The global pandemic of 2020 has changed the workplace as we know it and will likely continue to reverberate through the employment landscape for some time.
Credly Blog
Can Digital Credentials Save Your Company Money?
Can Digital Credentials Save Your Company Money?
Digital credentials help transform knowledge, skills, and abilities into actionable growth. They can also be a competitive edge, driving real savings to the bottom line for your organization. Here are three ways digital credentials save businesses money:
Credly
2
min read
Digital credentials help transform knowledge, skills, and abilities into actionable growth. They can also be a competitive edge, driving real savings to the bottom line for your organization. Here are three ways digital credentials save businesses money:
Free brand marketing. Digital credentials are highly visual and optimized for sharing on social media and professional networks. This builds awareness, value, and demand for an organization’s credentials and has a real impact. According to the case study ''Shifting the Up-skilling Paradigm: Digital badges help IBM create a diverse, inclusive workforce'', IBM’s digital badge program has garnered more than 200 million estimated social media impressions through early 2018, which is equal to $39,000 per month in marketing value.
Reduce turnover, save recruiting costs. Giving employees an opportunity to work on new projects or initiatives can boost their job satisfaction, helping reduce turnover. And that makes a big difference to the bottom line. Want to know how? Watch this:
Increased revenue. Along withincreasing engagement and retention, recognition technology like digital credentials increases productivity and revenues. According to “Successful Companies Use Technology to Build Company Culture,”issued by the O.C. Tanner Institute, companies that use recognition technology reported 20% increased revenue.
Are you ready to learn more about digital credentialing, and how you can recognize your best employees? We're here to help, schedule a chat with our team now!
Share
Read More
Six Tech Trends to Consider in Higher Ed
Over the last 10 years, the technology available to educational institutions has developed...
Learn more
The Evolving Transactional Nature of Credentialing: The Future of Alternative Credentials
A credential is a form of currency, and in order to be a currency it needs to have relevance...
Learn more
Micro Credentials, Macro Impact
As a Credly Customer Success Manager, I get to work hand-in-hand with organizations that are...
Learn more
Psst: We Badge Too! A Peek Inside Credly’s Own Credentialing Program
At Credly, we truly believe in creating a culture of achievement and recognition, rewarding...
Learn more
Building a Recognition Culture with Digital Credentials
It’s clear that retaining existing employees has become a critical component in an...
Learn more
How to Manage & Share Your Digital Credentials
Accept your digital credential You'll receive an email from Credly notifying you of your new...
Learn more
Ready to Get Started with Credly’s Acclaim platform?