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Determinants of time investment in education and training of corporate workers, by training type

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  • Sung-Eun Cho
  • Young-Min Lee

Abstract

This study aims to identify the factors affecting the participation of corporate workers in vocational education and training, focusing on the types of participation and the total training time. We utilised a hierarchical linear model to analyse the data of 7,985 workers from 392 companies from the human capital corporate panel (HCCP). The results of the study showed that the individual variables of education, job satisfaction, and working hours positively influenced participation. In terms of training types, participation in group, distance, and on-the-job training significantly affected education and training time. At the firm level, industry type and the firm HR infrastructure (such as establishing a human resource development plan) showed an effect. Accordingly, beyond the individual's interest and willingness, firm-level support and systems are needed. Based on these results, we suggest policy considerations at corporate and policy levels to increase Korean workers' participation in vocational education and training.

Suggested Citation

  • Sung-Eun Cho & Young-Min Lee, 2022. "Determinants of time investment in education and training of corporate workers, by training type," International Journal of Human Resources Development and Management, Inderscience Enterprises Ltd, vol. 22(3/4), pages 119-141.
    • Handle: RePEc:ids:ijhrdm:v:22:y:2022:i:3/4:p:119-141
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