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More needs to be done to boost the digital skills of UK employees, according to new findings.
A report commissioned by Barclays Bank revealed that almost half (47 per cent) of all businesses believe better digital skills would lead to a more productive workforce.
However, the report showed that businesses are only investing an average of £109 annually per employee on digital skills training, leaving them at risk of falling behind more digitally advanced competitors.
In addition, a third (34 per cent) of UK employers admitted they find it difficult to implement the right training to digitally up-skill their workforce.
Ashok Vaswani, chief executive 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. At Barclays, we began this journey by focusing on helping colleagues build digital skills.”
Instead, two-fifths (40 per cent) of businesses opt to hire younger, more digitally savvy employees to address the digital skills gap.
Nearly half (45 per cent) of organisations admitting to believing that older employees are often slower to pick up digital skills.
More than a quarter (27 per cent) of managers surveyed considered knowledge of data and device protection a priority digital skill to look for when hiring new employees.
“Together with government, businesses and society as a whole, we need to raise our sights beyond basic inclusion and aim to create a Britain of true digital confidence at all levels of the workforce. We are at a tipping point when it comes to digital skills and the UK must act now to ensure we are not left behind.”
Mitrefinch offers time and attendance technology that give help boost efficiency in the workplace by enabling employers to make more effective use of HR data.