Business Services Industry
Views on training and education - government policy - Poll Results
Nation's Business, May, 1993 by Joan Szabo
Education and workplace training continue to be important to small-business owners, who often have difficulty finding the qualified workers they need. But most readers responding to a poll in the February Nation's Business said tax breaks would be preferable to federally mandated spending by companies to finance additional worker training.
The nation's companies already spend an estimated $30 billion a year training their workers.
Readers expressed their views on training and education in response to questions posed in Where I Stand, a monthly feature that seeks opinions on major issues affecting small firms. Results of the poll are sent to top officials in the White House and Congress. Plugging the skills gap is a top priority for the Clinton administration. The president sees a highly skilled work force as vital to economic growth. Well-trained workers are regarded as a major incentive to encourage domestic and foreign firms to open facilities in this country.
The administration believes that a top-notch work force, with its potential for increased productivity, will offset any perceived advantage for U.S. companies in going abroad in search of cheaper labor.
A sizable 70 percent of all respondents to the poll on worker training said that to improve such efforts, the federal government should offer tax breaks to companies for their training costs. Twenty-six percent said they would prefer to see the federal government foster business and labor cooperation. Only 4 percent of those responding said that Washington should require firms to spend a certain percentage of payroll on training.
More than half of respondents voted against establishment of a national apprenticeship program to help train young people not bound for college, while 36 percent favored the idea. President Cllnton has proposed setting up such a program, which would be similar to the German apprenticeship system, to better prepare young people for the workplace. When he was governor of Arkansas, Clinton established a state youth-apprenticeship program.
Many European nations have successful youth apprenticeship programs, but it is the German system, with its origins in the 500-year-old crafts guilds of the Middle Ages, that has attracted the greatest amount of interest and attention in the United States.
Concerning college loans, 47 percent said not every American should have the right to borrow federal funds to attend college. But 44 percent favored such a guarantee.
When such loans are made, said 62 percent of the respondents, public service should be an option along with more traditional repayment plans.
In regard to training high-school dropouts, who often lack the skills needed to land jobs in today's high-tech workplace, nearly half of the respondents said they did not think a national program should be established to help them acquire marketable skills.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions



