Langue : anglais

Résumé : When employees leave an organisation, they take their human capital with them. They also take with them any investment that the training organisation may have done to enhance their human capital, both in terms of firm-specific and general skills. Employee turnover has been identified as a major cause for the under-provision of training in companies. However, employers do not always perceive turnover as a threat to investment in human capital. While the intention to quit is affected by the wage workers expect to earn elsewhere and the usefulness of the training they receive in other firms, workers often underestimate the value of their outside options. In addition, consistent with the view that training may seldomly be purely firmspecific, employees also underestimate the usefulness of the training received for other organisations... [résumé éditeur]