--- title: How an LMS Can Give Your Business a Competitive Edge in 2021 description: By using an LMS, businesses can capitalize on the opportunities that will come with the challenges 2021 brings. image: https://www.topyx.com/hubfs/How%20an%20LMS%20Can%20Give%20Your%20Business%20a%20Competitive%20Edge.jpg --- [![TOPYX Logo](https://www.topyx.com/hubfs/topyx-logo-full.png)](https://www.topyx.com/) - [Contact Sales](https://www.topyx.com/contactsales) - [Features](https://www.topyx.com/lms-features/) - [Learner](https://www.topyx.com/lms-features/learning/) - [Learning Paths](https://www.topyx.com/lms-features/learning-paths/) - [Social Learning](https://www.topyx.com/lms-features/social-learning/) - [Mobile Learning](https://www.topyx.com/lms-features/mobile-learning/) - [Learning Catalog](https://www.topyx.com/lms-features/learning-catalog/) - [Administrator](https://www.topyx.com/lms-features/administration/) - [Reporting & Dashboards](https://www.topyx.com/lms-features/lms-reporting/) - 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[TOPYX Elements](https://www.topyx.com/topyx-elements) - [TOPYX Essentials](https://www.topyx.com/topyx-essentials) - [TOPYX Expanded](https://www.topyx.com/topyx-expanded) - [TOPYX Enterprise](https://www.topyx.com/topyx-enterprise) - Resources - [eLearning Resources](https://www.topyx.com/elearning-resources) - [Videos](https://www.topyx.com/videos) - [FAQ](https://www.topyx.com/lms-benefits/faq/) - [ROI Calculator](https://info.topyx.com/roi-calculator) - [Customer Stories](https://www.topyx.com/customer-success-stories) - [COVID-19 Resources](https://www.topyx.com/online-learning-resources-covid19) - [Blog](https://www.topyx.com/lms-blog) - ![Search Icon](https://www.topyx.com/hubfs/loupe-1.png) - [Request a Demo](https://www.topyx.com/request-a-demo/) - [Contact Sales](https://www.topyx.com/contactsales) - [Features](https://www.topyx.com/lms-features/) - [Learner](https://www.topyx.com/lms-features/learning/) - [Learning Paths](https://www.topyx.com/lms-features/learning-paths/) - [Social Learning](https://www.topyx.com/lms-features/social-learning/) - [Mobile Learning](https://www.topyx.com/lms-features/mobile-learning/) - [Learning Catalog](https://www.topyx.com/lms-features/learning-catalog/) - [Administrator](https://www.topyx.com/lms-features/administration/) - [Reporting & Dashboards](https://www.topyx.com/lms-features/lms-reporting/) - [Certifications](https://www.topyx.com/lms-features/certifications/) - [Content Management](https://www.topyx.com/lms-features/lms-content-management/) - [LMS Integrations](https://www.topyx.com/lms-features/lms-integration/) - [Services & Add-ons](https://www.topyx.com/lms-services/) - [Industries](https://www.topyx.com/industries/) - [Associations](https://www.topyx.com/association-training) - [Corporate](https://www.topyx.com/corporate-training) - [Financial](https://www.topyx.com/financial-services-training) - [Healthcare](https://www.topyx.com/healthcare-training) - [Manufacturing](https://www.topyx.com/manufacturer-training) - [Nonprofit](https://www.topyx.com/nonprofit) - [Retail](https://www.topyx.com/retail-training) - [Sales/Services](https://www.topyx.com/sale-and-services-training) - [Subject Matter Experts](https://www.topyx.com/sme-training) - [Technology](https://www.topyx.com/technology-training) - [Plans](https://www.topyx.com/lms-solutions) - [LMS Pricing](https://www.topyx.com/lms-pricing/) - [TOPYX Elements](https://www.topyx.com/topyx-elements) - [TOPYX Essentials](https://www.topyx.com/topyx-essentials) - [TOPYX Expanded](https://www.topyx.com/topyx-expanded) - [TOPYX Enterprise](https://www.topyx.com/topyx-enterprise) - Resources - [eLearning Resources](https://www.topyx.com/elearning-resources) - [Videos](https://www.topyx.com/videos) - [FAQ](https://www.topyx.com/lms-benefits/faq/) - [ROI