The ROI of Online Safety Training
Let’s start with the bottom line:
- Online training is less expensive than traditional live training
- Heightened accountability
- Reduction in time lost to training
- Reduced training admin time
- Higher retention rates
...leading many to adopt an online-only training implementation for their modern safety programs.
Traditional Training Costs
Each year OSHA penalizes companies for lapses in required training or training inefficiencies. Many organizations use the same old boring, repetitive videos and PowerPoint decks. Developing training assets internally takes time and costs money; the cost of training involves much more than just the price tag for the training material.
For example, tailgate lessons delivered by a supervisor are not really free, just as sending the crew down the road to sit in a classroom for 8-hours involves more than the cost of wages and instructor fees. Hiring safety experts for live training sessions are expensive. And it costs a lot of dollars to fly people around for training purposes.
Time is money, and getting a better return on investment (ROI) means finding the most efficient training option.
Don't believe us? Try out our ROI calculator and see how the numbers come back.
The number one reason why safety professionals are moving to online training is for accountability and measurable data on safety progress.
If you want to move the safety culture of your organization forward, tighter control of information is where to start.
When combined with a training system, online courses can be automatically analyzed for attendance, competence (test results). You can audit for safety compliance instantly. And you can track all of your live training events, pairing online courses with safety meetings, tailgate talks, and group instruction.
With safety training online, you always know exactly how your workforce training program is working.
Reduce Time Lost to Training
Ask yourself, what’s an entire 8-hour day of lost productivity cost your company?
When paying workers to sit for a training session, these workers are not in production, so there is time and productivity loss there.
That’s the fundamental reason online workforce training has grown as a market. There’s a cost associated with having the workforce out of production, and that cost can be considerable depending on the intensity of the training focus and the number of training requirements.
Online safety training gets workers back on the job, faster. HSI's average course length is 20 minutes. Match that with scheduling out training to take place, for example, during a plant shutdown or the off-season, and you have the ability to reduce the cost risk associated with keeping a company's workforce safer.
Reduced Training Admin Time
Managing workforce training can take a lot of time without the right tools.
With live training, administrative employees stay busy scheduling time of the job for groups of employees and arranging training by hiring professionals. Keeping track of ‘who’s compliant and who’s not’, and ‘who’s taken training and who hasn’t, with manual data entry and Excel spreadsheets, is also time-intensive.
Online training systems automate frequent tasks to help manage workforce training programs with ease. By alerting workers when training is due, overdue, or expiring, and notifying workers when training is complete or incomplete, the burden of tracking a workforce training program is mostly erased. Online training systems simplify things greatly; admins assign the courses, and workers are tasked with completing them. That’s basically it.
Online training systems make tedious, complex administrative tasks, easy to execute and return to admin folks something we all value—time.
Want to see what training will actually cost you; and how much you can save? Check out our Return On Investment (ROI) calculator to learn more.