Digital Approaches to KPIs with Employee Development Software

The first thing I’d like to say is congratulations. As a manager, you’re taking a step in the right direction by investing in your employee development. This, of course, means investing in your company’s most precious asset – the talent of the employees themselves.

That's why, companies look to training and development to increase their competitiveness and raise the power of their human capital. A shortcut to achieving positive outcomes of such training is to look at the emerging power of online digital solutions.

With e-learning programs, it's possible for your business to apply a data-driven approach to a wide array of employee development initiatives. But while many human resources programs will offer the customer a demo of free features and integrations, this article will offer you wider insight, with a focus on real benefits for your team.

Let's examine how these breakthrough digital systems can help supercharge your firm’s training and development initiatives.

Employee development software: what can it do for you?

Employee development software offers much promise through streamlining training and self-development in the workplace. Any successful program will provide training to workers to support their careers through specialised learning.

Onboarding offers employees the necessary skills development to ease any required integrations, and match their team skill sets. Further mobile courses and learning features can also help them realise their potential and experience greater career motivation.

What's more, is such newfound knowledge can strengthen employees' job security, ensuring they feel their role within your organisation has meaning and contributes to actual, tangible results in their career.

How do learning modules contribute?

Ultimately, a well-functioning software system should ensure better retention rates of employees. But this is only a baseline and is one of several success criteria of your learning tool. For example, a motivated and well-trained employee delivers value to an organisation with improved user and customer interactions, relations, and rapport that comes with it.

Other notable outcomes include a higher quality product or service and an improvement to business practices.

Learning tools, most notably through an online, cloud based solution can offer access to information for any user within the organization. Accessibility is also important to note, in that this module should appear in a mobile and desktop format.

Examples of Employee Development KPIs

When deploying software, you will need to identify and justify specific success metrics. These will help you design and select optimal learning modules and courses for prospective talent.

Naturally, these key performance indicators would need to reflect your company activities and employee tasks. But, overall, the following qualities should demonstrate relatable qualities in employee development.

Employee growth and performance

Productivity and focused results are an obvious tell into the outcome of the hours your workers put into an average workday. Special courses and learning modules can also offer employees skill building opportunities. Some even offer career tracking features that ensure they are on-target to reaching their goals.

How do individual employees contribute to their team or company division? Have this person’s skill metrics improved in the designated period or not? Software can answer these questions.

Track training and outcomes

Next, we must reflect on employee development and its impact on their performance in the company.

In effect, it's up to you to understand if such learning experience can support employees' skills and work to narrow the talent gaps at your company.

By finding a standard measure that can be used to evaluate employee development at your business, we can conclude that the results will determine the effectiveness of the career training efforts.

Review incentive programs

Your organization may have already approved certain measures to increase morale and strengthen productivity. From free prizes to special features, incentives can boost company activity considerably.

But, of course, unforeseen circumstances can impact the effectiveness of these incentives. These variables and scenarios can create obstacles to following these manually without digital insights.

Identify employee absences

Keeping a register of employees using digital sign-in tools can be used for different purposes, depending on your objectives. For example, it can ensure a transparent attendance process or work as a valuable tool for measuring employees' engagement. Further, such solutions can create useful security measures.

Worker satisfaction and retention rates

A direct method of measuring employee satisfaction can be a survey or questionnaire built into the employee program. Employee development software can also compute data and offer insights into how many employees have pursued their careers at other companies. It can even identify a correlation to a specific period or certain company events.

Employee development software plays a key role

Every company requires a motivated, and competitive workforce that is continuously learning and improving.

But the need for new methods and intuitive courses to achieve this are growing more sophisticated and demanding. Well-functioning staff development must always be thorough in identifying employee skills, and be measurable in terms of career development.

The challenges to this are the need for attention and stakeholder commitment. What this, of course, translates to are demands for additional resources. Thankfully, a software program can help automate progress and optimise many of these activities.

Expected development benefits

From an organisational point of view, a dedicated employee development software platform should fulfil its purpose of streamlining career development and eliminating knowledge gaps. Furthermore, due to deploying this software, stakeholders will stand to self-develop in their scope of responsibilities.

Human resources

Workflows will become automatic, enabling a less hands-on management process. This also includes simplified tracking measures, which offer teams far greater insight into the training and development of the employee. For HR representatives, a cost effective training and career development program is also far more easily justifiable to managers than a traditional module.

Employee development

The subject of the training is in the best position to improve the outcome of their development plans and career goals. Thus, such programs help employees to wield control over their results. Using such software will also give data-based insights into their personal skills development and create positive reinforcement for the future.

Management teams

With business objectives in sight, managers can evaluate key training and employee development measures as it compares to company activities. As such, the most effective software platform should allow decision-makers to identify a feature within any project or objectives.

Additionally, it should be possible to view based on pre-defined success metrics, and in the manager's selected language.

What you need to do

Internal cooperation is vital within an organization, and this happens when you approach all relevant company departments. This helps you to receive up to date information regarding performance metrics.

Collaboration with management will enable access to current performance targets and convey the necessity for these initiatives to employees to ensure compliance. But, of course, relaying this task to management is itself insufficient. So your job will also be to engage employees directly, communicate the need, without antagonising staff, and ensure honest commitments in their interaction with the software. 

After all, employee development begins with employees' enthusiasm!

Your HR department will, of course, play a feature role in the onboarding of the software. They will be key to offer the most valuable inputs. Whether you're looking to track relevant KPI’s, or employee skill growth, these persons are best-positioned to setting up your employee development software.

Your final steps

Cost-effective programs require special attention as well. Therefore, as you select the right features, take note that the circumstances under which you selected these may change. In doing this, you would mitigate any external changes to the workforce.

Once your software is operational, your staff and management will begin to experience the difference, but that needs constant attention. Whether you select a mobile or desktop software, ensure you calibrate and update your software regularly. Scheduling any maintenance cost will help ensure bug-free features for your software.

Modern learning tools foster an environment of progress and empowerment at your organisation. Minimise knowledge gaps with features built to help employees. Get ready for a future with a complete difference.