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Tech companies are 'still heavily committed' to apprenticeships: Apprenti CEO - Yahoo Finance

Tech companies are 'still heavily committed' to apprenticeships: Apprenti CEO - Yahoo Finance

Tech giants Amazon (AMZN), Facebook (FB), Google (GOOGL) and Twitter (TWTR) are asking their employees to work from home as the coronavirus spreads across the globe. However, tech companies are “still heavily committed” to providing apprenticeships, according to Apprenti.

“None of the numbers and commitments we have for this year have changed. They're just being delayed until later in the year,” Apprenti CEO Jennifer Carlson told Yahoo Finance’s On The Move.

Apprenti, a program of the Washington Technology Industry Association (WTIA), is focused on providing fully-paid apprenticeship opportunities to minorities, veterans and women. It offers a bit more than the average internship. An apprentice’s term lasts 12 months in total with at least eight to 22 weeks for full-time educational instruction. All participants are considered protected class employees and registered under the state or federal labor agencies. As far as compensation goes, it is a ‘training wage’ of at least 60% of fully-qualified employees and includes health, dental, vision, retirement and life insurance.

But it’s also a win for the employers, Carlson says “that one-year minimum that comes with an apprenticeship is what companies are now stepping up more to embrace” as they look to “fill headcount” with talented workers.

“The whole industry is finally looking at apprenticeship as a way to extend what had been, for our sector, internships, which were short-term learning opportunities and more of a talent attraction versus talent building or talent cultivation,” Carlson says.

In total, Apprenti placed more than 700 candidates in apprenticeships across the tech industry nationwide.

Brooke DiPalma is a producer for Yahoo Finance. Follow her on Twitter at @BrookeDiPalma.

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2020-03-15 14:41:00Z
https://finance.yahoo.com/news/tech-companies-are-still-heavily-committed-to-apprenticeships-apprenti-ceo-144114584.html

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