In today’s rapidly evolving business landscape, it’s more important than ever for companies to stay ahead of the curve and utilize the latest technologies to drive success. One area where this is particularly important is in employee training, where the use of 360 virtual reality can offer numerous benefits to companies looking to improve their training programs. In this post, we’ll explore 10 statistical benefits of using 360 virtual reality in training, including increased engagement, improved knowledge retention, and reduced costs. By the end, you’ll be convinced of the powerful impact that 360 virtual reality can have on your company’s training efforts.
- Improved Retention Rates:
Virtual reality (VR) has revolutionized the way employees learn and retain new skills. Research has shown that employees who learn through VR retain 80% of what they learned, compared to just 20% from reading or hearing alone. This is because VR technology is incredibly immersive, allowing learners to experience realistic simulations of complex tasks in a safe and controlled environment. With VR, employees can practice and master new skills without the risk of injury or damage to equipment. Moreover, virtual training can be repeated as many times as necessary to ensure that employees have a deep and comprehensive understanding of the material. As the cost of VR hardware continues to drop, more and more businesses are turning to this technology to train their employees effectively and efficiently. So, if you want to stay ahead of the competition, consider incorporating VR into your training program and give your employees the tools they need to succeed. (eLearning Industry) - Increased Learning Speed:
Virtual reality (VR) is revolutionizing employee training by providing an immersive learning experience that engages all senses. With VR, employees can learn in a safe and controlled environment, without the risks and costs of traditional training methods. And the best part? VR training can reduce the time required to train employees by up to 50% compared to traditional classroom methods, without sacrificing learning quality. Companies are already seeing the benefits of VR training in various industries, from customer service to soft skills like diversity and leadership. A recent study by HR Block found that 70% of their customer service representatives preferred VR training to traditional learning tools, while another study revealed that VR simulations can teach soft skills like empathy and communication better than classroom training. So why settle for old-school training methods when you can give your employees the cutting-edge VR training they deserve? (eLearning Industry) - Reduced Costs:
Virtual reality has proven to be an efficient and cost-effective tool for employee training. Studies have shown that virtual reality can cut training costs by up to 50% compared to traditional classroom methods, which means significant savings for companies [1]. Not only that, but virtual reality can also save time for both trainers and trainees. For example, what would take two hours to learn in a classroom could possibly be learned in only 30 minutes using VR [2]. In addition, the Covid-19 pandemic has significantly prompted the adoption of virtual reality and augmented reality technologies as businesses have turned to remote work. This has made virtual reality an increasingly important tool for training and development, allowing employees to learn and improve their skills from anywhere in the world [3]. By utilizing virtual reality for employee training, companies can save costs while also providing their employees with an engaging and effective learning experience.. (eLearning Industry) - Improved Safety:
Virtual reality has revolutionized the way businesses train their employees by providing an immersive learning experience that allows workers to identify and manage risks in a safe and controlled environment. By simulating hazardous scenarios, VR training enables employees to develop essential skills and knowledge without exposing them to real-life dangers. This method not only reduces the risk of accidents and injuries but also saves companies significant costs associated with insurance, legal claims, and lost productivity due to injury. With VR training, businesses can ensure their employees are fully equipped to handle high-risk situations and improve overall safety in the workplace.. (VR Training) - Increased Confidence:
Virtual reality training has been found to boost employee confidence and performance by immersing them in realistic simulations of real-life situations. According to recent studies, employees who completed VR training felt more emotionally connected to the content than those who learned in a traditional classroom setting, leading to greater retention of the material and a deeper understanding of how to apply it in their work. Additionally, VR-trained employees reported being more focused during training and more confident in their ability to perform on the job. This increased confidence can lead to better job performance and improved productivity, ultimately benefiting both the employee and the company. With these benefits and more, virtual reality training is quickly becoming a go-to solution for businesses looking to enhance employee skills and performance.(Training Journal) - Better Decision Making:
