Evaluating apprenticeship training programs for firms

Samuel Muehlemann and Harald Pfeifer

World of Labour, 2023, No 506, 506

Abstract: Apprenticeship training programs typically last several years and require substantial investments by training firms, largely due to the associated labor costs for participants and instructors. Nevertheless, apprentices also add significant value in the workplace. One tool to measure the costs and benefits of training for firms is employer surveys, which were first introduced in the 1970s in Germany. Such cost–benefit surveys (CBS) help to better understand a firm's demand for apprentices and to identify market failures. Therefore, CBS are an important tool for designing effective training policies.

Keywords: apprenticeship and firm-sponsored training; cost–benefit surveys; return to training investment; human capital (search for similar items in EconPapers)
JEL-codes: J23 J24 J32 M53 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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