Who benefits from firm-sponsored training?

Artikel

Workers participating in firm-sponsored training receive higher wages as a result. But given that firms pay the majority of costs for training, shouldn’t they also benefit? Empirical evidence shows that this is in fact the case. Firm-sponsored training leads to higher productivity levels and increased innovation, both of which benefit the firm. Training can also be complementary to, and enhance, other types of firm investment, particularly in physical capital, such as information and communication technology (ICT), and in organizational capital, such as the implementation of high-performance workplace practices.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2020 ; Bonn: Institute of Labor Economics (IZA)

Classification and Topics

• Classification: Wirtschaft ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Personnel Economics: Training
• Subject: firm-sponsored training ; wages ; productivity ; innovation ; complementarity ; human capital

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Dostie, Benoît
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2020

Further information

• DOI: doi:10.15185/izawol.145.v2
• Handle: http://hdl.handle.net/10419/233914
• Last update: 10.03.2025, 11:45 AM CET