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As many as 25 days a year are lost to data skills gaps according to Multiverse research.
A skills matrix can help map these gaps and give leaders direction on what action to take.
In this article, we’ll explore what is a skills matrix, how to use one, and best practices for creating your own.
A skills matrix maps employees’ skills onto a grid with each person rated for proficiency, helping leaders understand how well different teams or a whole workforce can perform specific tasks.
The exercise helps identify skills gaps and growth opportunities for current employees while acting as a roadmap for a wider skills strategy.
A skills matrix is different from a competencies matrix. A competency matrix looks broadly at attitudes, knowledge, and behaviours, whereas a skills matrix focuses purely on skills.
An estimated 11% of the working week is lost to data skills gaps, according to the Multiverse Skills Intelligence Report. But by mapping the gaps using a skills matrix business leaders can:
A skills matrix is based on data, helping you make better decisions about placing the right people on the right projects.
If information is lacking – for instance when a company has no central record of the skills available – it’s harder to make the best choices.
So, alongside a skills matrix, the best practice is to build a skills inventory – which digitally documents all the capabilities in a company.
Using this foundation, a skills matrix can assess the strengths and weaknesses of individuals, teams or departments – scored against company goals.
By comparing available skills, it helps you make informed decisions about employee training, resource allocation and hiring.
And because it’s grounded in data, you reduce the need to make skilling decisions based on guesswork or industry trends.
Below is an example of a skills gap matrix – mapping out the desired skills with scoring for where an employee is today and the ambition for the future.

When used as part of a skills gap analysis, an effective skills matrix will bring together several elements beyond the table of desired skills scored against a proficiency scale.
When demand for AI and data skills is growing, leaders looking to the future can benefit from mapping their current skills gaps using a skills matrix.
The time to act is now: 90% of employees want to improve their data skills, according to the Multiverse Skills Intelligence Report
Skills are viewed as crucial to future business success. According to Multiverse research, more than two thirds (69%) of leaders believe their organisation will need different workforce skills to stay competitive by 2030.
It’s no surprise that businesses are upping their investment in learning as a result, with some 77% of leaders predicting their learning and development budget will increase by 2030.
Artificial intelligence (AI) is another driving force. As leaders push their organisations to adopt AI, workforce skills shortages are slowing progress – or even stopping AI initiatives in their tracks entirely. Tech leaders name skills gaps as a top blocker to AI implementation, with half of organisations planning to plug the skills gap with training as a result.
With these forces already in motion, HR leaders will face growing demand to show proof that employee training initiatives are delivering real business impact – and measurable ROI.
In this article, we will explore five simple steps for calculating the return on investment of employee training, helping you measure impact and make the case for future spending.
ROI is a financial metric that measures the profitability of an investment by comparing the net gain or loss to its initial cost. A ROI calculation helps business and HR leaders evaluate the effectiveness and value of learning and development initiatives.
As well as validating the use of training time and budget, calculating ROI helps businesses to monitor the effectiveness of training programmes, and connect training with wider business goals.
Before launching any new employee training or upskilling initiative, clearly define what you want to achieve, and the metrics to measure success.
Wherever possible, align all learning programmes with strategic priorities and business outcomes. For example, an outcome could be: implementing an AI strategy, boosting productivity, or improving employee retention.
Next, assess the barriers that prevent you from achieving these aims, such as low employee satisfaction, low adoption rates for new AI tools, or high turnover rates for data specialists.
Then, agree on the metrics you will track to measure changes to these outcomes. Increasing productivity, for example, can be measured by looking at output per employee, the time saved on tasks, or quality improvements.
If addressing specific skills gaps, such as the AI example mentioned above, conducting pre- and post-training employee skill assessments can help you further benchmark and measure success.
Tallying up your costs will come from two different sources. Firstly, direct costs include the payment for any training materials, an external trainer or supplier if you used one, and any venue or equipment charges.
Secondly, indirect costs come from the time employees spend away from their daily tasks to complete the training.
Here, the benefits split into two categories:
Step 4: Run your ROI calculation
When going through this exercise, consider how to balance any short-term costs with the long-term benefits. A typical ROI formula looks like this:
ROI = (Benefits of employee training, minus costs) divided by costs x 100
For the clearest ROI figure, include the metrics which can be quantified. Usually, this is monetary: it can be measured against both the inputs of time and cost, as well as the outputs, such as increases in revenue and productivity.
