This document reports a study of the aims, scope, and character of employee education and training activities among corporations with 500 or more employees, a segment of industry that accounts for about one-half of total private employment in the United States. Most data are projected from responses by 610 companies to a lengthy Conference Board questionnaire. The report also reflects information and insights gained through personal interviews with executives at scores of these same firms. The first section (chapters 1-3) presents an overview of the corporate employee education and training activity, describing its goals, scope, staffing, and organization. A second section (chapters 4-5) describes industry's use of outside resources for employee development and its own after-hours programs, while a third (chapter 6) is devoted to the internal programs provided during working hours. Section 5 (chapter 7) reports on the views of business executives about facets of the industry-school relationship. Finally, several case illustrations provide a glimpse of the full range of education and training activities in individual companies. Companies represented include Cincinnati Milacron, John Breuner Company, and John Hancock Mutual Life Insurance Company. Appendixes include (1) a brief report on educating nonemployees, (2) descriptions of existing company courses, (3) summary of the survey sample and methods, and (4) additional data on company expenditures. (YLB)