79% employers willing to increase apprentice intake, says report

They regard apprentices help business growth, have skills suited for the market

As many as 79 per cent of corporate employers foresee increasing their apprentice intake in the fourth quarter of FY23, said a report on Monday.

About 37 per cent of them are willing to increase intake as they regard apprentices to have real-time skilled talent. At least 23 per cent feel that apprentices help business growth, according to the report by Team Lease Services.

The report covered 14 cities and 24 industries, surveying 597 employers. The net apprenticeship outlook (NAO), the number of employers willing to increase apprentice intake minus those willing to decrease, stands at 66 per cent, a