Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,742,192 members, 6,504,562 topics. Date: Thursday, 23 September 2021 at 10:50 PM

Apprenticeship VS Employement Based System - Career - Nairaland

Nairaland Forum / Nairaland / General / Career / Apprenticeship VS Employement Based System (206 Views)

After Apprenticeship, What Next? / Truck Engineer Apprenticeship: Aba Or Uyo / Welding Apprenticeship (2) (3) (4)

(1) (Reply)

Apprenticeship VS Employement Based System by lasthero: 5:06pm On Jul 31, 2019
Apprenticeship system VS Employement based system.

As a young business analyst, I have taken time to study both system and compare them in terms of how they both operates. The former involves a system whereby young entries are signed up to understudy a master on a particular business for a certain duration before setting out to own thier own businesses.

Pros on c.e.o :
1. no salary to be paid, just stipend allowances,
2.low employee turnover because the apprentices won't leave until the end of the set duration.
Cons: massive investment in training apprentices

The later is a system where workers are employed to be part of a business and they earn an income.

Pros: c.e.o get to hire trained staffs thereby reducing cost of trainings, it also gives room for staff promotion

Cons: salaries must be paid either the business grows or not, also chances of employee turnover since most workers will always want to move to a better paying job.

These are just few points out of the numerous. Which of these do you find more sustainable?

(1) (Reply)

Four Managerial Strategies I've Learned Managing A Strip Club. / How Would A Certification In Azure Help Us? / Affiliate Marketing Course Free (udemy)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.