Using data from the National Longitudinal Survey of Youth, this article exa
mines the impact of employer provided training on the wage profile and on t
he mobility of young workers. The main results ape that (i) training with t
he current employer has a positive effect on the wage; (ii) employers seem
to reward skills acquired through training with previous employers as much
as skills they provide themselves; and (iii) part of the skills acquired th
rough training programs provided by the current employer seem to be fairly
specific as they are shown to reduce mobility, even after controlling for u
nobserved heterogeneity.