Increasing investment in training leads to higher worker productivity and output. Better trained workers specialize more in their jobs and produce more. Additionally, education plays a key role in productivity by teaching workers skills, appropriate salary expectations, and motivating them to demand higher wages, which incentivizes better performance. However, government funding for education incurs high costs that could otherwise fund healthcare and worker health to further increase productivity.
Increasing investment in training leads to higher worker productivity and output. Better trained workers specialize more in their jobs and produce more. Additionally, education plays a key role in productivity by teaching workers skills, appropriate salary expectations, and motivating them to demand higher wages, which incentivizes better performance. However, government funding for education incurs high costs that could otherwise fund healthcare and worker health to further increase productivity.
Increasing investment in training leads to higher worker productivity and output. Better trained workers specialize more in their jobs and produce more. Additionally, education plays a key role in productivity by teaching workers skills, appropriate salary expectations, and motivating them to demand higher wages, which incentivizes better performance. However, government funding for education incurs high costs that could otherwise fund healthcare and worker health to further increase productivity.
Increasing investment in training will lead to better quality of labore.
This is because, when the workers are better trained, they are better at doing there jobs, this causes specialization. When the workers are better at there jobs, they produce more output. This causes an increase in productivity in Canada. Some jobs may not benefit from training and require a specific talent. Therefore, clothing designers cannot be trained very well, although there are courses to improve the skill, the skill must be present first to develop. Another factor is, education. Education plays a big role in the productivity levels of an economy. Schools teach the basics of working life and will educate people on what an exeptable salary would be. This causes people to demand for higher wages. If workers are getting a higher salary, they will be motivated to perform better and are more productive. But, government investing in education is a large cost and this incurs a opportunity cost, where the government could have spent on healthcare instead to make sure people are more healthy. This can also cause a decrease in productivity, because when workers are healthier they are willing to be more productive. As a conclusion, education and training are important factors in improving productivity.