Virtual reality (VR) technology has revolutionized the way employees are trained by creating realistic simulations of workplace scenarios, allowing them to develop better decision-making skills. With VR, employees can immerse themselves in interactive and engaging training environments, helping them to gain practical experience without the risk of real-world consequences. For example, an employee can interact with a virtual avatar to practice leadership development and conflict resolution skills [1]. By providing realistic simulations, VR can help employees learn how to handle challenging and complex situations, leading to better decision-making and problem-solving skills. This can translate into improved job performance and increased productivity. With the use of VR, companies can provide a more effective and engaging training experience for their employees, helping them to develop and grow in their roles.(Forbes) - Increased Engagement:
Virtual reality (VR) is rapidly becoming a go-to solution for corporate training because of its immersive, interactive nature. VR training environments can simulate scenarios in a realistic, engaging manner that traditional training methods cannot match, increasing employee engagement and motivation [1]. In fact, a study by PwC found that VR learners were up to four times more focused during training than their e-learning peers, and 1.5 times more focused than their classroom colleagues, which led to better outcomes and improved skill retention [2]. Furthermore, VR simulations for soft skill training, such as leadership development and customer service, have proven to be effective in increasing employee engagement and motivation, which can lead to better learning outcomes [3]. Overall, VR training is a powerful tool that can revolutionize corporate training, making it more effective, engaging, and memorable. (Forbes) - Improved Collaboration:
Virtual reality (VR) can revolutionize the way teams collaborate and build a strong bond, even if they are geographically dispersed. VR offers a new spin on traditional team-building activities, such as happy hours and team outings, by providing a range of experiences through casual lounge spaces, multi-floor buildings, and virtual worlds [1]. With the help of VR, remote collaboration can be made more effective as students and teachers can interact with and explore immersive and 2D content, resulting in improved retention rates of learned material [2]. VR can also encourage communication and teamwork by providing shared spaces like Slack channels and weekly check-ins where team members can bring questions, bounce ideas, and spark group discussions, even if they tend to work independently [3]. By facilitating remote collaboration and team building, VR can improve communication and teamwork, leading to more productive and successful outcomes. (eLearning Industry) - Enhanced Understanding:
Virtual reality is a powerful tool that can help employees better understand complex or abstract concepts through visualization and interaction. By creating immersive environments and realistic simulations, VR can provide a unique and engaging way for employees to learn and retain information. A 2020 PwC study found that employees completed VR programs up to four times more focused than their e-learning peers, indicating that VR training can be highly effective in helping employees understand complex topics. Additionally, VR can be used to practice challenging interactions, such as dealing with a demanding customer or providing a tricky performance review, allowing employees to build their skills and confidence in a safe, controlled environment. By utilizing VR training, businesses can provide their employees with an innovative and engaging way to learn, resulting in improved performance and increased productivity. (Forbes) - Improved Performance:
Virtual reality training is becoming increasingly popular for helping employees improve their job performance. With the Covid-19 pandemic, the need for virtual training applications has increased [3]. Companies like HR Block are using VR simulations in their onboarding process to help new hires develop essential soft skills and ensure a consistently positive customer experience [1]. VR simulations are now being used to teach soft skills like diversity and inclusion, customer service, and conflict resolution, which can significantly improve job performance [2]. Studies have shown that employees who receive virtual reality training demonstrate up to a 40% improvement in job performance, making VR an effective tool for companies to invest in to improve their employees’ skills and increase productivity [3]. (Training Industry)
When it comes to training employees, using 360 virtual reality can bring significant benefits to your company. With the ability to provide immersive experiences and simulations, virtual reality training can improve employee retention and engagement, as well as help them better understand complex concepts. Additionally, it can be a cost-effective solution for companies looking to train employees without the need for physical equipment or in-person training. By implementing virtual reality training, companies can see up to a 40% improvement in job performance. So, if you’re looking for a way to enhance your employee training program and take your business to the next level, consider incorporating 360 virtual reality training today.