ST.PAUL, Minn.- According to Securian Financial Network National Program Management Consultant Cindy Maag, although the “e” in e-learning technically stands for “electronic,” it could also mean “economical” or “effective.” A Brandon-Hall study finds that the cost to train individuals across all industries during the past five years is $760 for traditional face-to-face training and $106 for e-learning. In addition, a 2003 IBM white paper reports that employees learn 25 to 40% faster using e-learning. Maag says Securian’s e-learning programs are not only saving money but they are also helping financial institutions sell more products. According to Maag, e-learning allows staffers to receive training on their own timetables without leaving their workstations. The three year-old division now offers nine custom interactive training modules, ranging from Payment Protection, which teaches credit union employees how to sell Minnesota Life credit insurance, to Investigating Member Needs. All e-learning training modules are a free service for Securian’s financial institution clients. “While I believe we will always offer face-to-face training, the use of e-learning will continue to grow,” said Maag.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.