Press release Frustration at work: employees spend more than eight hours a week on unnecessary tasks and meetings
DÜSSELDORF, November 4, 2024 — More than one working day per week is lost in Germany due to inefficient job activities. This is the result of a recent Stepstone survey of 5,800 employees: on average, the full-time employees surveyed spend 8.7 hours of their working week on unproductive activities such as unnecessary meetings or repetitive tasks. More than half of them say that overly complex processes affect their own work performance (58 percent). “If people cannot use their time at work meaningfully, it is a waste of precious time and valuable resources — especially while, given the demographic change, more people are leaving the labor market than are entering it,” says Dr. Tobias Zimmermann, labor market expert at The Stepstone Group. A more efficient workplace: with clear communication and AI From the employees' point of view, several factors play a role in improving performance at work: 46 percent would like clearer communication from their manager, 37 percent simpler processes. In addition, more training and development opportunities (30 percent) and investment in better technologies and tools (25 percent) would support a more effective working day. “Modern technologies can help to take over repetitive tasks so that people can devote themselves to meaningful and productive activities that match their skills,” says Dr. Tobias Zimmermann. “Companies that focus on automation, provide their employees with education and training, and thus create better jobs, not only become more productive, but also more attractive employers. This makes them well prepared for the great labor shortage.” Willingness to switch jobs high – until skills and job match For employees, feeling left behind can lead to a lack of motivation at work — as can the feeling of not being able to use their skills effectively. Almost half (45 percent) of respondents said they were dissatisfied with how their talents were being used in their jobs. A third of these people (32 percent) suspect that they could achieve more elsewhere. The proportion is particularly high in customer service (46 percent) and IT (46 percent), for example. The result: almost half of all respondents are dissatisfied with their employer — 68 percent of which are actively looking for a new job. “We need everyone in the right job. To achieve this, job requirements and employee skills must match as closely as possible. Artificial intelligence is increasingly making strides in this regard as a supplement to the complex recruiting process: for example, it helps to simplify processes and check at an early stage whether job ads match the CVs and skills of candidates,” says Dr. Tobias Zimmermann.
About The Stepstone Group Contact The Stepstone Group Media Relations press@stepstone.com End of Media Release Issuer: The Stepstone Group Key word(s): Services
04.11.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | The Stepstone Group |
Völklinger Straße 1 | |
40219 Düsseldorf | |
Germany | |
Internet: | https://www.thestepstonegroup.com/de/ |
EQS News ID: | 2020281 |
End of News | EQS Media |
|
2020281 04.11.2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.