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Title: The Benefits and Costs of Training : A Comparison of Formal Company Training, Outside Seminars, and School Based Training
Resulting in 1 citation.
1. Lengermann, Paul Adrian
The Benefits and Costs of Training : A Comparison of Formal Company Training, Outside Seminars, and School Based Training
Human Resource Management 35,3 (December 1996): 361-381.
Also: http://onlinelibrary.wiley.com/doi/10.1002/%28SICI%291099-050X%28199623%2935:3%3C361::AID-HRM5%3E3.0.CO;2-V/abstract
Cohort(s): NLSY79
Publisher: Wiley Online
Keyword(s): Cost-Benefit Studies; Modeling; Training; Training, Employee; Training, Occupational; Training, On-the-Job

Permission to reprint the abstract has not been received from the publisher.

This paper presents estimates of the amount of training received by a large sample of United States adults aged 23-35 and uses a more sophisticated model than many previous studies to analyze training's impact on earnings. While workers reap substantial benefits from training, only a small minority actually receive it. Workers generally do not work fewer hours or accept lower wages during training, so they apparently bear few training costs. The low incidence of training may be due to Federal regulations that prevent employers from sharing training costs with their employees. Implications for managers, employees, and society are discussed. Copyright: 1996 by John Wiley & Sons, Inc.
Bibliography Citation
Lengermann, Paul Adrian. "The Benefits and Costs of Training : A Comparison of Formal Company Training, Outside Seminars, and School Based Training." Human Resource Management 35,3 (December 1996): 361-381.