Survey Suggests Skill Gaps Cost Employers a Month of Productivity Annually | |
A report from Multiverse, released on August 5, highlights significant productivity losses in businesses due to widespread data skills gaps. On average, employees lose roughly 25 working days per year on data-related tasks, with many lacking the fundamental skills needed for effective data use. The report reveals that about half of workers struggle with data analysis, process automation, and forecasting. Euan Blair, founder and CEO of Multiverse, noted that employees often spend hours each week grappling with spreadsheets. The analysis, which included data from 12,000 employees across 18 industries in the U.S. and U.K., found that workers dedicate about 14.3 hours per week to data tasks, accounting for 36% of their workweek. However, 4.3 of these hours are spent unproductively due to skills deficiencies, wasting 10% of the workweek. For more details please visit our website - https://www.hroutlook.com/2024/08/13/survey-suggests-skill-gaps-cost-employers-a-month-of-productivity-annually/ ![]() | |
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