Asked by Huong Thanh on May 16, 2024
Verified
On-the-job-training is an example of
A) an investment in human capital.
B) a compensating wage differential.
C) economic income.
D) income redistribution.
Human Capital
The economic value of an individual's skills, knowledge, and experience, considered an asset in terms of productivity.
On-the-Job-Training
The practice of teaching employees the skills and competencies needed to perform their jobs directly within the workplace.
- Ascertain the factors leading to dissimilarities in compensation, including compensatory differentials and the development of human capital.
Verified Answer
SS
Saujanya SubediMay 19, 2024
Final Answer :
A
Explanation :
On-the-job training is considered an investment in human capital because it enhances an employee's skills and productivity.
Learning Objectives
- Ascertain the factors leading to dissimilarities in compensation, including compensatory differentials and the development of human capital.