Work Experience Led Programs and Employment Attainment
Purpose: This paper studied a ALMP to assess its effectiveness, the significance of public expenditure and the role of work experience on employment attainment. Design/Methodology/Approach: The existing literature has produced, so far, contradictory findings regarding work experience led programmes. The authors studied a Professional Traineeship Programme (PTP) outcome, using a descriptive statistic to verify the employment attainment rate and characteristics, over 13 years of the programme implementation. Findings: We found that the PTP has an employment attainment average rate of almost 3 out of 4 trainees. The regression analysis indicates clearly a strong positive linear relationship between the dependent and independent variables. The number of trainees has a keener contribution on the employment attainment figures but, apparently, the role of public expenditure is not decisive. Practical Implications: The findings clearly may help policy makers to take grounded decisions regarding this sort of programmes. Concerning the policy implications, the conclusions may lead to the fact that the PTP should continue to be provided to unemployed people (both youth and the adult population) bearing in mind the good results in employment attainment. Originality/Value: A scientific approach assessment of this PTP has never been done. It is clear research that may contribute to clear-cut the contradictory findings on this sort of ALMP.