Now it’s time to communicate the impact. After running the ROI calculation, don’t forget about the intangible benefits you recognised: they form a crucial part of the story to tell.
Make sure your metrics and objectives line up with the business objectives, visualise your data to make it more digestible, and include qualitative data such as employee testimonials to add colour.
Be transparent about any challenges to help inform future plans. What did you learn, and what could change next time to improve ROI?
Let's look at how Jaguar Land Rover measured the impact of its upskilling efforts. The company had three objectives:
Jaguar Land Rover launched the Multiverse Data Fellowship programme to equip employees with the skills needed to become experts in data analysis, modelling and machine learning. Currently, there are 600 employees in the programme across every department.
After assessing the ROI of the employee training programme, JLR found that learners had:
Read the full story here.
Calculating the ROI of employee training is not just a financial exercise – it's a powerful way of advocating for further training initiatives.
By showing the real benefits of past training, HR leaders can make a compelling case for additional investments in employee development – especially given today's urgent demand for workforce AI skills.
Get in touch about your skills transformation today.
Without it, a lack of clear vision, skills, and data literacy will hold back growth – with companies unable to turn an exponential explosion of data into a competitive advantage.
By 2030, GDP could increase by as much as 26% from AI productivity gains, according to PWC. This expansion will only come if workers have the skills to input clean data into AI models.
It means companies with a strong data culture will have the upper hand as AI adoption takes hold.
In this article, we’ll explore what a data culture is and the practical steps for building one from our data experts.
Data culture is where data is deeply integrated into all aspects of an organisation’s operations and decision-making, with every individual fluent in what data means for their role.
The ingredients of a strong data culture include:
In a strong data culture, the average employee lives and breathes data within their day-to-day tasks. Managers use data to inform decisions. And senior leaders underpin the wider business strategy with data.
Nearly nine out of ten (88%) business transformation initiatives fail to achieve their original goal, according to Bain & Company. For many companies, this is because they lose focus on maintaining and developing their new capabilities.
A data culture overcomes this, with teams ready to take on new tools and change their ways of working. Benefits include:
Once you’ve identified your current state, be bold in your ambition. A strong data culture is not the destination, it’s a journey. Here’s how to bring everyone along the way:
Start with a clear rationale for your data culture. Assess the internal data capabilities and employee skills you would need to establish one. Set out the benefits for the business as a whole, as well as the benefits for individual functions and role types.
Assess your training needs by identifying data skills gaps. A skills matrix is a simple framework to map out your state of play, helping you target learning opportunities for all employees at any seniority level. Building data capabilities at all levels of the org chart means everyone takes a stake in supporting culture change, rather than creating silos.
When employees see the value data can create, more will look at how their data skills can be applied to improve their roles. When a data culture takes hold, this mindset supports data-driven decision-making. Managers and leaders will act on real insights rather than hearsay, making decisions more targeted and impactful.
Cross-functional data projects and creating Centres of Excellence (COEs) can help to build good data practices across the workforce. By offering opportunities for teams to collaborate with data, knowledge sharing and data-driven efficiencies break out of silos.
Transparency and reporting back progress to the whole business creates a feedback loop grounded in data, showing success and keeping everyone bought in. One example is CBRE, which measured the time saved on run-rate processes and calculated the overall time and financial savings for the business.
Across the workforce, data skills are in high demand and short supply. According to our Skills Intelligence Report, 25 days of productive time are lost to data skills gaps annually. More than half (57%) of workers have no – or just basic – Excel skills. Some 86% have no Python skills.
Upskilling is one way to bridge this gap: by expanding skills and knowledge to better meet the demands of evolving job roles. It’s a route that helps your existing workforce make the most of vast internal and external datasets, readying them for the rise of artificial intelligence.
When coupled with continuous learning, these training tactics can help employees make the most of data, supporting a strong data culture.
Need more advice on building a thriving data culture?
Multiverse can help. Learn more about our range of employee training and data upskilling programmes.
It’s beyond doubt there’s huge potential for AI to deliver results and economic value for businesses, from greater productivity to improved customer experience.
