Unlock Workforce Potential: Benefits of the NAPS/NATS for Businesses

Don’t you feel that the skills of the youth determine the future? The youth of this generation are crucial for developing a better nation. However, in a competitive environment, it’s challenging to maintain pace. Do you agree with us? If yes, then what would you prefer to upgrade the excellence of your youth? Sometimes, it's hard to answer these questions. Don't worry we are here to answer your queries.  

Our government always takes steps to help people and the country. To assist the youth and firms, the government developed the National Apprenticeship Promotion Scheme (NAPS) and the National Apprenticeship Training Scheme (NATS). This initiation started to bridge the skill gap. 

Now, the point is why there is a need for skill development. Your company wants to hire professional employees. But the question is, why? The answer to this question is to boost productivity. The government also works to enhance the productivity of the overall nation. That's why they started these skill development schemes. Let’s know about these in detail. 

What are NAPS and NATS? 

From the above discussion, you may understand that the NAPS and NATS are two schemes launched by the government for apprenticeship. Now, it's time to know about these a little more. 

These technical training schemes proactively create and increase skilled employees in India. With this apprenticeship program, candidates will get industry-based training. The government introduced this NAPS scheme to provide apprenticeship training to youngsters. This scheme also increases apprentices' engagement in small to large corporations. 

NATS is a vocational training program that helps provide training to youngsters. In this scheme, the professional gives practical training to the youth that matches the current work requirements. 

Why are companies choosing NAPS/NATS programs? 

According to the Apprentices Act 1961, registered NAPS/NATS companies are exempt from contributing to Employees State Insurance (ESI) and Employees Provident Fund (EPF). Moreover, the government also provides financial support to these companies. One of the most pivotal advantages companies gain by shaking hands with the TPA is loyalty. This means these initiatives improve the loyalty between the companies and their employees. This loyalty factor helps reduce attrition.

Companies that appoint apprentices have a greater retention rate than other candidates. This happens because they want government certification, which they get at the end of the training program. Companies can undertake either the NATS or NAPS program based on skill requirements, business needs, etc. 

Benefits of undertaking the NAPS/NATS Scheme

• After undertaking any scheme, companies are exempt from EPF and ESI contributions. 

• With the help of on-the-job training, companies get skilled employees who benefit them in the long run. 

• The apprenticeship programme helps reduce recruitment process costs as the apprentices are up-skilled in a short period. This ensures high productivity in the organisation. 

• Once the training period is completed, the company can retain or let go of the employees based on their performance. 

• Businesses can use CSR funds to engage candidates in skill training under the Apprentices Act. 

• Companies can effectively address the shortage of skilled candidates by providing on-the-job training. 

• There is a higher loyalty factor among companies and employees that reduces the attrition rate. 

Why should companies look at apprenticeships? 

Industry-ready employees 

Now, as an organisation, you understand how these employment schemes help companies. We all know that companies need to hire industry-ready employees to beat the competition. However, the process can be challenging for firms. That’s why the government launched these apprenticeship opportunities. Under this, companies get the right to train their apprentices as they want. Some of the agencies want to provide technical training to their employees. You can fill your company's vacancies with the help of these services. 

One way to upskill current employees

We all know the wide gap between practical and theoretical knowledge. In the country where we are living, innovations are taking place. The new advancement requires a new mindset and strategies to fulfil current needs. With time, companies need to change the method of upgrading their skills and achieving development. That’s why the government releases these schemes to bridge the gaps between companies and skilled employees. In these policies, the best TPA provides credible candidates to the client firms. 

Addresses Skill Gap

Most graduates are technically sound, but they don’t know how to behave in the working environment. The most crucial aspect that companies need is professionalism in their candidates. Just by gaining theoretical knowledge, it's hard to upgrade communication and professionalism. Under the NATS/NAPS scheme, companies can provide technical skills to apprentices. Not only this, applicants also get skills like negotiation, time management, business communication, and more. These skills help companies and apprentices in many ways.

Can you free up senior staff? 

Companies taking apprentices from the TPA of the NAPS/NATS process will likely grow in the future. Sometimes, some urgent projects involve higher-level staff in small work, which can easily be handled by junior-level skilled employees. The apprentices they get through technical training schemes help reduce the burden on senior staff. Sometimes, our seniors feel burned out and may leave the company. However, hiring apprentices for this task can help them save their best for the firm.

Get Fresh Prospective from Youth

Most of us believe that youth consists of new ideas and strategies. To make their idea visible in society, the government launched this apprenticeship program. Companies can appoint apprentices in their businesses to leverage the innovative skills that help them grow. 

Vision India as your NAPS/NATS service provider

As an authorised third-party agency, Vision India facilitates employers by providing skilled apprentices. Our company is with the government and boosts the economy by giving credible employees to the client companies. We have proficiency in NAPS/NATS apprenticeships. This firm acts as an intermediary between employees, apprentices, and the company. The expert from our firm helps guide the registration, monitoring, verification, and reporting for the smooth functioning of the scheme. If your organisation wants credible apprentices, contact Vision India. We have proficiency in providing the best services to our clients. Our services are beneficial for both the companies and the apprentices. Shake hands with us for credible services.