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Such agreements may help employers mitigate the problem of 'non-excludability', turn skills into part-time private goods and appropriate training returns.
Regardless of what is cause and effect, this finding suggests that payback clauses serve the purpose of safeguarding training returns to firms quite wellz.
In the 'investment model' of training (Merrilees, [1983]), training costs exceed training returns during the training period, and companies depend on longer-term returns that only accrue after the training phase is completeda.
In addition, a large share of any benefit may occur with a greater lag, since training returns presumably accrue over a more extended period than less time-intensive services.
Finally, it has been suggested that market failure could be substantiated by demonstrating that private training returns are relatively high in comparison to training incidence, social returns to training, or other investments.
The highest spiritual stage in Zen is called "return to the marketplace," in which the spiritual adept, after long years of spiritual training, returns to society to live as an ordinary person and teach others.
Similar(54)
We would wake up every morning, drive to training, return to our apartment complex and spend the rest of the day hanging out with each other.
He did national service, took a degree at Liverpool University, and then after teacher training returned to his former school as an assistant teacher.
Perhaps most importantly, we have demonstrated that resistance exercise training returned the transcriptome expression profile of the older individuals toward that of the younger adults.
At short term follow-up, Karlsson and colleagues reported that patients who received functional treatment, range of motion, and proprioceptive training returned earlier to sports activity than patients who received conventional treatment.
The train returns passengers to the Essex Depot about 3½ hours later.
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