But to build a truly AI-native business – where AI is baked into the DNA of your business, and delivering maximum ROI – multiple elements must work in harmony, or momentum can easily stall.
We recently spoke to 2,000 tech leaders and employees – to get a realistic understanding of AI maturity today and what businesses can do to improve. And it’s clear that barriers to AI adoption are preventing the technology from delivering on its promise.
But what are they? Here’s three common roadblocks and how your business can start to overcome them:
We found that four in five leaders say implementing AI has led to an increase in revenue generation, while 97% say the benefits have met or exceeded their expectations. Overall, 57% believe they are ahead of the competition in AI maturity.

Today, optimism in AI for businesses is understandably high. However, there are signs this may be an overestimation of progress. And optimism could be masking the realities of what it takes to fully implement and benefit from the technology.
As AI continues to evolve, establishing best practice is an ongoing challenge that’s creating risks and potential missed opportunities for the future.
Strength in areas such as data governance and security are vital hallmarks of AI excellence – and necessary requirements to reach AI maturity. But they are being overlooked by many.
Only a small proportion of leaders report they have established key hallmarks of best practice —for example, just 28% strongly agree they have provided guardrails and governance structures to limit AI risk. And less than half (43%) strongly agree they have ensured responsible use of AI in business practices.
This gap between leaders’ expectations and reality suggests that businesses are struggling to objectively assess their own progress with AI – and identify the further steps needed for full implementation.
Using a more objective framework to benchmark progress, categorise the stages of AI maturity, and create a roadmap for next steps can help businesses to plan more holistically – and realistically. We’ve included 3 actions for leaders in our ROI of AI report to get you started.
Our research found tech leaders are positive about AI delivering financial gains in the long term – in fact, 85% expect to see an increase in revenue generation in 3-5 years.
But if businesses are unable to prove the value of AI today, and if employees lack the skills to access its full potential, then it will become increasingly difficult to unlock further investment – and AI progress will stagnate.
Of all the AI adoption barriers cited by leaders, 63% say the biggest blocker to further investment is the inability to fully use existing AI technology. Paired with more than half (58%) reporting resistance from employees to use AI and a lack of ability to demonstrate or predict tangible results (57%), it’s clear we’re at a standstill.
Value driven by AI needs to be tracked diligently and communicated within businesses. Only then can roadblocks, like resistance from employees or workforce skills, be tackled head-on. Take a look at our recommendations for employers in our ROI of AI report to find out more.

True AI maturity depends on people as much as technology, and our data shows a lack of workforce skills is slowing AI adoption progress.
Businesses need to build workforce expertise, fast, to combat struggles with implementation and get the most from AI. But training opportunities remain in short supply.
We found that most employees (51%) have received fewer than 5 hours of training on AI, with 25% opting to self-fund training. And many have gained skills by playing with ChatGPT (61%) or learning on the job (59%).
Of the employees we spoke to, 56% of workers that describe their AI skills as ‘expert’ have not received any formal training from their employer.
This gap in formal training may mean workers struggle to assess whether their actions are aligned to company policies or broader best practice – in turn, creating potential risks for the business.
Currently, workers are largely fending for themselves which has a number of ramifications for employees and businesses alike. For the worker it can be difficult to understand their personal skills gaps and learn efficiently with limited timeframes. For the business, informal AI usage from employees increases risk of misuse, and limits ability to measure ROI from new tools.
Assessing AI maturity helps businesses get the most out of emerging tech. From prioritising investment to identifying skills gaps, understanding where your business is on the AI maturity scale is the key to access future growth.
To learn more about AI maturity and next steps, check out our full ROI of AI report.
On average, construction employees spend 29% of their time working with data unproductively, according to the Multiverse Skills Intelligence Report. It’s a growing challenge, particularly in a space like construction – where daily workflows are so closely tied to complex, business-critical datasets.
To store, use, and analyse data more effectively, construction companies are taking steps to build their data maturity.
Laing O’Rourke is one example. Since 2021, the team has worked with Multiverse to improve data skills and create data champions across the organisation. At Big Data LDN 2024, we heard how learners have created new efficiencies through data upskilling programmes.
