Cost-benefit study of the dual training system (DTS) in the Philippines

Abstract

"The TESDA (Technical Education and Skills Development Authority) and the Philippine Chamber of Commerce and Industry (PCCI) - Human Resources Development Foundation (HRDF) conducted a study of the Cost and Benefit Analysis of the Dual Training System (DTS) in the Philippines, with the main objectives of determining the desirability of the program given the costs and benefits for the firms. Ultimately, the study aims to find out if the benefits that can be generated by the firm from the DTS program outweigh the costs of training the student/trainee, then there is the likelihood that the firm will continue investing and participating in the DTS. The result of this study provides the empirical evidence in identifying the critical constraints (e.g. is there incentive incompatibility on the part of the firm?) in running the DTS program in the country, as well as to provide the appropriate policy recommendations for TESDA on how to expand and improve the DTS program." (Excerpt, BIBB-Doku)