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Virtual learning expected to take over business training

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Today’s business world is going global and mobile, and firm owners need to be prepared for the changes that are expected to occur in the upcoming years. Small companies will hire employees located in different states, while employees will be often be left alone in the field, thanks to the advent of mobile technology.

These innovations make it important for small firm owners to get their new hires and remote employees up to speed with new processes and training initiatives. According to recent research from virtual communications platform provider ON24, 91 percent of human resources and training personnel are planning to increase the use of virtual training at their firms in 2013.

Training can be improved in a virtual environment
The days when new hires are placed in a classroom to learn how the firm does business are gone, and companies are shifting to virtualized environments in which new employees can learn at their own pace. The survey revealed 62 percent of respondents said a virtual environment is the right setting for new hire onboarding, while 48 percent believe online environments can be most beneficial for sales training.

“Our research also indicates that over 82 percent of learning professionals want to offer more engaging training materials,” said Tom Masotto, vice president of product management for ON24. “The need to train global workforces and desire for more engaging training are driving interest in virtual learning environments.”

What do employers value in virtual training?
Small-firm owners in many different business sectors will begin to shift their training infrastructure to virtual environment, and it takes certain employees to be able to flourish in this setting. When asked the most important aspects of their virtual trainer, 83 percent of respondents said facilitation skills, 74 percent valued voice inflection and 69 percent said the need to be good with technology.

Online learning will become a mainstay
Before the advent of online learning, a blog post for the Harvard Business Review said employers would value accreditation from core courses, but now, employers are able to train employees on their own. However, virtualized environment can open up firms to security threats, which is why it’s important to always stay protected with cyberliability insurance.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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