How myTectra Helped Meredith Save 30% on Employee Training Costs

Meredith India, a subsidiary of Meredith Corporation (USA), the largest digital and print publisher in America. with over 2,000 employees in India, was grappling with high training costs due to traditional in-person sessions. The diverse workforce required customized training modules, which further inflated costs and complicated logistics. Additionally, time constraints were affecting productivity and there were limited ways to measure the return on investment (ROI) for training programs. Meredith needed a scalable, cost-effective, and efficient solution to upskill its workforce and maintain its competitive edge.

 

In search of a viable solution, Meredith evaluated several training providers but ultimately chose myTectra due to its expertise, flexibility, and cost-effective offerings. myTectra provided a variety of training services, including classroom session, virtual live sessions, self-paced e-learning, and a comprehensive learning management system (LMS). This allowed Meredith to deliver consistent and scalable training to over 500 employees. As the L&D Head at Meredith states, 'Partnering with myTectra has been a game-changer for Meredith. Their innovative training solutions not only saved us 30% in costs but also ensured our employees were equipped with the right skills to drive business success. We’re thrilled with the results and look forward to continuing our collaboration.'

 

After implementing myTectra's training solutions, Meredith saw a significant 30% reduction in training costs. Employee confidence surged by 85%, leading to improved productivity and morale. Project delivery improved by 25%, ensuring timely and efficient completion of tasks. Over 500 employees were successfully trained, equipping them with the necessary skills to excel in their roles. The detailed analytics provided by myTectra also enhanced ROI tracking, allowing Meredith to make data-driven decisions for future training initiatives.