News: Services firms to hire at least 2.5% of workforce as apprentices

Talent Acquisition

Services firms to hire at least 2.5% of workforce as apprentices

Youth aspiring for jobs in the services sector could soon pick up the necessary skills through on the-job training with India Inc agreeing to a mandate for services firms to hire at least 2.5 per cent of their workforce as apprentice, an Economic Times report said.

Youth aspiring for jobs in the services sector could soon pick up the necessary skills through on the-job training with India Inc agreeing to a mandate for services firms to hire at least 2.5 per cent of their workforce as apprentice, an Economic Times report said.

Traditionally used in India for imparting technical and manufacturing skills, the apprenticeship model has had limited success due to a very rigid 52 year-old law governing such training. India has just 2.5 lakh youth in apprenticeships, which is far too low for a workforce that is growing by 12 million a year. Japan and Germany have 3 million and 1 million apprentices, respectively.

Read the full report here

Read full story

Topics: Talent Acquisition, #Updates, #Jobs

Did you find this story helpful?

Author


QUICK POLL

As talent leaders reimagine workplace learning, what is most critical?

2 months free subscription
q_auto,f_auto/v1601902819/mag-october-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

How likely are you to recommend our content to a friend or colleague?

01
10
Selected Score :