There’s a growing realization that college shouldn’t be the only path to a successful career, and many are encouraging a return to the on-the-job apprenticeship model.
Interestingly, the latest person to hop on the apprenticeship bandwagon is Hillary Clinton.
According to The Wall Street Journal,
“Hillary Clinton on Wednesday proposed a new tax credit for businesses that hire and train apprentices, an effort to increase employment of young adults…
‘This is not just about helping individuals,’ she said at Trident Technical College in North Charleston, S.C., home to one of these programs. ‘This is about building our economy from the bottom up, with people who have the skills and the drive and the work habits to really make the most of their own God-given potential.’”
So just what does Mrs. Clinton’s apprenticeship plan entail?
“Her idea is to offer businesses a tax credit of $1,500 per apprentice, with extra incentives for hiring young adults. The proposal is similar to legislation proposed by two bipartisan pairs of senators, and the White House also has backed the concept, hosting a summit on apprenticeship and making grants to support the programs.
The programs typically combine on-the-job training with instruction and target such skilled fields as construction, manufacturing and health care.”
As the article goes on to report, businesses have been hesitant to jump into apprenticeship programs for fear they will soon lose the employees they spent time and money to train. Judging from those who have incorporated apprenticeship into their business model, however, such fears may be groundless. Employers have generally found that apprenticeship programs create more loyal employees, while also attracting more business to a company.