How to empower Employee training with a Video Knowledge base?

How to empower Employee training with a Video Knowledge base?

14 Feb 2023

Learn how to use a video knowledge base to empower your employee training.

In the fast-paced business world, finding and keeping the right employees is crucial to success. But the journey doesn't stop once you've hired the best talent - it's just getting started. Without the right training and development, even the most skilled employees can fall short of their potential, stunting the growth of your business. That's where video knowledge bases come in - an innovative tool that can revolutionize your employee training program.

With engaging and interactive content, video knowledge bases are quickly becoming the preferred training method, offering benefits that traditional training methods simply can't match. If you're ready to take your employee training to the next level, keep reading to learn more about the power of video knowledge bases.

What is a video knowledge base?

knowledge base is a collection of resources that a company makes available to its employees, customers, and other stakeholders to facilitate easy access to information. With the growing popularity of videos, there has been a rise in the demand for video-based knowledge bases.

This is because videos are more engaging and easier to follow than traditional training methods that also include text-based resources. A video knowledge base streamlines the process of providing information by organizing resources into easy-to-follow video formats, making it easier for users to retain and apply the information they receive. This approach to knowledge management helps to improve efficiency, increase productivity, and support better decision-making.

Why effective Employee training is important?

Today, many companies understand the importance of investing in employee training. Not only does it help their business grow, but it also makes it easier to retain top talent. Hiring new employees can be a time-consuming and expensive process, whereas retaining existing employees through training is more cost-effective. Effective employee training should be a continuous journey that starts from day one of an employee's tenure, covering everything from introducing them to the company culture to enhancing their skills and abilities over time. Companies prioritizing employee training often see higher profits, happier employees, and a reduced attrition rate.

Let us look at some of the key benefits of employee training.

Employee training helps in Improved job performance

When employees receive training and development opportunities, they are better equipped to perform their jobs to the best of their abilities. They have a deeper understanding of their role and responsibilities, as well as a clearer understanding of the company's goals and objectives. As a result, their work is of higher quality, and they are more productive.

Employee Training helps you stay ahead of the curve

Technological advancements are taking place at an unprecedented pace, and companies must be proactive in adapting to new developments to remain competitive. Employee training and development programs help companies equip their employees with the latest skills and knowledge required to keep pace with ongoing changes and adapt well to them. Moreover, well-trained employees are better equipped to identify opportunities for improvement and innovation. They can bring fresh perspectives and new ideas to the table, helping organizations stay ahead of their competitors and stay relevant in a rapidly changing marketplace.

Employee training improves engagement, motivation, and retention

Employee training has a positive impact on employee retention. When employees receive training and development opportunities, they feel valued and recognized for their contributions to the company. This can increase job satisfaction and motivation and reduce the likelihood of employees seeking opportunities elsewhere. Additionally, providing ongoing training and development opportunities can help employees stay engaged and up-to-date with the latest skills and knowledge required for their role. This can prevent boredom and burnout and ensure that employees remain challenged and fulfilled in their work.

Employee training helps in Fostering a culture of continuous improvement

Continuous improvement is crucial for any organization that wants to remain competitive and achieve long-term success. Employee training plays a key role in promoting this culture by encouraging employees to continually learn, grow and improve in their roles. When employees receive regular training, they understand that their professional growth is important to the company and that their contributions to the organization are valued. This can foster a sense of pride and commitment and encourage employees to strive for excellence in their work.

Employee training helps attract top-notch talent

Investing in employee training is a vital component in attracting and retaining top-notch talent. By providing opportunities for growth and development, companies can showcase their commitment to their employees, making them a more attractive option for job seekers. Offering training programs helps companies stand out from their competitors in the job market and appeals to individuals seeking organizations that value professional advancement. In this way, investing in employee training leads to a stronger, more skilled, and more motivated workforce, which can drive the company forward.

