Active Users Enjoy 7.5% Increased Productivity “Regular users at LG estimate that it saves them approximately three hours a week by getting answers faster, developing solutions more quickly and more effectively connecting with colleagues.” –Laurence Smith, Vice President of Global Learning and Development, LG Electronics Time Savings and Financial Impact Three more hours per week equates to a 7.5% productivity increase on the typical work-week, or approximately $7,500 saved per employee per year. Total No. of Knowledge Workers 1,000 PER EMPLOYEE COMPANY-WIDE Average Salary Per Knowledge Worker1 $100,000 Hours Per Week 40 Hours saved Cost savings Hours saved Cost savings Total Annual Compensation $100,000,000 per week per year per year2 per year LG Electronics 3.0 $7,500 150,000 $7,500,000 1 Average per Knowledge Worker salary is fully burdened with benefits. 2 Hours per year based on 50 week work-year.
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