Institute of Applied Economics
Benoit Dostie: So our Knowledge Synthesis Grant project focuses on the impact of employer-sponsored training on a company’s productivity and on the complementary elements that might exist between investments in training and physical capital and investments aimed at adopting high-performance management practices.
We find that employer-sponsored training has a significant impact on company productivity—the impact is even greater than on wages [of] the employees who undergo the training. There are also complementary aspects between the investments in training and physical capital, more specifically investments in information technology. This outcome is particularly true for large companies. We also find similarities between investments in training and the adoption of high-performance management practices for small companies.