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Training, productivity and performance: lessons from a chilean retailer.

Authors :
Rexworthy, Jane
Source :
Strategic HR Review; 2020, Vol. 19 Issue 2, p75-79, 5p
Publication Year :
2020

Abstract

Purpose: A project to improve productivity in one of the largest retail firms in Latin America demonstrates how a tailor-made training intervention can improve workers' performance and how — and by how much — investing in soft-skills can lead to productivity gains. Design/methodology/approach: Individual-level longitudinal information gathered from the firm. Findings: The training intervention was shown to have a positive and significant effect on both store-level sales and transactions per worker. This result was confirmed by a cost/benefit analysis. This provides clear evidence that productivity can be boosted with a high quality, well-designed and optimally-delivered training programme targeted to increase socio-emotional skills. This assertion has been corroborated by an empirical analysis of the project carried out by specialists from the Inter-American Development Bank and the Department of Economics, University of Maryland. Originality/value: The project is one of the first to be subject to a detailed analysis to provide evidence of the causal impact of training on direct productivity measures. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14754398
Volume :
19
Issue :
2
Database :
Complementary Index
Journal :
Strategic HR Review
Publication Type :
Academic Journal
Accession number :
142762753
Full Text :
https://doi.org/10.1108/SHR-12-2019-0088