Employee Training helps meet compliance requirements

Employee training is a critical aspect of meeting compliance requirements in any organization. Many industries are subject to strict regulations and standards, and failure to comply can result in significant legal and financial consequences. Employee training helps ensure that employees have the knowledge and understanding necessary to follow established rules and procedures, protecting the organization from potential liability. Additionally, employee training can help ensure that employees are aware of the latest industry developments and changes to regulations, allowing the organization to stay current and avoid non-compliance.

Why use videos in Employee training?

The use of videos in training and development is on the rise, and for good reasons. 67% of organizations surveyed used video for employee training, up from 58% in 2017. Videos provide a visually appealing and engaging experience for employees while also being a cost-effective solution for organizations. The combination of these benefits is driving the popularity of video-based training and development programs in a wide range of industries.

Let us learn the key advantages of having a Video knowledge base for employee training over traditional practices.

Videos are cost-effective

We're not referring to videos that require you to invest in professional equipment, hire professionals, and spend a considerable amount of time and money on shooting and post-production. With reliable video knowledge base software, you can create cost-effective videos that can be reused as many times as needed. In contrast to traditional training methods, where you have to hire a trainer, take time off for employees to attend training, and cover the costs of travel, food, and other expenses. By creating a video once, you can save a significant amount of money and simplify the management of training while still providing effective training to your employees.

Videos Increase engagement

Most people are visual learners, meaning they learn more effectively through visual aids than by reading or listening. Using videos for employee training leverages this learning style, resulting in a more engaging and interactive experience for employees. This increased engagement helps employees become more invested in the training process, making it a more effective and efficient way to impart knowledge and skills.

Videos Increase Knowledge Retention

Higher engagement through visual aids leads to increased retention rates. Research has demonstrated that video-based training can result in higher retention compared to text-based training. Insivia reports that social media video statistics indicate that viewers retain 95% of the information presented in videos, compared to just 10% retention of the information presented in the text.

Videos are Flexible

Scheduling in-person training sessions that work for everyone's deadlines can be challenging. This can result in delays and interruptions in the training process. However, with video-based training, employees can access the material at their convenience and on their own schedule. This allows for greater flexibility and ensures that everyone has an opportunity to receive the training, even if their schedules do not align with in-person training sessions.

Videos are Versatile

Videos are versatile in the sense that they can be used for a wide range of training needs. From onboarding new employees to teaching new skills and procedures, videos can be customized to meet the specific training requirements of an organization. They can be used for live or recorded presentations, interactive quizzes, and simulations to help employees understand complex concepts. Additionally, videos can be used for training in different languages, making it an ideal solution for organizations with a diverse workforce. This versatility makes video-based training a highly flexible and adaptable solution for organizations of all sizes.

Videos are easily accessible.

With video-based training and the use of video knowledge base software, organizations can provide employees with easy and convenient access to important training materials. Whether it's a new skill that needs to be learned, company policies and procedures that need to be followed, or general information that employees should be aware of, videos can be made available 24/7, allowing employees to access the information they need when they need it. This on-demand access helps employees to learn and retain information more effectively and also saves time and resources for the organization, as employees can access the training materials at their own pace without having to attend scheduled training sessions.

Videos Increase productivity

Videos have the potential to enhance productivity greatly. By offering employees an efficient and accessible method for acquiring and retaining knowledge, videos can significantly improve their performance and increase overall productivity. Furthermore, for those who didn't comprehend the information immediately, videos provide a convenient solution for review, as they can be readily accessed as opposed to in-person training.

Are you ready to switch to video training?

The use of video knowledge base software for employee training and development is revolutionizing how organizations approach this critical aspect of their business. The benefits of video-based training are evident, including improved job performance, better employee retention, and a more inclusive and engaging experience for employees. With the right tool, such as WowTo, organizations can easily create, host, and update their video resources, making the transition to video-based training seamless and straightforward. By investing in this powerful tool, companies can position themselves to stay ahead of the curve and achieve long-term success.

Get started for free and see the benefits WowTo offers you.