Underinvestment in Employer Training: Is a Mandate to Spend on Training the Answer?Center for Advanced Human Resource Studies, New York State School of Industrial and Labor Relations, Cornell University, 1992 - Employees - 38 pages |
Common terms and phrases
1.4 percent 30 April access to capital access to loans actual training expenditure American training mandate apprentices artistic contributions benefits bill on continuing capital markets CATHERWOOD LIBRARY companies COMSAT continuing training CORNELL UNIVERSITY cost effective training Department of Labor develop a training dollar education and training eligible training expenditures employer provided training employer training external training Firms are required formal training programs FORTRAN Human Resource Studies incentive income informal training interest rates investments in OJT job rotation kind of training liquidity constrained worker MANDATE TO SPEND marginal tax rate marginal utility obligated and actual occupational training pay a tax progressive tax promote real option reputation required to spend school based training separation occurs skill training skilled job skilled workers society by paying spend at least subsidized supervisors tax equal tax offset trainee's training investments training tax types of training UNDERINVESTMENT unsecured loans unskilled vocational-technical institutes Yearly retention rates young workers