Our panel included Pedro Rente Lourenço, Group Head of Data and Analytics at Laing O’Rourke, in conversation with Louisa Dunwiddie, Enterprise Account Director at Multiverse. We discussed how Laing O’Rourke has enhanced workforce capability and powered a data revolution within its business, laying the foundation for a valuable data strategy.

The construction industry deals with complex data, from geospatial and survey information to cost estimations and financials. As the scale of projects and data estate grew at Laing O’Rourke, decision-makers realised that data skills were needed outside of a ring-fenced IT department. If not, critical skills gaps could slow productivity.
As Pedro told us, “Data governance cannot be confined to a data team – it needs to spread out across our projects, because every project is almost like its own business.” Multiple teams across Laing O’Rourke stood to benefit from data upskilling programmes.
Laing O’Rourke partnered with Multiverse in 2021 to establish their Data Academy. They used the Apprenticeship Levy to fund employee upskilling in data and AI, at no extra commercial cost.
Initially, 87 employees enrolled in courses to improve data skills across the company – transforming how they handle and gain insights from data.
Today, Laing O’Rourke has had nearly 300 members of staff enrol on the programme, driving transformation within the firm.
Pedro reflects that initially, Laing O’Rourke simply wanted to see whether the programme would “stick”.
They saw fast success, and now, staff from teams across engineering, quantity surveying, HR and more have learned how to use data more productively.
“It’s created more and more demand, because when staff see the value, they see there is a clear return on investment.”
The Data Academy has shifted Laing O’Rourke’s operating model – bringing data capabilities out of the IT team and closer to other employees who use it every day. It has two main advantages:
Employees with newfound data skills have driven new levels of productivity for Laing O’Rourke. Pedro told us how data-literate teams can now generate dashboards, develop systems for automation, and reduce silos across the organisation.
The programme has also helped staff make sense of data and explore new opportunities with technologies like AI. Pedro highlighted how they can “look beyond chatbots” to applications such as risk management and data-driven sustainability initiatives.
But while anecdotal evidence tells a compelling story, Laing O’Rourke’s transformation journey needs to be informed by data. Tools to measure the success of change help the team validate the value of upskilling through a standardised return on investment analysis.
“We are continuously analysing ROI in a standardised way, so when people are going through the cohort and developing new solutions, we can see how much it cost and how much time it saved them,” Pedro explained.
The figures are then validated with line and functional managers to support the business case for upskilling. Ultimately, Laing O’Rourke has found that if more people in the business have data skills, more value can be unlocked.
To drive the success for the programme, Laing O’Rourke selected members of staff who worked with a lot of data to participate. These were the stakeholders who could influence the most change and increase wider data literacy across the organisation.
They found that once staff were aware of the importance of data quality, they would try to design new ways of working that led to process change. “That’s where we really see increased capabilities,” Pedro reflected, “when staff ask “why is this important? what can I actually do with this?”
This mindset change spread down from leaders, and out through individual branches of the business.
“There’s a butterfly effect when you’re reducing silos and breaking down barriers. When employees can save themselves five hours a week, they can enable their team to each save five hours a week. That’s where we see the culture change and the real transformation.”

Since recognising the lack of data maturity in the business, the team at Laing O’Rourke has successfully developed data capabilities and driven business growth.
Embedding data skills throughout the workforce is critical for staying competitive as industries accelerate their transformation efforts.
As Pedro put it, “you can bring as many great technologies in as you want, but if you don’t bring people’s knowledge up and give them skills to work with that data, you’re not going to get the benefit.”
Watch the full session with Pedro Rente Lourenço and Louisa Dunwiddie at Big Data LDN 2024.
Find out more about Multiverse’s data programmes to upskill your staff, achieve greater data literacy and build toward business transformation goals.

Half of business owners believe gaps in key tech and data areas will negatively affect business performance over the next decade, across metrics like profit and customer satisfaction.
But policymakers have plans for change. Labour’s new body Skills England is currently being established to drive economic growth, widen career opportunities, and meet future workforce skills needs.
Here’s what employers need to know.
Skills England was one of Labour’s key skills manifesto pledges. It is a new Government agency, sponsored by the Department for Education that aims to unify the skills landscape, assess the UK’s skills gaps and transform the system. It will bring together stakeholders across government and beyond, including businesses, training providers, unions, Combined Authorities and regional organisations to collaborate and inform the design of apprenticeships and other training.
