Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125370 
Authors: 
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 145 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2015
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
firm-sponsored training
wages
productivity
innovation
complementarities
human capital
Persistent Identifier of the first edition: 
Document Type: 
Article

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