How on-the-job-training health expenditure is a source of Human Capital Formation?
Dear Student,
Many organisations provide on-the-job training which is an arrangement where employees develop skills while they are working. This is provided in order to enhace labour productivity. On-the-job training is considered as a source of human capital because it provides skilled and efficient employees which increases the productivity and efficiency in the organisation in return.
Regards
Many organisations provide on-the-job training which is an arrangement where employees develop skills while they are working. This is provided in order to enhace labour productivity. On-the-job training is considered as a source of human capital because it provides skilled and efficient employees which increases the productivity and efficiency in the organisation in return.
Regards