Using Virtual Reality To Help You Improve Employee Retention
Only last month, the U.S. Department of Labor’s JOLTS revealed that nearly 4.3 million people quit their jobs in January 2022, bringing the number of people who handed in their notice as a result of the COVID-19 pandemic up to 48 million. And even though keeping employees has always been harder than hiring them, one thing is certain: the Great Resignation is and will continue to put businesses in a tight spot.
Although the reasons for the record resignation numbers vary from person to person, lack or poor learning and development opportunities have always been one of the biggest factors behind high employee turnover. After all, no one wants to feel like they’re not doing a good job because they lack the proper skills, nor like they’re stuck in the same position forever. And while providing adequate training opportunities alone won’t retain your best employees, it certainly will make them think twice before leaving.
So, how can you improve the quality of your L&D program and take a preventive step toward the Great Resignation? Look no further than Virtual Reality (VR) and the potential of immersive learning.
How Virtual Reality Training Will Help You Retain Employees
Your onboarding process can make or break the new hires. It helps new employees to familiarize themselves with their roles and the company’s culture while gradually becoming valued members of your workforce. An effective onboarding will give them all the right tools and confidence to perform well and commit to the company’s goals.
As a training tool, VR immerses the new hires into real-life scenarios through engaging visual and auditory experiences, allowing them to get a better grasp of the new workspace and tasks they have to perform from day one. They learn by practice, regardless of whether they’re in the office or are hired on a remote basis.
Equal Learning Opportunities
The Great Resignation isn’t the only challenge organizations face as we head toward recovery; the ability to work remotely is also a significant factor for which people leave their jobs post-pandemic. And while some companies have fully embraced the remote or at least hybrid model, some still struggle with the transition, especially when it comes to employee training.
Virtual Reality bridges the gap between office and remote staff, providing all with equal growth opportunities and learning outcomes. This flexibility gives freedom – freedom for your employees to achieve work-life balance, and freedom for you to train (and hire) anywhere in the world while keeping the costs down.
Higher Engagement & Satisfaction
When your employees are engaged and invested in what they do, your whole business benefits. Why? Engaged and satisfied employees work harder, are more committed to shared values, and are more motivated to reach the company’s goals. As a result, your profitability goes up while employee turnover remains low, allowing you to scale up.
But don’t think about employee engagement just in terms of company retreats or adding a few bean bags to your break room – think tools like Virtual Reality to make the training or even happy hour even more captivating. The immersive experience will leave lasting, positive memories for all participants.
Virtual Reality To Combat High Employee Retention
Don’t overlook the importance of engaging learning opportunities when trying to improve employee retention. Employees who are more confident in their skills and are able to progress in their careers are loyal, and less likely to leave when a better job offer comes along.
VR alone won’t save a poor L&D program, but it could be the first step toward improving it. Learning in VR is more effective compared to traditional methods, and gives employees a chance to practice the new skills in a safe and pressure-free environment.
Looking for a personalized VR training solution for your organization? Reach out to us and let’s discuss together how Flint Tech can help you achieve your goals.