01. INCREASED EMPLOYEE ENGAGEMENT skillsoft.com Take a closer look. Visit our YouTube channel for course samples, customer success stories and more. eLearning: grow your employees, grow your business Learning technology has a strong correlation to improved KPIs. After implementation, organizations saw more than a 10% change in the following areas: 1 53% INCREASED EMPLOYEE ENGAGEMENT 53% INCREASED PRODUCTIVITY 40% INCREASED REVENUE 26% DECREASED COSTS 16% DECREASED TURNOVER More evidence that developing employees through eLearning benefits businesses: The Skillsoft Effect: 11% average increase in employee satisfaction 3 Businesses with a strong learning culture have employee engagement and retention rates 30-50% higher than their peers. 2 1 “2016 Brandon Hall Group Learning Technology Study.” David Wentworth, Brandon Hall Group, 2016. 2 “Becoming Irresistible: A New Model for Employee Engagement.” Josh Bersin, Deloitte Review Issue 16, Deloitte University Press, January 26, 2016. 3 “How Skillsoft Moves the Needle.” Skillsoft, 2016 4 2016 Impact Analysis Benchmarks. Skillsoft, 2016. 5 “2014-15 Towards Maturity Benchmark Report | Modernising Learning: Delivering Results.” Towards Maturity, November 2014. 6 “Employees Need Modern Learning to Aid Customers and the Organization” Zach Lahey, Aberdeen Group, January 2016 7 “How eLearning Dramatically Reduces the Corporate Training Costs.” Christopher Pappas, eLearning Industry, July 10, 2014 02. INCREASED PRODUCTIVITY 14% Learning innovation drives a 14% improvement in productivity 5 73% of learning leaders report positive changes in staff behavior 5 The Skillsoft Effect: 8.1% improvement in cycle time 3 73% 8.1% 03. INCREASED REVENUE 84% greater year-over-year revenue improvement per FTE for companies that use mobile learning 6 The Skillsoft Effect: 8.2% increase in sales 3 04. DECREASED COSTS Implementing eLearning helped Ernst & Young, IBM, Cisco, and Dow Chemical all reduce training costs by 30% or more. 7 The Skillsoft Effect: $800k American Heart Association’s annual L&D savings $330m US Army’s L&D savings over one fiscal year 05. DECREASED TURNOVER The Skillsoft Effect: $300k saved in turnover costs by the SSFCU in the first year 4 Learning innovation drives a 9% reduction in staff turnover 5 Skillsoft's Impact The Skillsoft Effect: 312% USO’s ROI on eLearning 8/10 end users apply what they learned within 6 weeks 4 90% 75% 97% 75% of respondents experienced a marked improvement in skills critical to their jobs 4 of end users would recommend Skillsoft eLearning to a friend or colleague 4 90% of learners said the eLearning content is relevant to their roles in the workplace 4 97%