Revista Finanzas y Política Económica (Sep 2016)

Contributions for the measurement of the impact of the training for work policy: A proposal for the assessment of the apprenticeship contract in Colombia

  • Juan Carlos Segura Ortiz

DOI
https://doi.org/10.14718/rf&pe.v8i2.1161
Journal volume & issue
Vol. 8, no. 2
pp. 349 – 378

Abstract

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The apprenticeship contract (AC) is a training for work strategy that combines training in vocational aspects with a practical phase in a company. This dual training model presents advantages in terms of the improvement of workers’ employability perspectives and income, together with a reduced employee selection risk. Given the formal purpose of this training instrument in Colombia, there is an interest in evaluating its results in order to improve and correct the instrument’s current performance and to optimize its effective impact. Here, the authors offer a proposal for the assessment of the impact of ACs, based on the measurement of differences in levels of income of individuals who, having chosen technical vocational training, chose this contract as an alternative in the process’ practical phase. The text also includes a review of the relevant literature on AC, a description of the type of statistical model that has to be used in the evaluation, and a description of the data necessary to help the company advance.

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