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Benefits of Using an LMS for Partner Training

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An LMS offers scalability and flexibility by allowing companies to set up and manage training, measure their effectiveness, and provide feedback on training needs. Additionally, they can create learning paths for different types of employees. 

Training can be delivered anywhere, anytime, and learners can manage their progress without the need for an instructor to monitor them. Here are some other benefits to using an LMS for partner training:

1. Easy Content Creation

Partner training companies often offer a variety of services. Making it easy to create new courses based on what a partner needs. An LMS allows for a quick turnaround when training needs are urgent. 

An LMS makes it easy to add new content and deliver it in a format that partners will find helpful. It includes creating folders for different learners or keeping track of where each learner stopped in a course.

Closely following industry trends ensures that partners are always up-to-date and doesn’t require much work on the training company’s end. When companies sign up for an LMS for partner training, they will be automatically notified of new courses created by other organizations to stay current. 

There is no need to spend time searching for new content; it will show up in their feed, ready to be used.

3. Collecting Feedback for Continuous Learning

Partner training companies are constantly collecting feedback from the partners they train. Using an LMS allows them to easily track this information and create reports around the data to see what’s working well with various learners. 

Not only can they see which courses are most popular, but they can also see where learners tend to get stuck or even notice the most common mistakes. This helps make internal training more efficient and the partner’s training more effective by better understanding their target audience.

4. Additional Services

LMS solutions offer a wide range of services beyond course creation and delivery. These include providing analytics, delivering tests and assessments to measure learning, offering virtual classrooms, hosting webinars, and more. 

They will be able to offer partners many different services depending on the type of business the training company specializes in.

5. Ease-of-Use

Although LMS solutions vary from one product to another, they all have a similar look and feel, making learning quick. In addition, most LMSs now include a mobile app that allows learners to access their training account from anywhere at any time. 

These days, there is no need for learners to sit in a classroom for hours waiting for something to load on a projector; everything is accessible through an easy-to-use app.

6. Scalability and Flexibility

LMS solutions offer scalability and flexibility to make it easy for partners and the training companies they work with to provide courses on various topics without maintaining separate code bases or hosting accounts. 

These features allow organizations small and large to quickly ramp up their training services, all with the same product.

7. Security and Compliance

Specific LMS solutions are designed to meet specific industry compliance, making it easy to ensure that partners meet government regulations. These tools also offer security to protect sensitive data, such as personal information or courseware, from getting into the wrong hands.

Additionally, they’re accessible 24/7 through a web portal, making it easy for people to work from home if needed.

8. Seamless Backup and Recovery

LMSs make backing up and restoring training data easy. This is essential when building new courses or moving them between hosting accounts. 

The tools offer scheduling and version control, allowing partners to store past versions of their courses for review. This can be helpful when needed to roll back to an older version, but it also provides the ability to keep past data around in case there is ever a problem with current courses.

Final Thoughts

Partner training companies can benefit in several ways when using an LMS. Partner training is difficult, time-consuming work, which requires constant upkeep and research to ensure learners receive the best education possible.

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Finance

Don’t Invest Your Emergency Fund… Unless

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Getting the most out of your emergency fund is hard these days. The average savings rate isn’t keeping pace with inflation, which means your money is losing value the longer it sits in a basic account. All that lost earning potential can make you break one of the most important rules of emergency funds: don’t invest.

As a general rule, you should never invest your emergency fund. Investments can tie up money that’s supposed to be available at the drop of a hat. These delays can complicate an already difficult financial situation if you can’t access your cash for urgent repairs or expenses.

But as the saying goes, all rules are meant to be broken. There might be times when investing some of your emergency fund can strengthen your financial health. How much you have sitting in your savings is an important distinction that can help you decide whether investments are right for you.

How Much Should You Save in Your Emergency Fund?

Financial advisors recommend saving three to six months of living expenses in your emergency fund.

If you aren’t quite there yet, your emergency fund may fall short of what you need. In an emergency, online loans can help pick up the slack.

Online loans provide quick and convenient applications, so you don’t waste any time wondering if you qualify. If approved, a financial institution like MoneyKey can deposit your funds directly into the account of your choice. This way, your online loan is just as accessible as savings would be, making them a fast-acting solution in an emergency.

Why You Shouldn’t Invest Your Emergency Fund

If you rely on online loans, or you’re still working towards saving up three to six months of expenses, investing your emergency fund is a bad idea. It could delay how quickly you get your hands on your cash, and your fund could even lose value.

1. Timing

Your savings should be easy to access at any time. After all, an emergency can crash-land in your life without any warning — morning, noon, or night.

Most basic savings accounts allow you to transfer your savings whenever you want online, with very short processing times.

Investments are different. Depending on how you invested your money, you might have locked your money into a specific term. Withdrawing before its maturity date is possible, but it can take time to cut through the bureaucratic red tape.

2. Penalties

Paperwork isn’t the only headache of withdrawing from your investments early. You may also face steepcash penalties. You’ll also have to factor in how this withdrawal affects taxes.

3. Lost Value

You can’t predict when you’ll deal with an emergency or the eventual expense that comes with it. That means you can’t strategically time your withdrawal to maximize their value. Your funds may not even retain their original value if you’re forced to withdraw when your stocks take a nosedive.