In June 2025, Skills England replaced the Institute for Apprenticeships and Technical Education (IfATE), which was the non-departmental public body that oversaw the UK’s skills system. Skills England will take over IfATE’s responsibilities, and it also has an expanded remit including helping inform policy development.
Skills England is chaired by Former Cisco UK & Ireland CEO and Chairman Phil Smith CBE. The board and members, are responsible for shaping its strategic direction and have been appointed from across the skills system.
One key responsibility Skills England will hold is to create and maintain a list of training courses eligible for funding through the new Growth and Skills Levy, which is set to replace the Apprenticeship Levy. You can learn more about the Levy reforms in our guide for employers.

Skills England has already started assessing the state of skills in the UK, which will inform future policy on apprenticeships and technical qualifications for businesses. Its first report sets out the challenges limiting growth across three pillars:
One of the main ‘mismatches’ the report flags is between employer needs and digital skills. It calls out that less than half (41%) of the UK’s adult workforce are able to perform all 20 tasks deemed essential digital skills for work. These include everyday workplace skills such as communicating using digital platforms and accessing tax information digitally.
While skills shortages aren’t limited to digital roles, they represent a large gap. According to a Government Employer Skills Survey, vacancies are more likely to be due to skills shortages for digital roles (81%) than across all occupations (63%).
Skills England will use these findings to inform changes to the existing skills system. It plans to bring together different partners to match skills supply to demand and build a more coherent approach to training.
A simpler, more effective system is welcomed – providing businesses with access to essential resources for skill development and filling sector-specific skills gaps.
It’s exciting to see the UK Government focus on addressing digital skills gaps in the workforce. We’re looking to working with Skills England and seeing how it will drive positive change.
There's no doubt it will play an integral role in bringing together employers, training providers and the many moving parts of the UK’s skills economy. Collaboration that will help build the workforce the UK needs.
To learn more about Skills England, the Levy, or other ways you can upskill your workforce, get in touch with Multiverse today.
Updated: June 2025
Leaders and workers alike are seeking opportunities to increase productivity, transform the customer experience, and unlock new product capabilities using AI tools.
But if workers aren’t also equipped with basic AI literacy to help them leverage new tech effectively and responsibly, AI may only create more headaches – rather than curing them.
Successful AI adoption is often held back by a lack of workforce skills, and leaders name AI as their most significant skills gap. Despite this, many workers still lack access to AI literacy resources, with the majority of workers (51%) having received under 5 hours of training so far.
In this article, we’ll assess how the AI literacy gap forms, and what employers can do about it.
AI literacy refers to employees’ understanding of AI as a technology and how it can be applied in daily work. This includes understanding what types of AI exist, identifying use cases for AI, and knowing the basics of how to use it safely.
Examples of employee AI literacy can include:
Many employees may well have started their journey to AI literacy– most commonly, they may already be experimenting with generative AI tools like ChatGPT to increase their personal productivity.
But if teams haven’t been equipped with a strong foundation in AI skills, challenges can easily appear.
A lack of AI literacy may mean employees struggle to identify use cases for new tech, or select the wrong AI tool for the problem they’re trying to solve.
In this scenario, AI won’t be used to its full potential to deliver real results or solve a genuine business issue. The new technology never fully becomes a tool – it remains a toy.
This can create headaches for teams down the line. Not only can they find themselves with the wrong solution in place, but they’ll also struggle to get the desired value back from any financial or time investment.
Offering AI literacy training can help teams to think critically about how and when to leverage AI, and select the correct solution for their needs.
As well as technical skills, employees will require AI literacy training to understand and mitigate the risks associated with the technology.
Leaders and workers cite risk as their top barrier to full AI adoption – yet only a small proportion of leaders strongly agree that their organisation has established best practice in providing governance structures to limit AI risk (28%), and less than half of strongly agree their business is ensuring responsible use of AI in business practices (43%).
Training teams on AI ethics, and how to identify and manage risks around data usage, can help to prevent pitfalls early on.
AI literacy is best considered across the org chart, acknowledging the different types of skills employees may need, depending on their role and seniority.
