Why training older employees is less effective
AbstractThis paper shows that training of older employees is less effective. Training effectiveness is measured with respect to key dimensions such as career development, earnings, adoption of new skills, flexibility or job security. Older employees also pursue less ambitious goals with their training participation. An important reason for these differences during the life cycle might be that firms do not offer the 'right' training forms and contents. Older employees get higher returns from informal and directly relevant training and from training contents that can be mainly tackled by crystallised abilities. Training incidence in the more effective training forms is however not higher for older employees. Given that other decisive variables on effectiveness such as training duration, financing and initiative are not sensitive to age, the wrong allocation of training contents and training forms therefore is critical for the lower effectiveness of training. --
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Bibliographic InfoPaper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 11-046.
Date of creation: 2011
Date of revision:
Training; Older Employees; Linked-Employer-Employee Data;
Find related papers by JEL classification:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
This paper has been announced in the following NEP Reports:
- NEP-AGE-2011-08-09 (Economics of Ageing)
- NEP-ALL-2011-08-09 (All new papers)
- NEP-CBE-2011-08-09 (Cognitive & Behavioural Economics)
- NEP-DEM-2011-08-09 (Demographic Economics)
- NEP-HRM-2011-08-09 (Human Capital & Human Resource Management)
- NEP-LAB-2011-08-09 (Labour Economics)
- NEP-LMA-2011-08-09 (Labor Markets - Supply, Demand, & Wages)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Why training older employees is less effective
by kevin denny in Kevin Denny: Economics more-or-less on 2011-08-10 10:46:16
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