Ongoing education of employees as an innovative economy requirement

Introduction: the article addresses the issue of how today labor law governs employees’ education, as well as the guarantees and compensation that the employer must provide for employees who combine work and education. These norms are considered through the prism of the emerging innovative economy and actively developing information society. Methods: there are used the general scientific research methods, such as analysis, synthesis, comparison, as well as specific scientific research methods: formal and legal, technical and legal. Results: the author analyzes which role education plays in determining the success of the employee and employer; highlights a number of norms of the Labor Code of the Russian Federation that do not meet the needs of the modern market. Conclusions: the necessity of improvement of the labor legislation in the field of education of the employee is revealed. The specific proposals are made to amend a number of articles of the Labor Code of the Russian Federation.