Benefits

Benefits of Apprenticeship to Candidates:

  • Choose a Profession that they want
  • Learn from Experts
  • Earn a Stipend during Apprenticeship
  • Acquire Specialized Skills through On-the-Job Training
  • Receive Government and Industry Recognized Certification
  • Improve Long-Term Career Prospects

Benefits to the Industry:
  • Addresses Skill Gap for the Industry
  • Industry can design and run Apprenticeships in customized courses
  • Increase availability of industry ready skilled manpower well versed with culture of the company
  • Reduces attrition
  • Reduces expenditure on recruitment process
  • Studies establish that loyalty factor in apprentices is relatively higher
  • Financial support from the Government through NAPS
  • High ROI with a short payback period
  • Candidates start contributing productively after a couple of months of training
  • High level of dedication and loyalty among apprentices
  • Apprentices are often cross-skilled and undertake multi-tasking across the organization
  • Apprentices are not employees, no obligation to hire them, Labour Laws are not applicable
  • In case of open recruitment slots, apprentices become a steady stream and a natural choice as they are trained on company-specific technologies, know-how and processes; they also reduce hiring & induction costs
  • Single window system championed by NSDC
  • Earn social goodwill and improve brand image as a responsible company
  • Direct contribution to nation building through partnership with Skill India mission
  • Incentives under NAPS

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