When Can You Invest Your Emergency Savings?

Let’s say you’ve finally reached your goal of six months. Congratulations! Only roughly27% of American households can boast this achievement.

At this point, do you put a stop to your emergency savings? No, but how you save them should change.

Top up this account any time you use it, but don’t over contribute beyond three or six months. Rather than exceeding your goal in a basic account, you should funnel the excess into investments.

This way, you have the best of both worlds. One, you’ll keep the liquidity of a fully stocked emergency fund with a basic account. And two, you’ll start to maximize your earnings potential through tax-advantaged investments that promise a higher return rate.

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Work

Five Things Employees Look for in a Job Role

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The world of work has been changing lately. While technological developments and paradigm shifts in business models have changed the landscape of work globally, workers both globally and nationally have found their worth and their voice. Despite the rise of AI and automation, the worker is worth more than ever, and some businesses are struggling as a result. What is it that employees look for in a role today, and how might a business adopt them to improve their own employee turnover?

Flexibility

One of the most important factors to workers today is flexibility. This has been borne out by the runaway popularity of remote and hybrid working schemes, which were introduced as a result of the coronavirus pandemic in 2020. With businesses demonstrating that remote work is possible without impacting productivity, more workers today expect accommodations for remote work as a standard part of their contract.

Stability

Stability is another major factor that employees bear in mind when considering a role. It can appear in two distinct ways: a comfortable wage, and guaranteed job security. Offering a competitive wage means employees can worry less about their living standards or future, allowing them to settle into their role. A robust development pipeline and internal career trajectory can also show employees that staying would be to their benefit.

Benefits

Salary alone is not enough to entice applicants to a job today, though. It is also necessary for a role to offer a number of competitive perks and benefits in order to sweeten the deal. These can range from small perks to major additions. On the smaller side, healthcare workers might get a Nandos NHS discount as a small token; on the more essential side, workers might get offered private healthcare coverage for themselves and their family.

Trust

Trust as a factor touches on the company culture within and office or department, and the management style of both middle and executive managers. If an employee feels micromanaged by their line manager or any superior, they are less likely to feel trusted in their role, and more likely to look for somewhere that is a better fit. A conversational management style and a transparent structure for departments can go a long way to demonstrating trust.

Shared Values

This last factor is one that has gained prescience in recent years, as employees seek to match their personal values with their career trajectory. Social justice and good causes can form interstitial parts of an employee’s identity, and in an age where information is more readily available than ever, workers are able to see the impacts a business has outside of its secondary role as ‘job-giver’.

With a principled workforce unwilling to tacitly lend credence to damaging acts or activities – key focuses at present being the climate crisis and rising racial tensions -, individual job-seekers are seeking roles where their values are shared by their prospective employer. This is both to pressure organisations into adopting those values, and to ensure that their own are not being compromised in their professional lives.

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Business

How to Design and Create a Poster from Scratch

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Posters are an effective way to communicate a message, promote an event or a product. They are widely used in various industries such as advertising, education, entertainment, and politics. A well-designed poster can grab people’s attention and convey a message effectively. In this blog, we will discuss how to design and create a poster from scratch.

Define the purpose of the poster

The first step in creating a poster is to define its purpose. Ask yourself, what is the message you want to convey through this poster? Is it to promote an event or a product, or to create awareness about a social cause? Once you have defined the purpose, you can move on to the next step.

Gather information and brainstorm ideas

The next step is to gather information related to the purpose of the poster. This can include images, text, and data. Once you have the information, you can brainstorm ideas for the design of the poster. This can include the colour scheme, font style, layout, and images.

Choose the right software

Choosing the right software is important in creating a poster. There are many design software options available, including Adobe Photoshop, Illustrator, and InDesign. Each software has its own strengths and weaknesses, so choose the one that is most suitable for your needs and you will be able to design the perfect poster.

Set up the poster size and resolution

Before you start designing the poster, it is important to set up the poster size and resolution. This will ensure that the poster is of the correct size and resolution for printing. The standard poster size is 24 x 36 inches, but this can vary depending on the purpose of the poster. Ensure you know the purpose of the poster and you will be able to choose the correct poster size.

Create a layout and add content

Once you have set up the poster size and resolution, you can start creating a layout for the poster. This can include the placement of text and images, as well as the overall design of the poster. It is important to make sure that the layout is balanced and easy to read.

After creating a layout, you can add content to the poster. This can include text, images, and graphics. Make sure that the content is relevant to the purpose of the poster and is easy to understand.

Choose the right colour scheme and font style

Choosing the right colour scheme and font style is important in creating a poster. The colour scheme should be eye-catching and relevant to the purpose of the poster. The font style should be easy to read and should complement the overall design of the poster.

Review and revise

Once you have completed the design of the poster, it is important to review and revise it. This can include checking for spelling and grammar errors, as well as making sure that the design is balanced and easy to read. You can also get feedback from others to improve the design.

Designing and creating a poster from scratch can be a fun and rewarding experience. By following these steps, you can create a poster that effectively communicates your message and grabs people’s attention. Remember to define the purpose of the poster, gather information, choose the right software, set up the poster size and resolution, create a layout, add content, choose the right colour scheme and font style, and review and revise. With a little creativity and hard work, you can create a poster that stands out and makes an impact.

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