You paid for the skills, now keep them: Tuition reimbursement and voluntary turnover

• 成果类型: Article; Proceedings Paper
• 署名作者: Benson, GS; Finegold, D; Mohrman, SA
• 署名单位: University of Texas System; University of Texas Arlington; University of Southern California; Claremont Colleges; Keck Graduate Institute of Applied Life Sciences
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/20159584
• 发表日期: 2004
• 页码: 315-331
• 关键词: employee turnover; UNFOLDING MODEL; survival analysis; job-satisfaction; promotion; PARTICIPATION; Embeddedness; ORGANIZATION; metaanalysis; investments

摘要

Does investing in employees' marketable skills reduce turnover? This study uses insights from human capital theory to explain how general skill development and promotion relate to voluntary turnover. Data from 9,439 salaried employees of a large manufacturer show that participation in tuition reimbursement reduces turnover while employees are in school. Voluntary turnover increases when individuals earn graduate degrees but is significantly reduced if they are subsequently promoted.