ABSTRACTUpgrading employee skill levels can generally be achieved by job training. This article examines the decision making problem about the firm's selection of job training, and investigate the factor which have influence for the firm to selec...

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https://www.riss.kr/link?id=A2113491
김형만 (한국직업능력개발원)
1999
Korean
336.24
KCI등재
학술저널
99-125(27쪽)
0
상세조회0
다운로드다국어 초록 (Multilingual Abstract)
ABSTRACTUpgrading employee skill levels can generally be achieved by job training. This article examines the decision making problem about the firm's selection of job training, and investigate the factor which have influence for the firm to selec...
ABSTRACTUpgrading employee skill levels can generally be achieved by job training. This article
examines the decision making problem about the firm's selection of job training, and
investigate the factor which have influence for the firm to select an appropriate training
program. For this examination, this paper classifies job training into two types;
on-the-job training and further training. Further training comprises off-the-job training
in order to upgrade the competency of the incumbent employee, while in-the-job
training comprises formal induction training for the new employee and informal training
through a system of learning-by-doing.This study suggests the following results. First, once the firm take the investment
it is clear that the firm has incentive to provide in-the-job training for new employees
and further training for more senior employees. Second, once the firm has incentive to
provide further training, the decision to actually carry out the training will ultimately
depend upon such factors as; a gap of wage between new employees and senior
employees, a difference of training costs between on-the-job training and further
training, the discount rate related with training investment. The firm has incentive to
provide further training to more new employees, when a wage gap is high, a difference
of training costs is low, and the discount rate is low. Thus three factors become
important elements of government policy to encourage job training by the firm.