Apprenticeship Outlook Report – January – June 2021

Thorough research has pointed out that technology penetration will revolutionize the job market in the next 15 years. Higher cognitive skills and industry-focused training will be the main focus of apprenticeship programmes. While the pandemic caused a major downsizing across industries in 2020, we are now facing demand surges for skilled individuals in 2021.

The bi-annual Apprenticeship Outlook Report for the period January – June 2021 by TeamLease Degree Apprenticeship, a part of TeamLease Skills University (TLSU) indicates that the apprenticeship market is swiftly recovering from the economic concerns caused by the COVID crisis. The report delivers hard facts about apprenticeship trends across small, medium, and large enterprises and also statistics on various sectors, cities, and industries. The cost-benefit analysis will help HR and Talent Acquisition Leaders to make a well-researched investment plan.

Report highlights:

• Impact of COVID on hiring apprenticeships in respective sectors
• Apprenticeship hiring sentiments for 2021 (a case in point - 12% more employers to hire this HY)
• Employer preferences
• Year-over-year comparisons
• Top apprentice categories (for example, Trade is the most hired category with 55%)
• Expected apprentice hiring outcome
• Employer perception of apprentice productivity
• Current scenario of apprenticeship in India ( for example, Chennai is the most apprentice-friendly city at 57%)
• Skill requirement by industry
• Apprentice distribution by state, business size, organization and industry
• Cost-benefit analysis

Who can benefit from the report:

• HR and Talent Acquisition Leaders
• HR and Talent Acquisition Managers
• Small and Medium Sized Business Owners