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Do workers benefit from on-the-job training? New evidence from matched employer-employee data

Author

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  • Nguyen, Thanh Quy
  • Nguyen, Anh Thuy
  • Tran, Anh Lan
  • Le, Hung Thai
  • Le, Ha Hoang Thi
  • Vu, Lien Phuong

Abstract

This study examines the linkages between on-the-job training and employee benefits in terms of wages as well as non-monetary gains. Based on a uniquely matched employer-employee panel dataset for the 2011–2015 period in Vietnam, we find that on-the-job training has a positive but insignificant effect on wages. However, wage returns for on-the-job training are recorded for young workers only. Also, our results reveal that on-the-job training improves employee working conditions. These findings suggest that on-the-job training plays an important role in employee benefits, especially for young employees.

Suggested Citation

  • Nguyen, Thanh Quy & Nguyen, Anh Thuy & Tran, Anh Lan & Le, Hung Thai & Le, Ha Hoang Thi & Vu, Lien Phuong, 2021. "Do workers benefit from on-the-job training? New evidence from matched employer-employee data," Finance Research Letters, Elsevier, vol. 40(C).
  • Handle: RePEc:eee:finlet:v:40:y:2021:i:c:s154461232030101x
    DOI: 10.1016/j.frl.2020.101664
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    Cited by:

    1. Song, Bomi & Chung, Heesun & Kim, Bum-Joon & Sonu, Catherine Heyjung, 2023. "Do business trainings for audit committees matter in organizations? Focusing on earnings management," Finance Research Letters, Elsevier, vol. 51(C).
    2. Nguyen, Ngoc Thang & Vu, Van Huong, 2023. "How does adopting occupational health and safety management practices affect outcomes for employees? The case of Vietnamese SMEs," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 629-640.
    3. Bojana Sokolović & Iva Šiđanin & Ljubica Duđak & Sonja Kokotović, 2023. "Professional Training of Employees in Media Organizations in Serbia and Its Implications on Career Development," Sustainability, MDPI, vol. 15(5), pages 1-28, February.

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    More about this item

    Keywords

    Education; On-the-job training; Fringe benefits; young worker: Vietnam;
    All these keywords.

    JEL classification:

    • I - Health, Education, and Welfare
    • I - Health, Education, and Welfare
    • J - Labor and Demographic Economics
    • J - Labor and Demographic Economics

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