Increasing human capital by investing in training of employees

Abstract

This paper deals with the investment in employees in organizations by improving the skills required to perform work tasks. Previous theoretical constructs and empirical findings have shown that knowledge-intensive work practices can lead to increased innovation activities, better employee engagement, higher job satisfaction and lower employee turnover. This paper draws mainly on data from the Harmonized Survey on Continuing Vocational Training in Enterprises and compares the two groups of European countries by economic sector and company size