Implementation of Critical Educator-Full LMS Results in
Enterprise-wide Annual Cost Savings of Over $640,000
In order to meet the combined requirements for JCAHO, OSHA, Medicare and state regulations, our flagship customer's 5,500 employees were spending an average 11 hours per employee (60,500 hours collectively) annually in classroom training. After implementing Decision Critical's web-enabled Critical Staffer Full Learning Management System (LMS), this enterprise found that each hour-long module now took their employees only 15 minutes to complete while still achieving the same level of required compliance and competency.
What did they save?
| Time savings | Average salary | Annual cost saving per employee | ||
| 8.25 hours (11 - 2.75) |
x | $14 per hour | = | $115.50 |
Utilizing our free ROI calculator, our client was able to quickly calculate their enterprise-wide cost savings.
Multiplying $115.50 by the number of employees (5,550) led to enterprise-wide cost savings of over $640,000 annually.
That figure does not reflect additional cost savings related to:
- Reductions in classroom expenses, including instructor time
- Covering the shift of the nurse while in the classroom
- In-house mainframes and servers
- IT staff needed to develop and maintain an in-house system.
If you want to learn how much on average we can help you save, please feel free to utilize the ROI calculator above, or Contact us directly to find out how Critical Educator can help your organization.
