Introduction Meaning and Importance of Vet Human resource development is given impetus by the fact that giving employees knowledge and required skills can completely change organisations and improve lives (Grugulis 2007a, p.1). When skills are well deployed they provide support for national and organisational competitiveness which enables companies to perform better (Grugulis 2007a, p.1). Therefore training and development safeguard productivity and supporting it and therefore firms have been able to prepare employees for current and future jobs. Many firms have resulted to training the internal employees on the knowledge and skills relevant to its functions (Grugulis 2007a, p.2). On the other hand educational systems in a place do affect the human resource development in any country (Grugulis 2007b, p.58). With the scientific revolution in the workplace calling for higher levels of education; training, greater exercise of intelligence and mental efforts as well as Vocational Education and Training (VET) is an inevitable player in human resource development and management (Ashton 2001, p.165). This is because there is need for a more competent skilled labour workforce for sustainable development, which is established on the idea of keeping in mind the ecological effects by use of suitable technologies. Furthermore, for there to be any growth in the social and economic scene, particular types of human capital and skills are required (CEDEFOP 2010). The issues vocational education and training at workplace are not only the concerns of individual workers and employers but of the whole society. In a larger picture an educated and skilled human resource is the backbone of a well functioning and productive economy which is presumed competitive, wealthy and nurturing the wellbeing of the whole society (Holden 2001a, p.341). This paper is going to examine the two approaches to vocational education and training: the voluntary and regulated approaches and will show how these approaches employ opposite logics in their application. Approaches to Vocational Education and Training Vocational education and training is a major stakeholder in preparing and developing human resource which is compatible to the changing demands on the workplace due to technological transformation. However there are different interpretations of the form and nature of what should be an objective Vocational Education and Training (VET) system and because of varied needs of skills at different places there are different approaches to this training and educational discourse (Holden 2004a, p.356; Grugulis 2007b, p.56). With time, it has been noted that Vocational education and training is important especially due to its recurrence in the agenda of bi- and multilateral donors (CEDEFOP 2010). This is mainly because of three reasons: Firstly, despite the fact that UNESCO Education for all initiative has succeeded in bringing improved enrolment rates and quality of primary education, several concerns arise, particularly with regard to the way in which the employability in secondary education graduates can be promoted. In addition, the worldwide ecological and socioeconomic development patterns have allowe