Workplace learning isn’t just a perk or a “nice to have”: It is a business imperative. A new IDC White Paper, sponsored by Udemy Business, shows that effective learning solutions are connected to critical business outcomes. These include: reducing overhead costs, increasing productivity, driving revenue, and promoting business continuity.
Based on anonymized interviews with Udemy Business customers from around the globe, IDC found:
- $22.5 million average revenue gain per year/organization
- $1.0 million average savings in hiring costs per year/organization
- 12% average productivity gain for Udemy Business users
- Benefits worth almost 7 times their investment cost, or an average potential 3-year ROI of 592%