Firms which may have otherwise invested more in training, tend to reduce their effort to the level required by law in order to receive the minimum rebate or tax credit. There is also some evidence which suggests that if firms are reluctant to train, they organize training which is not relevant to their needs in order to qualify for the rebate or tax credit. Additionally, smaller firms may be less likely to train their workers as they feel that costs are significant and the training which is provided may not be relevant to their needs. Even if training is provided, the bureaucracy involved in persuing reimbursements dissuades firms from submitting claims for reimbursements. (Herschbach, 1993). Concluding, this paper attempted to define the reasons why there are organizations that are reluctant to see their manpower as an important asset in business success and so invest on them and train them. Now, the interplay between the benefits that are derived from any form of training and the cost-effectiveness of training for the firms is seemed to be more clear. In general, companies which operate in the increasingly competitive international market were forced to attach training and development as equal to the vital acknowledgement that the training needs are more like an investment rather than a cost and that, partly due the cultural diversity that the international integration occurs and partly because of the rapid economic and technological growth. All these also reflect the companies’ outlook on how important is the quality of those they recruit, because a company’s image is as good as is its personnel and it is vital to select and train the best. (Upton, 1987) Unfortunately, in many cases this process is considered by many managers as meaningless, too time consuming, a bureaucratic exercise only, or even as something that intervene to their department’s work. For some organizations, the maintenance and the wellbeing of the equipment and machinery seems more important than to make an effort to the wellbeing and development of their own employees (Sun, 2001). But as it has been already highlighted, the key for success, even profit, for any firm at any size is its>