Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125281 
Authors: 
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 55 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
training
skills
apprenticeships
JEL: 
J24
J44
I21
Persistent Identifier of the first edition: 
Document Type: 
Article

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