Calculator](https://info.topyx.com/roi-calculator) - [Customer Stories](https://www.topyx.com/customer-success-stories) - [COVID-19 Resources](https://www.topyx.com/online-learning-resources-covid19) - [Blog](https://www.topyx.com/lms-blog) - ![Search Icon](https://www.topyx.com/hubfs/loupe-1.png) - [Request a Demo](https://www.topyx.com/request-a-demo/) [LMS](https://www.topyx.com/lms-blog/tag/lms) # How an LMS Can Give Your Business a Competitive Edge in 2021 by [Debbie Williams](https://www.topyx.com/lms-blog/author/debbie-williams) on January 22, 2021 2020 was a tough year for businesses throughout many industries due to the COVID-19 pandemic. Hardships force businesses to adapt, and a major change that came about last year was the increased usage of remote work. In fact, remote work increased by 125 percent in 2020.1 Other changes that affected businesses include a dip in productivity (there was a 7.2 percent drop in productivity after March 2020 in the U.S.2) and smaller workforces due to staff cutbacks. Many companies are still reeling from these changes and taking steps to get back on their feet. While 2021 will surely present its own set of roadblocks and changes, it also brings with it new opportunities. If businesses take advantage of these opportunities using a [learning management system](https://www.topyx.com/what-is-an-lms) (LMS), they can reap benefits such as increased rates of employee retention, improved remote training, and a larger overall staff base. [![Check out our comprehensive list of helpful COVID-19 eLearning resources](https://no-cache.hubspot.com/cta/default/3844305/0b12ac7b-4f44-4982-a810-6a7b65b24b9b.png)](https://cta-redirect.hubspot.com/cta/redirect/3844305/0b12ac7b-4f44-4982-a810-6a7b65b24b9b) ![How an LMS Can Give Your Business a Competitive Edge](https://www.topyx.com/hs-fs/hubfs/How%20an%20LMS%20Can%20Give%20Your%20Business%20a%20Competitive%20Edge.jpg?width=600&name=How%20an%20LMS%20Can%20Give%20Your%20Business%20a%20Competitive%20Edge.jpg) ## An LMS can help you rebuild your workforce through remote onboarding As of June of last year, 7.7 million people had lost their jobs with employer health coverage due to the pandemic. But this year, things are looking up. As vaccines are administered and the economy reopens, old and new jobs will become available. Your company may even have new job openings soon. This means you have a golden opportunity to rebuild your workforce, which can lead to a healthier bottom line since more employees equals more productivity. Also, companies that have a structured onboarding program may experience a 60 percent year-over-year revenue increase.3 To quickly fill positions and rebuild your workforce, hiring managers need an onboarding program that is effective and user-friendly. If you plan to offer new hires the option of working from home, your onboarding program will need to support [remote training](https://www.topyx.com/remote-training). An LMS will help you capitalize on the opportunity to onboard your new hires quickly and get them up to speed with their peers by enabling you to:  - Customize the program to your company’s brand and users’ unique training needs. - Deliver the program to those working and learning from home via [mobile learning](https://www.topyx.com/lms-features/mobile-learning/)and other [LMS features](https://www.topyx.com/lms-features/).  - Report on the training program using [LMS reporting](https://www.topyx.com/lms-features/lms-reporting/) and analytics  In addition to onboarding new hires, you can use an LMS to provide ongoing training to workers. This is significant because, according to CNBC, “94 percent of employees say that they would stay at a company longer if it simply invested in helping them learn.”4 This leads us to our next point: an LMS can allow your company to improve employee retention in 2021.  **Related Reading:** [Can LMS Software Make Your Employee Onboarding Program More Effective?](https://www.topyx.com/lms-blog/lms-software-for-employee-onboarding-programs) [![Remote Training in the Age of Coronavirus eBook](https://no-cache.hubspot.com/cta/default/3844305/bb3c15d8-2114-4c13-bfbe-8ca0c032dcbd.png)](https://cta-redirect.hubspot.com/cta/redirect/3844305/bb3c15d8-2114-4c13-bfbe-8ca0c032dcbd) ## Improve employee retention rates in 2021 with a learning management system 2021 will provide opportunities to not only rebuild your workforce through onboarding but also to retain your workforce and reduce leaves of absence through targeted remote training that addresses workers’ concerns. This can be accomplished with an LMS.  One of the biggest hurdles companies experienced in 2020 was the loss of workers and reduced productivity. Everyone is aware that many individuals lost their jobs last year, but it’s important to remember that not all employees who were out of work had an objection to their situation. Some of them voluntarily left their jobs, and a lot of Americans are currently contemplating leaving their positions. In October of 2020, CBS News reported that 25 percent of Americans were thinking about quitting their jobs due to concerns about the coronavirus crisis,5 and one-fifth had taken a leave of absence. Also, “Since the crisis began, 40% of working parents have had to change their employment situation, according to a new survey from career website FlexJobs,” stated CNBC. “Of those polled, 25% voluntarily reduced their hours and 15% quit entirely. Of those who quit, 38% don’t plan to rejoin the workforce.” This has resulted in huge losses in productivity and revenue for businesses.  By using an LMS to deliver targeted [online employee training](https://www.topyx.com/online-employee-training) that addresses all the concerns your employees may have about the coronavirus pandemic (or anything else), you can prevent staff attrition and keep low productivity due to fears around COVID-19 at bay.  **[![Find The Perfect eLearning Solution With The LMS Comparison Tool](https://no-cache.hubspot.com/cta/default/3844305/171b313e-fe13-44f1-bfa0-8e7c7786b728.png)](https://cta-redirect.hubspot.com/cta/redirect/3844305/171b313e-fe13-44f1-bfa0-8e7c7786b728)** ## Prepare for change with an LMS If 2020 taught us one thing, it's that businesses must be agile and ready to adapt to sudden changes. Because an LMS gives a business the tools it needs to quickly onboard employees and provide the specific remote training they need, it makes businesses more resilient and more competitive, setting them up for success now and in the future.  Do you need a new LMS for the new year that will help your company make the most of every opportunity 2021 presents? If so, request an [LMS demo](https://www.topyx.com/request-a-demo/) of the TOPYX platform today. [![Quick Start TOPYX LMS](https://no-cache.hubspot.com/cta/default/3844305/816b8321-596b-4e8b-9e6d-fd5ee488ffa9.png)](https://cta-redirect.hubspot.com/cta/redirect/3844305/816b8321-596b-4e8b-9e6d-fd5ee488ffa9) --- Sources: \[1\] https://www.aternity.com/wp-content/uploads/2020/04/Global-Remote-Work-Productivity-Tracker-Vol-1.pdf \[2\] https://www.aternity.com/wp-content/uploads/2020/04/Global-Remote-Work-Productivity-Tracker-Vol-1.pdf \[3\] https://www.rootinc.com/pdfs/whitepapers/Onboarding\_Whitepaper\_082012.pdf \[4\] https://www.cnbc.com/2019/02/27/94percent-of-employees-would-stay-at-a-company-for-this-one-reason.html \[5\] https://www.cbsnews.com/news/pandemic-concerns-u-s-workers-quitting-jobs/ ![Debbie