|New Study: Language Training is Critical to Development of Global-Ready Workforce and Millennial Business Leaders|
(Thomson Reuters ONE via COMTEX) --New Study: Language Training is Critical to Development of Global-Ready Workforce and Millennial Business Leaders
Majority of workers say company-provided language training makes them more effective, loyal employees
ARLINGTON, VA (February 12, 2014)--Rosetta Stone Inc. (NYSE:RST), the world's leader in technology-based learning solutions, today announced the release of a new study showing the definitive impact business leaders can have on employees and the overall success of their business by providing language training and the skills needed to be competitive in today's global economy. Rosetta Stone's 2015 Business Language Impact Study, which surveyed nearly 1,900 employees from more than 300 companies across six continents, shows that employers who offer language-training tools to employees are seizing an opportunity to develop a business fueled by highly productive, high-performing workers who have the tools and confidence to thrive in a global marketplace.
"It's clear that businesses are looking for a competitive advantage, and we see language training as that solution," said Judy Verses, President of Global Enterprise and Education at Rosetta Stone. "We know businesses worldwide are facing language proficiency challenges. As they continue to expand their growth into markets where English is not spoken, Rosetta Stone can be their ally in providing the training their workers need for businesses to succeed and in growing and enhancing their workforce."
While research shows more than seven out of 10 business leaders are planning growth in global markets where English is not spoken, there's a clear gap in meeting the need for workplace language training. Smart businesses who are working towards meeting this demand are reaping the positive results.
Language Training Pays Off
The study shows language-learning training fills an important need to break down barriers to global growth opportunities.
- Three quarters of workers said language training helps them be more effective at their jobs and that learning a language has made them more confident in their work with international colleagues and partners.
- More than half of employees said that they saved a minimum of three hours per week on work-related tasks due to efficiency gains that resulted from their newfound language proficiency.
Language Training Engages Millennials, Closes Skills Gaps
Millennials are seeing a shift in workplace needs, requiring them to be more prepared for a global marketplace.
- Nearly three quarters of Millennials surveyed reported Rosetta Stone Business language training has had a direct impact on their overall work performance.
- More than two thirds of Millennials said language training has improved their prospects for career advancement.
Language Training Unlocks Potential among Customer Service and Sales Employees and Operations Teams
Language learning allows customer service and sales employees to connect with more customers-and tap potential sales opportunities-as well as perform their jobs productively and confidently.
- More than half of surveyed customer service and sales respondents said that language training has enabled them to serve a larger range of customers.
- Providing language training to workers can drive employee loyalty, as nearly seven out of 10 customer service respondents reported feeling more loyal to their company for investing in them with Rosetta Stone Business language training.
Language Training Helps Open Doors for English Language Learners in the Workplace
- More than eight out of 10 English language learners reported an increase in productivity as a result of their new language skills.
- Nearly three quarters of surveyed English language learners said Rosetta Stone Business language training has enhanced their career advancement opportunities.
Additional information on Rosetta Stone's Business Language Impact Study is available upon request. To learn more about how business leaders are readying their workforce, read Rosetta Stone's new whitepaper, Driving Global Readiness: A Road Map.
About Rosetta Stone
Rosetta Stone Inc. (NYSE: RST) is dedicated to changing the way the world learns. The company's innovative technology-driven language, reading and brain fitness solutions are used by thousands of schools, businesses, government organizations and millions of individuals around the world. Founded in 1992, Rosetta Stone pioneered the use of interactive software to accelerate language learning. Today the company offers courses in 30 languages, from the most commonly spoken (such as English, Spanish and Mandarin) to the less prominent (including Swahili, Swedish and Tagalog). Since 2013, Rosetta Stone has expanded beyond language and deeper into education-technology with its acquisitions of Livemocha, Lexia Learning, Vivity Labs, and Tell Me More. Rosetta Stone is based in Arlington, VA, and has offices around the world.
For more information, visit www.rosettastone.com.
"Rosetta Stone" and related trademarks used herein are the property of Rosetta Stone and are used and/or registered in the United States and other countries.
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rosetta Stone via Globenewswire
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Rosetta Stone PR's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|