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quess corp: 79% IT/ITeS employers foresee increase in apprentice hiring: Quess Corp

Currently, more than 900,000 youths who are apprentices are in the age group of 23-26 years. As per the Quess report, employers in the IT/ITES sectors are likely to pay Rs 11,000-75,000 per month to apprentices aged 20-24 years. However, the stipend pay for other sectors differs depending on educational qualifications. In the current scenario of apprentice hiring, registration of women candidates has seen nearly a sevenfold increase in the past five years, to about 148,000 in 2022-23 from 22,427 in 2018-19. ....

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Indian IT sector focusing more on hiring apprentices to cut costs, shows report

The report highlights that this spike in hiring in the IT/ITES industry has been steadily growing month-on-month as the industry prioritises apprenticeship engagement for its potential to lower the cost of its workforce, create a talented pool, and cultivate staff loyalty and retention. ....

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