Every year in the UK, thousands of job vacancies go unfilled due to a lack of candidates with the necessary skills. The skills gap in the UK is hampering the growth of business sectors and jeopardising the country’s competitiveness in an increasingly demanding global market. The solution to this problem is complex, but e-learning is a vital tool to bridge the skills gap and prepare the workforce for future challenges.
The UK skills gap: More than just numbers
The ‘Skills England: Driving growth and widening opportunities’ report recently published by the British government presents a worrying reality: the number of job vacancies has significantly increased in recent years, affecting key sectors like technology, manufacturing, financial services, and construction. The main reason? A lack of qualified candidates with the specific competencies that businesses need. Although job vacancies have risen, many organizations cannot find candidates with the necessary skills, limiting their ability to innovate and grow.
How can e-learning help solve this skills gap?
Digital learning platforms have proven to be an effective tool for equipping employees with the skills demanded by the market. What if companies offered ongoing training, accessible from anywhere, tailored to the specific needs of each team? Would this reduce the skills gap? Likely, yes. An appropriate e-learning strategy helps companies keep the skills and knowledge of their workers up to date and facilitates their adaptation to a constantly changing work environment. Platforms like Netex Learning Cloud enable the personalization of learning programs so that each employee receives tailored training. This flexibility helps companies fill critical vacancies with well-trained talent who have the necessary experience to perform efficiently in those roles.
Digital skills: The foundation for a competitive future
According to Skills England, in the coming years, most jobs will require advanced technological skills, from basic programming knowledge to data analysis skills and AI training. However, many companies lack effective training programs to fill this gap. Again, e-learning offers a viable solution. Thanks to interactive courses, microlearning modules, and real-time training, digital platforms allow for the flexible and efficient acquisition of these skills. The advantage? Systems like Netex Learning Cloud use artificial intelligence to identify each employee’s individual needs and recommend personalized content that enhances their professional development. This enables companies to train their teams and prepare them to be more resilient and competitive.
Does it really work? Data backing e-learning’s effectiveness
Is there data to support that this strategy is truly effective for companies? The answer is ‘yes.’ Research by Brandon Hall Group estimates that e-learning can increase knowledge retention by 25% to 60% compared to traditional training. This is because digital platforms incorporate interactive techniques that promote active participation, making learning more effective and long-lasting. Moreover, the ‘Elevating Learning & Development‘ study by McKinsey notes that companies implementing online training systems can increase their employees’ productivity by 26%. Companies using e-learning systems generate 40% more revenue per employee than those relying on traditional methods, according to the US Association for Talent Development (ATD).
Given the data, why not invest in a strategy that reduces costs and improves productivity? The key lies in adopting solutions that allow real-time progress tracking and tailor training to each team’s needs. Thus, companies optimize resources, maximize the impact of their training investment, and ultimately strengthen their competitiveness.
Developing workplace skills through collaboration
Skills England was created in July 2024 by the Department for Education to close the skills gap and align with the country’s industrial strategy. It highlights in its latest report a key factor: strategic partnerships are crucial for creating effective training programs. This points again to the e-learning sector. Companies need to implement these solutions to cover their employees’ skill deficiencies. At Netex, we’ve been helping organizations and companies overcome this barrier for over two decades. We know that this collaboration can make a difference.
Our e-learning solutions ecosystem, Netex Learning Cloud, helps companies create content ranging from technical courses to soft skills development programs. We ensure our clients that each learning path is aligned with the organization’s specific objectives. This flexibility allows companies to stay up-to-date and respond quickly to market demands, unaffected by potential changes or unforeseen events in the sector.
Investing in e-learning: A smart and cost-effective decision
Return on investment (ROI) is a major concern for companies when it comes to training. In this regard, e-learning offers a key advantage. By implementing digital learning platforms, organizations achieve greater operational efficiency. This provides more flexibility to market changes, and reduces costs associated with face-to-face training, such as travel and materials.
Moreover, e-learning ensures that training continuously aligns with the real needs of the business, thanks to the ability to measure progress in real time. This way, companies can adjust their training programs and ensure that each employee receives the necessary learning to continue growing and contributing to organizational success.
Is your company ready for change?
The UK skills gap is a real and urgent problem, but it also represents an opportunity for companies that can adapt. E-learning platforms have proven to be the perfect tool for closing this gap, allowing companies to train their employees continuously, personalized, and efficiently. Adapting digital learning solutions optimizes productivity and performance and prepares organizations for the challenges of an increasingly digitaliszed environment.
E-learning has the power to transform corporate training. At Netex, we know this. That’s why we work with companies in the UK and our existing clients to offer solutions that combine advanced technology with effective training methodologies to ensure the success of each project. Want to take your company’s corporate training to the next level? Request a demo of Netex Learning Cloud and we’ll show you how.
