Job satisfaction and employer‐sponsored training

This article examines whether participation in employer‐sponsored training has a causal impact on job satisfaction by accounting for individual fixed effects, individual‐by‐employer fixed effects and controlling for promotions in a sub‐sample of the data to address the endogeneity of participation arising from within employer job changes. The estimates show a consistent, positive effect of participation in employer‐sponsored training on job satisfaction. Conversely, participation in other types of training does not have a significant impact upon job satisfaction. Additionally, participation in employer‐sponsored training has a strong, negative correlation with turnover even while controlling for job satisfaction. Training does not exhibit a lasting effect of either job satisfaction or turnover.