Artikel

Do firms benefit from apprenticeship investments?

Are apprenticeships valuable for firms? Economists once thought that firms do not pay to develop occupational skills that workers could use in other, often competing, firms. Now, researchers recognize that most firms benefit from investing in apprenticeship training. Firms gain from the apprentice’s contributions to production, reduced turnover and training costs, and more certainty that all workers have the same high levels of expertise.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Professional Labor Markets; Occupational Licensing
Analysis of Education
Subject
training
skills
apprenticeships

Event
Geistige Schöpfung
(who)
Lerman, Robert
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

DOI
doi:10.15185/izawol.55
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Lerman, Robert
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2014

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