Denver – January 24, 2019 – Borderless Learning announced a new cloud software platform, LearnPlan, to help companies get the most out of their investment in people and training. With functionality that ties job roles to long-term learning plans, LearnPlan bridges the widening gap between HR and training.
Companies are struggling with the drop in employee retention, which has been widely reported at three years or less for new employees joining the workforce. Career training and development are cited by employees among the top incentives to stay with an employer. The missing piece has been communicating a continuing education plan to those employees so that they will stay.
“Within LearnPlan, companies can communicate long-term training plans with their employees, giving employees a reason to invest their time in building a career and staying with that company,” says Jules Trono, president of Borderless Learning. “Companies also benefit from the ability to assign activities such as context meetings, which help an employee understand how the training knowledge applies to how their company does business, making the information useful faster. Everyone’s budget is stretched pretty thin. It’s important for companies to know that the money they invest in training is money well spent.”
U.S. companies invested more than $85 billion in training last year. LearnPlan provides companies with analytics that show how many employees they engaged with training and other activities, as well as providing insight into the knowledge base available within their employee pool.