TeamLease Degree Apprenticeship - is India's first and largest Degree Apprenticeship Programme. The program aims to help organizations develop a qualified, robust and sustainable workforce and a productive human supply chain.
TeamLease Degree Apprenticeship was set up in 2014 as a 100% employer-funded Public- Private Partnership (PPP). Its stakeholders currently include TeamLease Skills University, Schoolguru, CII, and the Ministry of Skill Development.
The program has opened new channels for the employer-people supply chain in creating a talent pipeline, improving productivity, and ensuring a lower attrition rate. Since then, TeamLease Degree Apprenticeship has successfully empowered 6,00,000 youth by enabling learning-while-learning and learning-by-doing with over 1000 employers in 24 industries across all our 29 states.
India's current penetration of apprentices is very weak and only 35,000 employers create positions equalling 0.01% of the workforce. The scenario is changing rapidly, and TeamLease Degree Apprenticeship believes that India can reach the short-term goal of 1 million employers creating apprenticeship positions equal to 1% of our labour force.