Businesses today give more priority to compliance than ever before. Corporate compliance staffing and spending are rising, reflecting corporate regulations’ complexity and the business’s global nature.
Compliance training is receiving more attention in this business environment for all the right reasons. Some organizations, especially highly regulated industries, are no longer content just to check boxes; they want online training programs that influence culture and bring behavioral change among employees.
However, the central challenge that companies face with compliance training is employee engagement. It is not easy by the influx of new regulations. Most employees are unlikely to be excited about taking anti-money laundering training more than once.
Compliance training has a reputation for being tedious. Making compliance training more creative, relevant, and interactive can boost employee engagement. The following ideas outline some approaches that can help achieve just that.
Integrate Compliance Training Into The Culture
Any workplace that wants to foster a learning culture needs the support of management. If you want to foster a culture where your employees are open to training, showing them that their supervisors and employers are willing to invest in their growth can make a significant difference in how they view training.
HR and L&D departments have some knowledge of the 70/20/10 methodology. This method indicates that seventy percent of learning should be based on experience acquired while working. Including specified targets, surveillance, and digital tools in your mandated training program will help employees feel more at home on the job and make learning seem more natural and effortless.
It’s a common error to provide eLearning in isolation. This practice often reinforces the tick-box mentality of finishing the module and moving on. A campaign is necessary to boost participation and increase the effectiveness of eLearning. These campaigns could range from pre-learning alerts that build anticipation to post-module knowledge tests that determine retention over time.
Incentivize And Reward Progress
Structured compliance training is vital, particularly in high-consequence areas like transportation, financial services, healthcare, software, and manufacturing. Implementing rewards for completing courses may make it much simpler to gain employee buy-in.
However, it’s also vital to recognize effort and growth in addition to accomplishment to encourage employees to give their best in continual training and development outside of routine.
Rewarding employees for personal growth may highly motivate them and demonstrate that you value them as individuals rather than just another figure on a spreadsheet.
Focusing on each person’s growth in a huge workforce can be challenging. Fortunately, many learning management systems (LMS) provide valuable data and graphs to highlight individual progress, allowing you to take a deeper look, debate, and offer praise and incentive-whether monetary or not.
Use Real-World Examples
Everyone learns more effectively when new information can be linked to prior knowledge. Use real-world examples, have learners act out scenarios, and investigate the effects of different choices in a secure setting. This practice will help them put theory into practice and may boost their performance at work.
Make It A Two-Way Street
An interactive training program is more beneficial than relying solely on one-way communication. Online polls, surveys, and questionnaires allow learners to express their opinions and address any issues they may have. You can swiftly compile data, find repetitive patterns, and identify problem areas that you would quickly like to rectify.
Surveys and polls offer priceless insight into employees’ perspectives and the chance to pinpoint the advantages and disadvantages of the existing training plan.
Make Responsive Content
Most workers get information through their mobile devices. You can improve your compliance training solutions by ensuring that your content is accessible across various devices and platforms.
Making your training adaptable will enable your employees to carry the course wherever they are. You only need to develop a master layout, which will then adapt to the size of the screen your employees use to consume the online training content. For the optimal viewing experience, you may also preview and change your material.
You might also think about unlocking the routes in your compliance training programs for your employees to explore the layout. Self-guided learning maps embedded with links to resources and online compliance training exercises are methods to achieve this. Staff members can pick their learning pathways, fill in knowledge gaps, and achieve their learning objectives. The ability to access resources that interest them is crucial to ensure the success of your compliance training efforts.
When the stakes are high, such as for the industries like health and safety, security, and finance, eLearning games perform best when there are genuine risks and repercussions. Therefore, eLearning games (or game components) are a suitable fit for compliance training programs.
They are the cure for boredom because they give learners autonomy, mastery, advancement, friendly competition, and prizes for success. Thanks to technological advances and expanding knowledge, eLearning games are becoming more accessible and popular for compliance training.
Compliance is a very delicate subject that can impact many facets of your company. Your personnel must follow these regulations for regulatory compliance at all times. Any error on their side might cost you dearly in terms of cash, assets, and reputation.
As a result, it’s critical to make sure they are current with all rules and procedures. Using a compliance training program is one approach to accomplish this goal. Even if there are many compliance training options on the market, it is a good idea to look into emerging technology and training approaches.
Additionally, consider the particular requirements of your employees, and if at all possible, research what has or hasn’t worked for other businesses. Based on your study, pick a compliance training program that will improve your tedious training and make it more engaging.