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Average stipend payout likely to witness 3% growth in 2021: Report - Vimarsana News

Average stipend payout likely to witness 3% growth in 2021: Report

The average stipend payouts for apprentices, which witnessed a positive growth in 2020 despite pandemic-related disruptions, are expected to rise over 3 per cent in 2021, according to a report. Despite the disruption caused by the pandemic, the average stipend payouts for apprentices had witnessed a growth in 2020 and this positivity is expected to continue even in 2021, according to the report titled 'Stipend Primer' by the National Employability Through Apprenticeship Programme (NETAP), a TeamLease Skills University. The average stipend payout is expected to witness more than 3 per cent ...

Stipends for apprentices up 2.8% in 2020, to rise more than 3% this year - Vimarsana News

Stipends for apprentices up 2.8% in 2020, to rise more than 3% this year

Stipends for apprentices up 2.8% in 2020, to rise more than 3% this year The sectors that paid much higher in 2020 were mainly in services — in ecommerce and education, stipends went up by 39% and 34%, respectively. Synopsis The data from the 'Stipend Primer - Post-Pandemic Special' report of TeamLease Skills University’s National Employability Through Apprenticeship Programme (NETAP) found that average stipends for apprentices had risen from Rs 11,860 a month in 2019 to Rs 12,200 last year. The increase in 2019 was steeper at 8.8% — from Rs 10,900 the year before. NEW DELHI: A TeamLeas...