Apprenticeship Training is considered one of the most efficient ways to develop skilled manpower for the country. It provides for an industry-led, practice-oriented, effective, and efficient mode of formal training. The National Apprenticeship Promotion Scheme is to promote apprenticeship training in the country.
What is NAPS?
The National Apprenticeship Promotion Scheme (NAPS) is a scheme established by the Government of India to promote apprenticeship training, incentivize employers who wish to engage apprentices, and increase the engagement of apprentices in the country.
Why choose NAPS? Highlights for Employers:
- There is no statutory amount (EPF, ESI, PT, Bonus) to be paid during the tenure of NAPS
- Employers can engage 2.5% to 10% of your total workforce, including contract staff, as apprentices.
How can you save costs?
- You can pay a stipend to apprentices from 7K to 25K
- Your CTC cost is considerably reduced if you hire manpower vis-a-vis a regular employee.
- Save costs on statutory obligations such as EPF, ESI, PT, and Bonus.
Benefits to the candidates:
- Candidates get an opportunity to learn while they earn from the age of 14 years
- They get exposure to a natural work environment through hands-on training
- Acquire skills and knowledge from industry experts
- Better employment opportunities after completion of an apprenticeship
How can Prompt Personnel help?
- Prompt Personnel will manage the payroll and processes of NAPS as a third-party service provider.
- Since ESIC is not applicable for Apprentices we will help you get insurance coverage for apprentices.
- Make monthly stipend payments to Apprentices.
- Manage the entire activity to be carried out on the portal as per the guidelines of NAPS.
Know more details on how your organization can mobilize apprentices
under NAPS. Avail of the benefits today!