Le rendement apparent de la formation continue dans les entreprises : effets sur la productivité et les salaires

We estimate the productivity returns and wage returns to firm-provided training in a panel of French firms. The productivity returns are positive. For instance, an increase in training intensity of EUR150 per worker raises a firm?s labor productivity by 0,4%. Moreover, firms benefit from providing training to their workers, since they keep most of the gain from training: the post-training wage increase is less than half of the productivity increase. However, our study measures only apparent returns. Although it tries to control short-run simultaneity biases, it does not separate the direct effects of training from the effects of factors that generally accompany or motivate training in the medium/long run, such as technological and organizational changes.