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ALP Consulting Is Among The Few Third Party Aggregator (TPA) To Help Organizations To Engage Apprentices & Manage Contracts & Claims

This document provides information about hiring apprentices through the National Apprenticeship Promotion Scheme (NAPS) in India. It outlines the financial incentives available for organizations that hire apprentices, including sharing of basic training costs up to Rs. 7,500 and 25% of stipend costs up to Rs. 1,500 per apprentice per month. It also lists the benefits of hiring apprentices such as higher productivity, lower recruitment costs, and eligibility for CSR spending. The document promotes ALP Consulting as a third party aggregator that can help organizations source, hire, and manage apprentices under NAPS.

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Anindya Sharma
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124 views

ALP Consulting Is Among The Few Third Party Aggregator (TPA) To Help Organizations To Engage Apprentices & Manage Contracts & Claims

This document provides information about hiring apprentices through the National Apprenticeship Promotion Scheme (NAPS) in India. It outlines the financial incentives available for organizations that hire apprentices, including sharing of basic training costs up to Rs. 7,500 and 25% of stipend costs up to Rs. 1,500 per apprentice per month. It also lists the benefits of hiring apprentices such as higher productivity, lower recruitment costs, and eligibility for CSR spending. The document promotes ALP Consulting as a third party aggregator that can help organizations source, hire, and manage apprentices under NAPS.

Uploaded by

Anindya Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Create a JOB-ready workforce for your

Create a JOB-ready workforce


organization throughfor your
organization through National
Apprenticeship Promotion
National Apprenticeship Scheme (NAPS)
Promotion Scheme
(NAPS)

ALP Consulting is among the few Third Party


Aggregator (TPA) to help Organizations to engage
Apprentices & manage Contracts & Claims

FINANCIAL INCENTIVE FOR


WHY SHOULD YOU HIRE APPRENTICES ?
EXTABLISHMENTS UNDER NAPS
Productivity & motivation level are higher
Sharing of cost of Basic Training up to INR 7,500 for 500 hours
Cost of Fresh recruitment goes down as shop floor
Sharing of 25% of prescribed stipend / cost subject to a
training covered in the program
maximum of INR 1500 per month per apprentice
Apprentices not treated as workers : ESI / EPF exempted

Apprenticeship spend by companies over & above the


mandatory legal requirements qualify under CSR ( as per Employee Strength - Eligibility for Apprenticeship
clarification issued by MCA) Including Contract

Minimum prescribed Stipend to be paid to apprentices 0-3 Not eligible

4-29 Optional
The Law gives the companies the flexibility / discretion to
implement the apprenticeship program: >30 Mandatory

Bandwidth of apprentice to be employed ( 2.5% - 15%)

Flexibility to design apprenticeship courses or use existing WHAT ALP WILL DO FOR YOU?
designated or optional trades
Sourcing, Shortlisting & Interview of potential
Duration of Training (6 – 36 months) candidates based on Job Description

Apprenticeship now open to both Manufacturing & Service Generating Apprentice Contracts
sector
Furnish all the returns on the portal on-behalf of the
employer

Filing all reimbursements of claims on behalf of client

Alp Consulting Ltd. headquartered in


Bangalore — and a subsidiary of the multi-
billion-dollar Outsourcing Inc group, Reach us at : #11/2, KHR House, Palace Road,
Tokyo — we are a process-driven
company among the top HR services and
[email protected] Vasanthnagar, Bengaluru,
solutions organizations in India. www.alpconsulting.in Karnataka – 560 052

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