The Total Economic Impact™ of CoachHub
To explore quantifying the value of digital coaching, CoachHub commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment enterprises may realize by deploying a Coaching Platform.
Key findings
As workplaces evolve, businesses need to invest in innovative ways to meet the diverse demands of their workforce―and likewise see a return on their investment (ROI).
This study provides a framework to evaluate the potential financial impact of CoachHub on their organizations as well as insights that articulate the benefits, costs and risks associated with an investment in people development.
Advantages of the Coaching Platform
This study reveals how employees and the organizations were able to benefit from CoahHub’s Coaching Platform and resolve potential concerns proactively. Benefits include:
Improved employee efficiency
HR time savings of 1 hour per coachee
Employee retention improvement of 3% to 5%
“Breaking it down, our employees are more motivated, more engaged, and more empowered. They’re just happier all around.”
Benefits of digital coaching
Companies who use digital coaching experience a wide-range of advantages that impacts impacts each individual throughout the enterprise.
Improved employee morale
Better accessibility and reach to employees
Increased receptiveness to business processes
Lower carbon footprint with digital coaching