Businesses failing to digitally up-skill employees
Businesses are finding it difficult to digitally up-skill their staff, according to research from Barclays.
Over a third (34 per cent) of UK employers admit they struggle to implement the right training to digitally up-skill their workforce.
As a result, 40 per cent of businesses elect to employ a younger, more digitally savvy workforce in order to address the skills gap.
The findings also revealed around half (47 per cent) of respondents felt their organisations would be more productive if the level of digital skills was higher.
Despite this, businesses are only investing an average of £109 per employee per year on digital skills training.
Ashok Vaswani, CEO of Barclays UK, said: “The digital revolution is having a profound effect on our lives by dramatically changing the way we live and work and interact with one another.
“Although in many ways this is empowering, it can also be challenging, because it requires people and businesses to acquire, retain and consistently develop new skills and understanding to truly benefit.”