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Opleidingen, de sleutel tot succes? : een onderzoek naar de relatie tussen investeringen in opleidingen en bedrijfsprestaties = Training, the key to success? : a study on the relationship between training investments and company performance

Steehouder, J.A. (2007) Opleidingen, de sleutel tot succes? : een onderzoek naar de relatie tussen investeringen in opleidingen en bedrijfsprestaties = Training, the key to success? : a study on the relationship between training investments and company performance.

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Abstract:Companies want to translate the costs of training to company performance. Therefore the effects of training investments on company performance are central in this study. Since knowledge and skills of employees are more and more important for the success of an organisation, it can be expected that training investments result in better performing companies. In this study the relation between training investments and company performance is studied on two levels: (1) on the individual level (relation between an individual external training and company performance), (2) and company level (relation between the total investment of a company in external training and company performance). Also the influence of strategy on these relationships is examined. Moreover a mediating effect of absenteeism and turnover on the relation between investments in training and company performance is examined. Eighty respondents participated in the study. Due to a high item-nonrespons many relations could not be examined. An estimated productivity increase of 10% was found on the individual level. Many respondents also indicated that they believe that the return on investments in training is (slightly) positive. Furthermore an indication of fewer turnovers by companies who invest more in training was found. Also a moderating effect of strategy on the relationship between training investments and productivity was found. The effect of training on productivity was positive in companies with a cost strategy. For companies with a differentiation strategy, there was almost no effect of training on productivity. The study showed as well that the relation between investments in training and turnover is more positive in companies with higher scores on cost strategy
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:05 communication studies
Programme:Psychology MSc (66604)
Link to this item:http://purl.utwente.nl/essays/58920
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