Does employer-financed general training pay? Evidence from the US Navy

Federico Garcia; Jeremy Arkes; Robert Trost

Economics of Education Review Vol. 21, No. 1 pp. 19–27

Despite Becker's theory that employers pay for workers' firm-specific training only, employer-financed general training is quite common. A possible explanation is that general training reduces turnover, thereby safeguarding investments in firm...

Language: English