The process of educating employees about the various laws and regulations mandated by their employers, their industries, or the state in which they work is known as compliance training. Businesses operating in highly regulated industries are aware that compliance is a serious matter and that ongoing employee training is essential for success. Companies operate efficiently when compliance training is effective. On the other hand, unsuccessful training results in hefty fines, legal action, and, in extreme cases, the loss of licence to function, making compliance training the most crucial. Remember, your employees’ compliance training can impact your business’s reputation, liability, and even bottom line.
Safeguard your people and business from all kinds of risks. Choose Mykademy - the trusted corporate compliance training platform.
Any industry with stringent compliance requirements, including finance, healthcare, telecom, manufacturing, and aviation, must update training frequently because the rules are constantly changing. Furthermore, you need a compliance training LMS platform to assist you in your training initiatives and make it simpler to develop and deliver content, assign and monitor course completions, conduct exams and ultimately maintain continuous compliance.
Your ability to increase employee engagement and reduce risks will depend on the kind of training that you deliver and the online compliance training software you choose. In reality, most employees become upset and mentally disengaged when they realise that compliance training is mandatory. This is due to the negative perception of employee compliance training. It’s usually associated with protracted manuals, tedious lectures, and a few age-old safety training videos. However, taking your compliance training programmes online can change the situation because it enables you to implement a learner-centred strategy for your remote workforce.
Things to focus on before buying a compliance training LMS platform
- Check if the compliance training LMS software has advanced features.
- See if the platform comes with affordable pricing.
- Compare with other compliance training platforms before proceeding to purchase.
- Go through client reviews and testimonials of the compliance learning management systems for authentic proof.
- Try a demo or free trial if possible.
- Choose the corporate compliance training software that works best for your training needs.
Why choose Mykademy's compliance training LMS platform?
Advanced security, digital certifications, cutting-edge features, and exemplary customer support of Mykademy’s compliance training platform are just a few of the many reasons why businesses trust it. Mykadmey offers HR and L&D professionals a convenient, centralised, and affordable compliance training software with full functionality to host compliance training and manage ongoing regulatory requirements. The platform enables L&D specialists to devote their time and effort to ensure that the employee training is relevant, keeping compliance courses up to date, and focus on other crucial performance indicators by automating much of the learning programme management.
Mykademy’s Skill library offers a wide range of training content that can be used to enhance your employees’ skills. If you wish to put a full stop to the dull compliance training, try Mykademy’s corporate compliance training software that incorporates gamification and micro-learning to have fun by offering course content in multiple formats to keep learners interested, boost retention, and send course completion rates through the roof. Provide your team with short, video-based training courses from among the hundreds of readily available, expert-written courses that cover the knowledge and skills needed to drive results and ensure success at work. The platform also has robust features and tools to monitor your employees’ learning progress and course completion rates, as well as to assess the effectiveness of your training initiatives.
Employee adherence to changing industry standards is ensured by compliance training, which also helps to create a secure and encouraging work environment. The real secret of an organisation’s success is having a workplace culture and ecosystem that empowers employees to uphold your organisation’s ethics and vision. With the help of Mykademy’s compliance training platform, you can enforce the latest compliance training requirements by developing courses and content that adhere to predefined standards, rules, and regulations.
Not ready yet? Jump right in with our ready-to-use courses. Start training today!