Business

Why Companies Are Switching to Machine Learning Instead of Corporate Language Training

There are around 70k multinational companies in the world along with a network of 500k subsidiaries. More than half of the world trade is controlled by these companies. The first ever multinational companies of the modern era belonged to agriculture, oil and mining sectors when the industrial revolution occurred and huge reserves of natural resources were discovered across the globe especially in the middle east. Now with the boom in the e-commerce industry, niche specific businesses are also going global because of huge demand for their products.

The sole purpose of businesses to go global is to generate more revenues and secure huge investments. In this regard the greatest asset of businesses are their bilingual employees who can help expand overseas. These employees are good at multitasking, international relations and market testing etc. For such companies corporate language training plays a vital role and companies regularly organize language training sessions for their employees.Thanks to the technology advancements the process is not as complex as it used to be. Well designed language learning programs like FunEasyLearn for Business have changed the way of corporate language training.

Corporate Language Training For Employees

In today’s world of globalization, effective communication skills of employees are important for business success. This ensures better dealing with foreign partners or clients. Around 87 percent executives say that their business is largely dependent on multiple languages that are critical for their business survival. Corporate language training helps companies to build following qualities in their employees.

Confidence development;

Businesses nowadays rely on both expertise and confidence of employees  especially in multicultural environments. So language confidence is a key part of the game and it can be achieved by language learning and training.

Improved performance;

Language training improves the overall performance of an employee by boosting memory and concentration.Being fluent ensures better communication with co-workers, supervisors or clients.

Go global;

A research by Baroness Coussins showed that the UK economy is at a loss of 50bn per year because of lost contracts due to lack of necessary language skills in the workforce. There are dozens of such cases worldwide and it can be avoided by conducting language training for employees to narrow down language gaps so they can help companies to establish new offices worldwide.

Cost Of Corporate Language Training

Keeping in mind the above benefits of language training for employees, every business would love to invest in these programs but the sad truth is that it is not affordable. A survey conducted by Training Industry Report revealed that a small company spends on average $234,850 on employees’ overall training on an annual basis. So for small businesses it is nearly impossible to allocate that much budget for training purposes. Another report by The Association of Training and Development in 2011 came out with the results that American Businesses collectively spent $166 Billion on training and the majority of the employees said that they have lost the acquired skills. A follow up only resulted in 10% retention. It means that the process is not as effective as it needs to be.

Revolutionize Language Training For Your Employees

Businesses are constantly looking for the methods of corporate training which are economical as well as effective especially for language learning which is perhaps the most demanding skill. There are certain language training programs designed for the corporate sector to achieve their goal without worrying about huge costs. FunEasyLearn for Business is the best choice which can bring tremendous results by reducing the cost with no compromise on quality of learning. The app is designed for both individuals and businesses which comes with top notch features to enhance the learning capabilities. Some of the features offered are:

Currently FunEasyLearn is being used in five continents with millions of daily active users. The app has won Huawei HMS App Innovation Contest 2020  along with

2021 Russia and CIS Edtech 100 award. If you need more information then please get in touch for the free premium license for app testing purposes. We are already providing discounts with 12 month subscription plans. If you have custom requirements then please book a free consultation meeting with us and we will make you a specific offer as per your needs.