A ‘bottom-up’ approach begins with building a strong foundation of AI literacy at a team level – arming teams with the basic know-how to use AI safely and effectively in their day-to-day roles.
At this stage you can also nominate designated AI champions within your teams, responsible for spotting new opportunities for AI use cases, sharing findings, and building your AI Center of Excellence (COE).
To avoid the ‘toys, not tools’ conundrum, those AI champions take an analytical and evaluative mindset to problem-solve through the lens of AI.
Business leaders and managers are then involved as they look to place their strategic bets on AI and deliver tangible return on investment from emerging tech.
In addition to developing their individual AI skills, leaders and managers can benefit from additional training in strategic thinking and change management - to help them empower and motivate employees at all levels to adopt AI solutions and use them in a way which aligns with their goals and strategy.
If you want to unlock potential in your business using AI, it starts with a strong AI literacy foundation.
Discover how to build AI literacy in your organisation with our AI upskilling courses, and equip teams with the essential skills needed to deliver impact from AI.
HCLTech's AI academy aims to upskill its workforce in AI and generative AI (GenAI) to deliver significant business value to clients with AI solutions and boost overall productivity.
The partnership will see select HCLTech employees in the UK embark on a 13-month ‘AI for Business Value’ program, with a focus on business benefits and ethical aspects of AI projects. This initiative aligns with HCLTech’s goal of upskilling 50,000 employees in GenAI by 2025, improving productivity and enhancing client and employee satisfaction.
Upon completion of their training, employees will be better equipped to analyze their AI-integrated performance metrics, fostering a culture of insightful continuous improvement and maximizing individual and team potential.
"This strategic initiative underscores HCLTech's commitment to harnessing AI responsibly to drive business outcomes. By partnering with Multiverse, we are not only equipping our workforce with advanced AI competencies but are also amplifying our capacity for innovation and excellence in service delivery," said Ashish Kumar Gupta, Chief Growth Officer, Europe and Africa, Diversified Industries, HCLTech. "Through this collaboration, we aim to position HCLTech at the forefront of ethical AI deployment, ensuring that our clients benefit from the transformative power of AI while upholding the highest standards of integrity and productivity."
"Capturing the potential gains from AI doesn’t just rely on technology and deploying the right models, it also requires individuals equipped with the right skills to apply it in the real world. HCLTech plays a pivotal role in the global tech arena and their clients depend on its cutting-edge capabilities. By empowering teams with advanced AI skills and instilling confidence, HCLTech and its clients are set to unlock the transformative potential of ethical, precise and productivity-enhancing AI," said Euan Blair, CEO at Multiverse.
Multiverse has trained more than 16,000 apprentices in data and digital skills since 2016.
77% of business leaders say they plan to increase training and development budgets by 2030, according to Multiverse data. As organisations move to adopt new digital workflows and technologies, they have an opportunity to centre employees in their workforce transformation initiatives.
But what steps can HR leaders take to drive workforce transformation efforts, rather than just execute them?
We recently held a panel discussion at our London headquarters, bringing together HR leaders from multiple industries to discuss how we can put our people at the forefront of workforce transformation initiatives.
The panel was composed of Ioana Nicolae, Senior People Specialist at Mastercard, Hayley Crossley, Senior People Specialist at Mastercard, and Paige Rinke, Multiverse’s VP of People and Talent.

We discussed Mastercard’s innovative approach to career development through the ‘Own Your Career’ programme, and the steps HR leaders can take to drive workforce transformation from the ground up.
These are the five key takeaways from our discussion:
Internal movement can be a valuable tool to connect employee skills to the projects that require them. At Mastercard, there is a culture of internal movement – employees are encouraged to explore other roles and areas of the business where their skills may transfer.
Ioana explained: “Internal movement is a great thing – and I think from a personal perspective, it just helps to see how great it is to have different perspectives of the same thing, and there are transferable skills.”
“From every role that you do, you can learn something new, and you can expand your skill set.”
From this idea came Mastercard’s talent marketplace, an internal platform launched in 2022 to match people and skills to projects within the business. Employees upload their CVs, skill sets and desired skills, then AI matches people to jobs that need resourcing.
Hayley told us: “We saw quite a few projects take off, and in that first six months, we had two people actually change their roles because of it and get a role with their new team. It became really apparent quite quickly that this is a great tool to use for people to test their skill set.”
