Effects of work-based learning on companies involved in VET education

Nils Karlson and Kristine Persson ()
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Kristine Persson: The Ratio institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden

No 258, Ratio Working Papers from The Ratio Institute

Abstract: The paper studies the effects on companies from taking on apprentices for work-based learning. What are the benefits and costs that can be identified? In a series of semi-structured in-depth interviews with companies and school representatives, we study the effects of work-based learning at five Swedish companies that run their own VET schools. Our overall conclusion is that there are significant net benefits to the companies themselves, primarily through lower recruitment costs but also through positive effects on the skills of supervisors and other staff, as well as of the companies’ brand and community commitment. These long-term benefits clearly outweigh the short-turn cost of time-loss and strenuous for staff to supervise the trainees.

Keywords: Apprenticeship; Skill; Occupational Training; Education; Education Expenditures; School; Firm Behaviour (search for similar items in EconPapers)
JEL-codes: I25 I26 J24 L20 M53 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2015-09-16
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