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Investment in training – Implementing a training contract reduced quitting by around 15%

Investment in training – Implementing a training contract reduced quitting by around 15%

Firms may hesitate to provide training which is general enough that it can be used in other jobs, if employees are likely to leave shortly after being trained. A “training contract,” which penalizes the employee for quitting quickly after being trained, may help solve this problem. Using data from a large US trucking company, we … Continue reading

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