Abstract
This paper asks whether a one-time incentive can induce workers to commit to short- and long-term training to remain competitively employable. The incentive was a one-time offer of $60, given to workers who finished two courses within 4 months. It had a remarkable, positive effect on training participation during this period, and a sustained effect beyond it, but only in the condition where two psychological techniques were used to increase commitment to training and to shape perceptions of the incentive. These results have practical implications for companies and governmental organizations wanting well-trained workforces to sustain growth in competitive environments.
Original language | English |
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Pages (from-to) | 113-128 |
Number of pages | 16 |
Journal | California Management Review |
Volume | 57 |
Issue number | 2 |
DOIs | |
Publication status | Published - Feb 1 2015 |
Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2015 by The Regents of the University of California.
ASJC Scopus Subject Areas
- Strategy and Management
Keywords
- Behavioral change
- Financial incentives
- Human capital development
- Human resources management
- Policy implementation
- Workers