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Employers looking at apprentice hiring to offset workforce shortage: TeamLease report

Source | economictimes.indiatimes.com | PTI

New Delhi: An increasing number of employers are looking at apprenticeship to offset the workforce scarcity that they have been facing following the coronavirus-induced reverse migration, says a report. According to TeamLease’s Apprenticeship Outlook Report, 46 per cent of employers are keener to increase their apprentice pool in the period July to December 2020. The net apprenticeship outlook for this half year stands at 33 per cent.

The report contains insights on employer sentiment in relation to apprentice hiring for the period July 2020 to December 2020. Analysis is based on the historical data of apprentice hiring and findings from a survey of 600 employers across 18 sectors and 14 cities.

“One of the primary drivers for this positive momentum is that more employers, about 32 per cent, have been looking at apprenticeship to offset the workforce scarcity that they have been facing due to reverse migration that has happened because of COVID-19,” the report said.

Additionally, about 25 per cent companies have also been hiring apprentices to meet the increased demand for products and services due to the pandemic, it added.

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Source
economictimes.indiatimes.com
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