools provides working adults with profitable knowledge for themselves and their employers.