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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
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 TeamLease report that covers around 1.5 lakh apprentices in close to 300 companies found that average stipends went up by 2.8% between 2019 and 2020, despite the Covid-19 pandemic.The report, which covered 12 cities and 18 sectors, also said stipends would rise upwards of 3% this year.The data from the 'Stipend Primer - Post-Pandemic Special' report of TeamLease Skills University’s National Employability Through Apprenticeship
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