Deloitte's $10m for e-learning

Management consultancy Deloitte Consulting is to invest $10m (£6.5m) in e-learning material as part of a drive to encourage staff...

Management consultancy Deloitte Consulting is to invest $10m (£6.5m) in e-learning material as part of a drive to encourage staff to keep their skills updated and improve staff retention rates.

Deloitte Consulting predicted it will be able to reduce the cost of training by 40% by adopting a mixture of e-learning and classroom-based training.

The company has signed a six-year deal with training firm Smartforce to provide e-learning resources covering IT, business and management skills.

The deal will allow staff to study for Microsoft, Cisco and Lotus qualifications and update their project management and e-business skills at times that best suit them.

Research has shown that employees regard training as a key reason to stay with an employer. "E-learning not only gives us an advantage in the market but also an advantage in attracting and retaining the most talented people. This, in turn, helps us to deliver value to our clients," said Candy Haynes, director of worldwide learning at Deloitte Consulting.

The company believes e-learning will prove particularly valuable for new employees, who will be able to get up to speed in their work much more quickly.

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