The costs and benefits of industrial training

In this article the costs and likely benefits of industrial training are compared, for the nation, for the individual, and for companies under the impact of levy/grant systems introduced under the Industrial Training Act, 1964. Problems of decision‐making at national and industrial or company level will be related to new problems facing the individual in modern society. The problem of evaluating the benefits appears in a new and more favourable light if industrial training is seen as an effort to increase not merely skill and technical knowledge, but also motivation and as looking forward to a new pattern in industrial relations.