This article examines whether participation in employer-sponsored training has a causal impact on job satisfaction by accounting for individual fixed effects, individual-by-employer fixed effects and controlling for promotions in a sub-sample of the data to address the endogeneity of participation arising from within employer job changes. The estimates show a consistent, positive effect of participation in employer-sponsored training on job satisfaction. Conversely, participation in other types of training does not have a significant impact upon job satisfaction. Additionally, participation in employer-sponsored training has a strong, negative correlation with turnover even while controlling for job satisfaction. Training does not exhibit a lasting effect of either job satisfaction or turnover.

中文翻译：

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工作满意度和雇主资助的培训

本文通过考虑个人固定效应、个体雇主固定效应并控制数据子样本中的晋升来解决参与产生的内生性，研究了参与雇主资助的培训是否对工作满意度有因果影响。来自雇主内部的工作变动。估计结果表明，参加雇主资助的培训对工作满意度具有持续的积极影响。相反，参加其他类型的培训不会对工作满意度产生重大影响。此外，即使在控制工作满意度的情况下，参与雇主资助的培训也与离职率呈很强的负相关。培训不会对工作满意度或流动率产生持久影响。