Forecasting the Cost-Benefits of Job Training

Abstract

To say that there is a strong interest among U.S. managers in the use of employee job training programs as quality and productivity intervention devices is to understate the situation. On a national basis, industry’s commitments to training in “hard” skills, “soft” skills and remedial training efforts are massive, and the availability of government and community agency support for employee training and retraining stimulates additional activity. Clearly, there is a ground swell of interest out there for training.