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A Better Metric for the Value of a Worker Training Program

Harvard Business

According to the Georgetown University Center on Education and the Workforce , spending on programs in the U.S. Yet workplace training is more necessary than ever, as technology and globalization continue to change the types of jobs that are available. In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. Now common in industry, TCO considers both direct and indirect costs over time.

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