Leadership Discussion: Interpreting the ROI in Apprenticeships

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  • Admin
  • 29 October, 2024

India’s youth population, which exceeds 800 million, underscores the urgent need for scalable talent strategies, especially in navigating a shifting job market and the widening skills gap. At a recent leadership discussion in Delhi, top HR executives met to explore innovative approaches to skill development, with a particular focus on maximizing the ROI of apprenticeship programs.

The event highlighted work-based learning models like apprenticeships, degree apprenticeships, and work-integrated learning programs as viable alternatives to traditional hiring practices.

HR leaders from top companies discussed how apprenticeships go beyond compliance, offering organizations practical benefits in terms of building a skilled and resilient talent pipeline that can adapt to industry needs. With examples of real-world applications and insights into effective implementation strategies, the discussion showcased how apprenticeships can address productivity and scaling challenges while providing participants with meaningful, hands-on experience.

The discussion also covered various apprenticeship models like NAPS, NATS, and Apprenticeship Embedded Degree Programs, along with work-integrated learning as a cost-effective strategy to reskill or upskill employees.

To explore the benefits of apprenticeships further, download our report on People Supply Chain Innovation with ROI. This report provides insights on the advantages of work-based training programs, a detailed cost-benefit analysis and case studies showcasing how companies across sectors have benefited from our solutions.

For more details on apprenticeships and to get notified on our upcoming events, Contact us

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