WHY WOULD ANYONE GIVE UP A CUSHY UNION JOB TO HIT THE BOOKS? A HUMAN CAPITAL PERSPECTIVE

摘要

Drawing from a population of employees of a large unionized manufacturing firm who were offered a choice of retirement, lump-sum buyout, and educational support, hypotheses developed from Human Capital Theory were tested. Results indicated that females were more likely to accept the educational option, as were younger and single respondents. Two groups that were not eligible for retirement were of particular interest in this study. Those who accepted the educational option and those who chose the lump-sum payment did not differ on educational attainment or tenure, but differed on age, partnered status, gender, and salary.