This style of learning helps Mastercard employees to upskill, share knowledge and contribute to workforce transformation on their own terms – participating in the projects that interest them the most.
“As a manager, even if you were to lose a staff member on your team, but Mastercard keeps them, it’s a win.”
Every industry has skills gaps. When addressing those shortfalls, learning and development opportunities should be tailored based on what employees need to succeed in their roles and develop in their careers.
Using data from yearly talent reviews and the talent marketplace, Mastercard provides employees with tailored learning opportunities.
For example, Hayley explained that the team’s AI platform can record employees’ owned and desired skills to set up personalised learning pathways through providers like LinkedIn Learning and Harvard Online Courses.
The tool helps employees identify their skills gaps and assess what their next role or project should be to fill those gaps. It helps to build both technical skills and vital soft skills required in day-to-day work, like communication and change management.
Mentorship programmes are a common learning and development tool for businesses – but AI adds an additional layer of value. At Mastercard, mentorship opportunities are intelligently matched according to skill set.
It’s not a system where a more experienced manager will simply mentor a less experienced member of the team. Instead, mentorship takes place across multiple departments and levels of maturity. For example, if an employee tells the system they want to build their communication skills, they could be matched to another employee who possesses these – regardless of their level of seniority.
AI-powered mentorship helps support cross-functional learning and builds relationships across departments, levels of seniority and territories – which is critical for a large, dispersed organisation like Mastercard.
Currently, over two-thirds (69%) of business leaders believe that their organisation will need different workforce skills to stay competitive by 2030. Learning through peer expertise could become increasingly valuable as the workforce looks to expand its digital skills and encourage knowledge sharing between multiple generations of the workforce.
One of the greatest challenges that HR teams contend with is retention. According to CIPD, the average turnover for UK workers – the proportion of staff who move on to a new employer or are not working after a year from hiring – is 34%. It means companies lose talent, and when certain skills are scarce, recruitment can be expensive.
The AI-powered talent marketplace is solving talent retention challenges for Mastercard. The tool helps employees identify, communicate and find opportunities to accelerate their career development, leveraging the resources and budget available to them through initiatives like the Apprenticeship Levy.
A people-first approach to learning and development gives employees autonomy over their career growth, helping them feel supported and more likely to stay with the company. On how Mastercard assesses the value of an opportunity, Hayley said “the one question we ask is, is it going to benefit you in your role?”
Equipped with a breadth of workforce data and new AI-powered systems, HR teams are well-positioned to support skills-based workforce transformation. However, business leaders need to be at the forefront of communicating with the organisation and securing buy-in for transformation projects.
When leaders are seen as advocates for learning, and authentically communicate the benefits from the top down, it can help convince decision-makers of the business value of learning and development opportunities.
Ioana highlighted the importance of selling through your leaders. She explained: “If you spend a bit more time with leaders and understand what their challenges are in the business, you have a better idea of how you can match up what they’re missing with what you can add. That’s when they really see the value that HR can bring to the table.”
Since its launch, the talent marketplace has established executive sponsors across the business and engaged staff in transformation initiatives. It has an adoption rate of over 80% within Mastercard, a testament to the success of the project.
Upskilling has a central role to play in workforce transformation – and HR professionals are the key facilitators.
Closing the discussion, Paige said, “In the background in HR, we can do the work to help determine skills gaps and what leaders need to be at the forefront of it, but we must make sure that we're really open and honest with the commitment upfront, because it is a commitment, but one that can hopefully be transformational and life-changing.”
The Multiverse team works closely with Mastercard to identify skills gaps and offer upskilling programmes to employees based on their learning and development aspirations.
To learn more about how to align your workforce’s skills with strategic goals, explore Multiverse’s transformation solutions.
The skills needed to thrive in today’s working environment look drastically different to those needed a decade ago.
As technology advances, new innovations like AI have transformed the skills that employees need most, resulting in skills gaps.
It’s a growing problem for business leaders: 48% say their organisation has significant skills gaps across key functional areas of the business. But it’s a solvable one – and organisations can get ahead by identifying, quantifying, and fixing skills gaps in their workforce.
