Many executives believe their teams are working at full capacity, pointing to long hours and busy schedules as proof. However, data tells a different story. A Productivity Lab study of over 300,000 workers across 5,619 organizations shows companies lose $11.2 million in productivity annually per 1,000 employees. Utilization averages 87%, while payroll remains at 100%, effectively paying for 130 unproductive workers. This results in $2.86 billion in lost productivity yearly, with 58% of staff failing to meet productivity goals. Underutilization varies by industry, with computer hardware at 71% and logistics at 41%.