Williams](https://www.topyx.com/hubfs/Images/Stock%20Images/Website_Image_Woman_MASTER.jpg) [Debbie Williams](https://www.topyx.com/lms-blog/author/debbie-williams) Director, Marketing ##### you may also like [![Here’s how eLearning can meet your company’s training needs. ](https://3844305.fs1.hubspotusercontent-na1.net/hubfs/3844305/TOPYX2.jpg)](https://www.topyx.com/lms-blog/how-elearning-can-meet-the-training-needs-of-businesses-of-all-sizes) [LMS](https://www.topyx.com/lms-blog/tag/lms), [eLearning and Corporate Training](https://www.topyx.com/lms-blog/tag/elearning-and-corporate-training), [2023 LMS trends](https://www.topyx.com/lms-blog/tag/2023-lms-trends) ## [How eLearning Can Meet the Training Needs of Businesses of All Sizes](https://www.topyx.com/lms-blog/how-elearning-can-meet-the-training-needs-of-businesses-of-all-sizes) [![How to make the most of your company’s LMS. ](https://3844305.fs1.hubspotusercontent-na1.net/hubfs/3844305/custom-video-thumbnails/Enhance%20Your%20LMS.jpg)](https://www.topyx.com/lms-blog/ready-to-enhance-your-lms-experience-1) [LMS](https://www.topyx.com/lms-blog/tag/lms), [Best LMS](https://www.topyx.com/lms-blog/tag/best-lms), [2023 LMS trends](https://www.topyx.com/lms-blog/tag/2023-lms-trends) ## [Ready to Enhance Your LMS Experience?](https://www.topyx.com/lms-blog/ready-to-enhance-your-lms-experience-1) [![Find out how health and safety rules related to the pandemic are affecting corporate training. ](https://3844305.fs1.hubspotusercontent-na1.net/hubfs/3844305/headline.jpg)](https://www.topyx.com/lms-blog/how-evolving-health-safety-protocols-have-impacted-corporate-training) [LMS](https://www.topyx.com/lms-blog/tag/lms), [corporate training](https://www.topyx.com/lms-blog/tag/corporate-training), [health and safety](https://www.topyx.com/lms-blog/tag/health-and-safety) ## [How Evolving Health & Safety Protocols Have Impacted Corporate Training](https://www.topyx.com/lms-blog/how-evolving-health-safety-protocols-have-impacted-corporate-training) [![TOPYX LMS Logo](https://www.topyx.com/hubfs/topyx-logo-full.png)](https://www.topyx.com/) - [TOPYX Blog](https://www.topyx.com/lms-blog) - [About Us](https://www.topyx.com/about-us) - [Contact Us](https://www.topyx.com/contact-us) - [Contact Sales](https://www.topyx.com/contactsales) - [Submit an LMS RFP](https://www.topyx.com/submit-an-rfp) - [Referral Program](https://www.topyx.com/referral-program/) - [Careers](https://www.topyx.com/careers) - [COVID-19 Resources](https://www.topyx.com/online-learning-resources-covid19) - [What is an LMS?](https://www.topyx.com/what-is-an-lms) - [LMS Training](https://www.topyx.com/lms-training) - [Remote Training](https://www.topyx.com/remote-training) - [LMS System](https://www.topyx.com/lms-system) - [LMS Software](https://www.topyx.com/lms-software) - [LMS Overview](https://www.topyx.com/lms-overview) - [Employee Training Software](https://www.topyx.com/employee-training-software) - [Learning Experience Platform](https://www.topyx.com/learning-experience-platform) - [LMS Solutions](https://www.topyx.com/lms-solutions) - [Social Learning Platform](https://www.topyx.com/social-learning-platform) - [Online Employee Training](https://www.topyx.com/online-employee-training) - [Enterprise Learning Management System](https://www.topyx.com/enterprise-learning-management-system) Newsletter Sign-up - We're Social - [![TOPYX Twitter](https://www.topyx.com/hubfs/Ironpaper/twitter-icon.png)](https://twitter.com/TOPYX) - [![TOPYX LinkedIn](https://www.topyx.com/hubfs/Ironpaper/linkedin-icon.png)](https://www.linkedin.com/company/topyx) - [![TOPYX YouTube](https://www.topyx.com/hubfs/Ironpaper/you-tube-icon.png)](https://www.youtube.com/user/TOPYXsocialLMS) © 2022 Interactyx. 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