Hiring of apprentices, which took a beating following the economic slowdown, is now expected to pick up pace. If this happens it would indicate a possible revival of the economy, according to a study by a leading recruitment firm. TeamLease Services and the National Employability Through Apprenticeship Programme (NETAP).
An apprentice is a person — a graduate or diploma vocational course holder — who undergoes training for a specified tenure in any industry or establishment. The stipend earned by an apprentice was about Rs 12,000/month.
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The study, which brings out the sentiments regarding apprentice hiring, surveyed 500 employers across 12 sectors. It found 64% of the companies are currently not hiring apprentices, but 41% of them are likely to hire them in this calendar year.
Source: Times Of India
