INVESTIGATING THE EFFECTS OF DIFFERENT TYPES OF JOB TRAINING & FUNDING METHODS ON WAGES, PROMOTION OPPORTUNITIES, JOB SATISFACTION LEVELS & EMPLOYEE RETENTION ACROSS GENDER

Abstract

This thesis investigates the effect of different types of job training and training funding on wages, promotion opportunities, job satisfaction levels and employee retention across gender. Using the British Household Panel Survey (BHPS) and Propensity Score Matching (PSM) method to account for selection bias, I found that current skills training only has a positive effect on wages for males and on promotion opportunities for females, respectively. Furthermore, current skills training only has a positive effect on retention for males if it is sponsored by employers. Additionally, employer-sponsored future job skills training has a stronger negative effect on wages and a stronger positive effect on promotion opportunities for females, as compared to males. With regards to location of training, training centers have the largest positive effects on wages, promotion opportunities, satisfaction and retention. Interestingly, I also found that training resulted in greater promotion opportunities for females than males in male-dominated industries.