With the country facing skill gap, more and more companies are relying on apprenticeships, which is giving it a much-needed impetus, as per a survey.
More than 50 per cent of the employers surveyed said apprentices were giving them more than 100-150 per cent return on their investment, according to TeamLease Services 'MOOC ((Massive Open Online Courses) in Apprenticeship for Employment and Employability' survey.
From a productivity point of view also, the employers found apprentices to be efficient, it said.
The respondent base of the study consisted of 450 apprentices and 200 corporates.
Employers felt that apprentices did exceedingly well on key parameters, like productivity, time to turn and return on investment, that they look for in a talent, it said.
Around 50 per cent of the respondents said apprentices turned productive within 45 days of joining work, which is much faster than an average employee, as per the survey.
India Inc also felt the productivity of ...
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