Continuing vocational training from the point of view of the individual

A summary of costs and benefits

Coverbild: BWP 4/2018
Issue/Year (Volume) 4/2018 (47)
Page(s) 40-44

Individual returns from continuing VET are frequently identified on the basis of wage development or impacts on employability. Individual expenditure incurred is not usually taken into account in this regard. By way of contrast, this article focuses on the costs-benefits ratio. Participants are asked whether they would once again opt for the same education and training activity. Although the results, which are based on individual data that has just become available, reveal a generally positive assessment, they also indicate exceptions. Company-specific continuing training programmes in particular are evaluated in a less favourable light.