Tagged: work training

Who should invest their money between workers’ ears? - FutureworkNZ

Guest Author Jul 22, 2019

John MacCormick   Training is an investment in “embodied human capital” – assets stored in workers’ heads. With indentured servitude now deservedly out of fashion, workers can choose to walk out the door without the boss separating those assets from their shoulders. Why would employers invest in assets that can quit? In a simplified labour market model, employers have no reason … Read More