In this article, we’ll unpack what a skills gap is and the different types that exist in the workplace. We’ll also dive into the data – exploring the digital skills gap statistics that demonstrate the scale of the challenge – and how leaders are adapting to meet demand.
A skills gap is the difference between the skills that employees possess and the skills that the business requires.
Today, they pose a significant challenge to businesses. According to a recent Multiverse report, 68% of business leaders anticipate gaps in key tech and data areas heading into 2030. Half (49%) believe these skills gaps will have a negative impact on key business performance metrics including profitability, employee retention, and customer satisfaction.
As a result, leaders are reordering their strategic priorities. Currently, they rank learning and development as their fifth largest priority, rising to fourth when looking ahead to 2030.
Read the full report for more insights and learn how to build the future workforce of 2030
Our data suggests that organisations are currently struggling to address skills gaps across several business-critical areas, spanning both technical and soft skills.
A technical skills gap is the difference between the technical skills employees have and those the business needs, especially relating to abilities in certain software, technologies, or processes.
Modern organisations are affected by skills gaps encompassing a range of specific technologies and platforms. Key areas where technical skill gaps are most acute include:
AI skills gaps occur when workforces lack the skills to develop, deploy, or manage AI systems effectively. These include expertise in machine learning, data engineering, and solution design. Currently, leaders name AI as their most significant skills gap (45%).
Data skills gaps occur when organisations lack the necessary skills to organise, store, and govern data effectively. 77% of leaders say data management is the skills gap most likely to persist into 2030.
Many organisations also have skills gaps when it comes to standard workplace productivity software. According to the Multiverse Skills Intelligence Report 2024:
Cybersecurity skills gaps exist when organisations lack skills in protecting digital assets, data, or systems from cyber threats. Abilities in areas such as network security and threat detection are crucial to building a strong cyber posture, and business leaders name cybersecurity as their second largest skills gap (35%).
Cloud computing skills gaps refer to a lack of skills for designing, managing, and optimising cloud-based infrastructures across platforms like AWS and Microsoft Azure. Leaders name cloud computing as their third largest skills gap (28%).
Beyond technical abilities, workforces may also have skills gaps across soft skill areas. A soft skill gap is the difference between the non-technical abilities employees have and those the business needs.
A recent Multiverse survey on the power of on-the-job learning revealed that business leaders see soft skills as the largest predictor of potential – with leaders twice as likely to prioritise durable skills (64%) over degree results (27%) when assessing applicants for junior roles.
When asked to name the three most important soft skills their companies will need over the next five to 10 years, leaders cited the following skills gaps:
Critical thinking skills gaps arise when employees lack the ability to analyse business problems and assess solutions effectively. 37% of business leaders consider it one of the top three most important skills their organisation will require.
Skills gaps in communication refer to the ability to clearly and effectively convey information, verbally or in writing. As remote and dispersed workforces become more common, 37% of business leaders name communication as a top priority.
Adaptability skills gaps emerge when employees struggle to adjust to new technologies or working processes. 35% of leaders see adaptability as a crucial skill for their future workforce.
Creativity skills gaps are present when organisations lack the ability to generate innovative ideas or solve problems in novel ways. 34% of business leaders believe creativity will be critical for success over the next five to 10 years.
Over two-thirds (69%) of business leaders believe that their organisation will need different workforce skills to stay competitive by 2030. But to effectively implement new technologies like AI, workforces need new skills – both technical and soft.
When skills are missing, leaders see risks to business success. Half of leaders believe a lack of AI skills will negatively impact revenue growth (50%), productivity (50%) and profitability (49%).
To maintain their competitive foothold, organisations can invest both in emerging technologies and the skills needed to implement them. 77% of leaders say they plan to increase training and development budgets by 2030. As a priority, 83% say their organisation is moving quickly to implement AI skills development.
Many choose to develop employee skills through upskilling or reskilling programmes. Upskilling refers to expanding existing skills and knowledge to stay competitive and relevant in the workplace, while reskilling is the process of building brand new skills and knowledge unrelated to your current skill set.
However, even though they recognise they have skills gaps, some businesses struggle to assess where those gaps are. As a result, decisions made to close gaps are often top-down and heavily influenced by guesswork or industry trends.

The Multiverse team can help map your skills gap with speed and precision. Book a consultation to identify your skills gaps today.
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