Why is tracking "Compliance Training" significant in CSOD?

Tracking "Compliance Training" is significant in Cornerstone OnDemand because it ensures that organizations adhere to legal and regulatory requirements. Compliance training typically includes mandatory courses that cover laws, regulations, and policies specific to various industries and job roles. This is crucial because failure to comply with these regulations can lead to legal penalties, fines, and a negative reputation for the organization.

By accurately monitoring compliance training, organizations can confirm that their employees have received the necessary training and are aware of the policies that govern their conduct. This not only helps in protecting the organization from legal issues but also fosters a culture of accountability and responsibility among the workforce.

While enhancing employee engagement, determining employee developmental needs, and providing rewards can have their own importance within an organization, they are more related to personal development and motivation rather than the primary legal and regulatory focus that compliance training entails. Therefore, the significance of tracking compliance training lies primarily in fulfilling these imperative organizational and legal obligations.