Research by Scottish start-up Create eLearning shows that as much as £56 billion is being lost in the UK annually to replace staff who leave their jobs due to poor training.
The study revealed that 40 per cent of staff who received inadequate or no training quit within a year, Create eLearning is hoping to improve employee retention levels by launching a new software platform that allows training programmes to be condensed and distributed around an organisation.
This will help businesses save money on recruitment and re-training costs, and by avoiding downtime while roles lie vacant.
Mark Taggart, started Create eLearning, after realising that huge savings could be made by dropping expensive face-to-face classes and putting training resources onto computers, tablets and smartphones which are more likely to be used and can be referred back to.
He said: “Companies can spend millions on training courses that are seen as a jolly or weekend away, but information is actually absorbed better in bite sized chunks.
“I’ve spent more than ten years working with tech start-ups and helping them grow, including my own firm, and I always noticed the need for an efficient training platform. That’s why I set up Create eLearning, and why I’m not surprised by how fast we’ve been gaining customers.”
Taggart believes his firm will eventually become one of the leading workplace training providers in the world. It is on track to translate its platform into 20 of the world’s most popular languages by the end of the year.
Create eLearning has also just launched a new offline-compatible version of its platform, which means that courses can be pre-loaded for learning to be done while travelling, or out in the field without wifi access.