Effectiveness of elearning versus traditional on-the-job-training

In today's dynamic business world, there is an increasing emphasis on the effective integration of new employees into the corporate environment. My interest in this topic stems from my own experience as well as from the experience of colleagues and friends working in various industries. Attention to the process of onboarding and training newcomers has a key impact on the prosperity and success of the entire organization. Many studies confirm that improper onboarding can lead to negative consequences for both the company and the employees themselves. Problems with ineffective onboarding often manifest themselves in the form of high turnover and low employee satisfaction. For example, a 2017 Gallup Hall Group survey reported that 88% of employees experienced an inappropriate onboarding process, 20% of them would not recommend their employer to others, and a third of them start looking for a new job after only six months. These problems are not limited to specific industries or company sizes. Regardless of the type and scale of the business, business processes are at its core and optimisation is essential. Poor onboarding poses a significant financial risk to a company, as training new recruits takes time and resources. The faster a newcomer adapts and starts to perform his or her tasks fully, the sooner he or she becomes an asset to the company. In this bachelor thesis I have analysed the training process in companies of different sizes and identified problems and opportunities for improvement using e-learning and LMS systems. The research data obtained, supported by employee feedback, serves as the basis for the creation of a prototype next-generation platform that can significantly streamline onboarding while reducing a company's training costs. Hypotheses H1: The hypothesis asserts that using LMS systems can speed up and cheapen the learning process for a company without sacrificing quality Research questions VO1: What is the process of onboarding a new employee in the company? How long does it take to train an employee to a level where he/she can perform the job on his/her own? How much does it cost a company to train one employee? VO2: How much of the total training content can be learned online using an LMS? How much money does it save?