All other things being equal,firms that provide on-the-job training to workers will tend to pay higher wages.

Name: All other things being equal,firms that provide on-the-job training to workers will tend to pay higher wages.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Firms that provide on-the-job training often pay lower wages initially because the training is considered part of the compensation package. The investment in training is expected to increase the worker's productivity over time, which can lead to higher wages in the future.

All Other Things Being Equal,firms That Provide On-The-Job Training to Workers