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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/4295

Title: An exploration of the relationship between training grants and the profitability of UK construction companies
Authors: Abdel-Wahab, Mohamed Samir
Dainty, Andrew R.J.
Ison, Stephen G.
Hazlehurst, Guy
Issue Date: 2008
Publisher: © Blackwell Publishing Ltd / © The Authors
Citation: ABDUL-WAHAB, M. ... et al, 2008. An exploration of the relationship between training grants and the profitability of UK construction companies. International Journal of Training and Development, 12 (3), pp.188-205
Abstract: A levy/grant system exists in the UK construction industry to provide financial support for companies undertaking training activities. With the current UK government skills policy, there is an emphasis on ensuring that training support provided to employers is aimed at enhancing companies’ profitability. This paper explores the profitability of construction companies in relation to training grants. Inferential and descriptive statistics were used to analyze a uniquely combined dataset over the period 2002–2005. The research revealed that there is not a simple linear relationship between training grants and profitability. However, large and more profitable companies claimed more training grants in relation to the following areas of training: management, qualifying their existing workforce (certifying the skills of their existing workforce) and developing training plans. The authors argue that training grants should be targeted and focused towards specific areas of training if profitability gains are to be achievable. Future research should consider training grant utilization within the context of construction companies in order to ascertain the real contribution of training grants to their profitability.
Description: This article is Restricted Access. It was published in the journal, International Journal of Training and Development, and is available at: http://www3.interscience.wiley.com/journal/118507066/home
Version: Restricted access
URI: https://dspace.lboro.ac.uk/2134/4295
ISSN: 1360-3736
Appears in Collections:Closed Access (Civil and Building Engineering)

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