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ERIC Number: ED200761
Record Type: Non-Journal
Publication Date: 1979-Jun
Pages: 59
Abstractor: N/A
Reference Count: N/A
Occupational Training in Industry.
Stromsdorfer, Ernst W.; Barclay, Suzanne
A significant amount of on-the-job occupational training is occurring in the private sector, though the data on its extent and nature are extremely sketchy. Estimates of total economic costs in the 1974-75 period range from a crude measure of 100 billion dollars to one that is somewhat more reliable of about 40 to 50 billion dollars. Most of this training appears to be of a general rather than a firm-specific nature, and firms pay some of the costs of this training. The work of some researchers points out that there are significant imperfections in the labor and capital markets which would justify social intervention; i.e., firms have a distinct incentive to hire and train those who have more human capital, who are more efficient learners or both, and social intervention is needed to make it more advantageous for firms to hire and train disadvantaged workers. There is room to apply voucher systems, wage subsidies, or direct rebates on firm's wage bill and other tax incentives to encourage firms to hire and train disadvantaged workers. After almost two decades of experience with employment and training programs, our society is still experimenting with such programs. To improve public policy in this area, the various subsidy and tax schemes should be subjected to classical experimental tests; and more research is needed to see how much private sector occupational training there is, who gets it and who doesn't get it, how it is structured, what it costs, and who pays the cost. (KC)
Publication Type: Opinion Papers; Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: National Inst. of Education (DHEW), Washington, DC.
Authoring Institution: N/A