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Workforce Management Executive Report

Discover Huge Gains in Cost and People Savings

Accelerate onboarding, improve training and increase employee engagement. On average, companies spend more than $1,000 per year on formal training per employee...

Discover Huge Gains in Cost and People Savings
Author / Publisher
KyrosPub Editorial
Publication Date
January 2025
Format & Readers
Executive PDF • 0 Reads

Executive Abstract

Accelerate onboarding, improve training and increase employee engagement.

On average, companies spend more than $1,000 per year on formal training per employee. And, in total, U.S. businesses spend $125 billion per year in employee learning and training. But traditional training is disconnected from where daily work is done and how employees want to engage – and employees are often not fully equipped to apply learnings due to poor onboarding. This results in companies losing money and up to 23% of new hires before their first anniversary.

View this infographic to see how effective and intuitive social learning and onboarding tools can help organizations save people and money. Employees can learn on the fly, easily connect with people and information, and collaborate from any device and within the business solutions they're already using.
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