August 17 - U.S businesses waste over $4.4 billion every day in lost worker productivity, according to data analysis by Global 360, a provider of process and document management solutions.

Global 360’s analysis determined that lost productivity is costing U.S. businesses more than $4.4 billion every day – more than $1 trillion annually. The findings are the result of combining recent Bureau of Labor Statistics data on the U.S. workforce with a 2007 survey of workers across all industries. The survey reported that the average worker spends 1.7 hours doing nothing. If each worker increased his or her productivity by just 15 minutes per day, American businesses would save almost $650 million per day.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access