Is taking your Learning and Development (L&D) game to the next level on your to-do list for 2024?
If not, these statistics from the 2023 Training Industry Report might just change your mind. With companies in the U.S. spending a record-breaking $101 billion on training-related expenditures, including training budgets, technology, and staff salaries, the stakes have never been higher. On average, organizations are investing $954 per learner—proof that effective training is a priority for businesses across the board.
According to recent industry data, most training delivery methods are moving online, with 74% of companies reporting that they use virtual or online delivery as their primary method. This trend is driven by the need for scalable, accessible, and flexible training solutions.
The most popular training topics include compliance, onboarding, leadership development, and product knowledge, indicating that companies are focused on both regulatory requirements and skills that directly impact business performance.
But spending big doesn’t automatically translate into impactful learning. One of the most significant challenges identified is learner engagement. Without engagement, even the best training programs fall flat. The highest priorities for training are clear: increasing the effectiveness of training programs, boosting learner usage, and measuring the real impact of these initiatives.
Even the top-performing companies are always on the hunt for new ways to enhance engagement, retention, and overall employee satisfaction. Kvistly offers the perfect solution by transforming traditional training into an engaging, interactive, and fun experience.
With online training becoming the norm, it’s crucial to make the digital experience as compelling as possible. Kvistly does this by turning training into an active, participatory event. Interactive elements, gamification, and real-time quizzes allow for a more dynamic learning environment, where employees are more likely to engage and retain the information provided.
Kvistly isn’t just another training tool; it’s designed to save time and boost engagement in ways that traditional methods simply can’t match
• AI-Powered Question Extractor: Save valuable time with Kvistly’s AI question extractor, which automatically generates relevant, high-quality questions from your training content. This feature reduces the manual effort involved in creating quizzes and assessments, allowing trainers to focus on what truly matters—delivering impactful content
• Live Bidding Feature: Create an emotional connection with content through Kvistly’s live bidding feature. This unique element encourages participants to engage in a competitive and fun way, which enhances knowledge retention and keeps learners actively involved
• Interactive and Fun Learning Environment: With gamification and real-time quizzes, it allows for a more dynamic learning environment, making it easier for employees to retain the information provided
• Insights Feature: Gain a deeper understanding of your training’s impact and efficiency in real-time with Kvistly’s Insights feature. This tool provides valuable data and analytics, allowing you to measure the effectiveness of your training programs and make data-driven decisions to continuously improve them
As you plan your L&D strategy, consider how you can elevate your training programs with tools that are designed for engagement. Kvistly is here to help you maximize the impact of every dollar spent on training by turning learning into a powerful, memorable experience.
So, are you ready to take your L&D game to the next level? Let Kvistly be your partner in transforming how your employees learn, grow, and succeed
