G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w23247
来源IDWorking Paper 23247
Training Contracts, Employee Turnover, and the Returns from Firm-sponsored General Training
Mitchell Hoffman; Stephen V. Burks
发表日期2017-03-20
出版年2017
语种英语
摘要Firms may be reluctant to provide general training if workers can quit and use their gained skills elsewhere. “Training contracts” that impose a penalty for premature quitting can help alleviate this inefficiency. Using plausibly exogenous contractual variation from a leading trucking firm, we show that two training contracts significantly reduced post-training quitting, particularly when workers are approaching the end of their contracts. Simulating a structural model, we show that observed worker quit behavior exhibits aspects of optimization (for one of the two contracts), and that the contracts increased firm profits from training and reduced worker welfare relative to no contract.
主题Labor Economics ; Labor Supply and Demand ; Labor Market Structures ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w23247
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580921
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Mitchell Hoffman,Stephen V. Burks. Training Contracts, Employee Turnover, and the Returns from Firm-sponsored General Training. 2017.
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