Chennai: A latest study has claimed that about 70 per cent of employees feel there is a gap between the skills they have and the skills they actually need to best perform their job.
The study further revealed that 70 per cent professionals interviewed feel that their organisation is either already facing this issue of skill shortage or is expected to encounter this as a major challenge in the next 2-3 years.
Only 10 per cent of the respondents felt that the knowledge they acquired in their educational institutions has proved to be useful in what they do today, the study by Scikey Market noted.
As per the study, 35 per cent employees felt that the skill shortage can lead to loss of revenue for businesses, while 45 per cent also said it leads to poor quality of work.