The latest version of our Apprenticeship Outlook Report - covering the forecast for apprentice engagement based on employer sentiment - out now!
This quarter witnesses a subdued sentiment resulting in a 3% dip in NAO from the previous HY.
Key Takeaways from this Apprenticeship Outlook Report
- Net Apprenticeship Outlook (NAO) is at 66%
- About 79% of employers are foreseeing an increase in apprentice intake
- 9 out of the 14 cities see an increase in their Net Apprenticeship Outlook while 5 cities register a decline
- Large-sized businesses top the NAO (69%) with an increase of 4% from the previous HY
- Engineering & Industrial, Electrical & Electronics, and BFSI are the top 3 sectors
- Real time skill availability, cost-efficient hiring, and business growth are the key reasons for increased apprentice engagement
- Stipend Range paid to Degree Apprenticeship - Rs.15,000 to Rs.20,000
- Data Analysis, IT, and Customer Relations are the top job profiles for degree apprentices
Comprehensive insights on apprentice hiring by key sectors & cities, business size, category & function and more in our latest Apprenticeship Outlook Report. Download Now!
