On March 22nd, the IT/ITES sector witnessed a game-changing event: an Interactive HR Learning Session on the Apprenticeship Act, hosted at Cotelligent, A TechDemocracy Company, in Skyview, Raidurg. This highly engaging session, from 3 to 5 pm, brought together top industry leaders and professionals to unravel the complexities and unlock the potential of the Apprenticeship Act for the IT/ITES industry.
Industry Titans Unpack the Apprenticeship Act
Moderated by Sriniwas CR, Head of HR (APAC) at Innova Solutions, the panel boasted an esteemed lineup of experts:
- Lt Col Pragathi Kumar Achanta, Director of HR at AT&T
- Saugat Majumdar, Director of HR at Opentext
- Radhakrishna Murthy, Advocate at AP & Telangana High Court
These thought leaders dived deep into the Apprenticeship Act, exploring its legal and administrative implications, costs, investments, and regulatory compliance. The session aimed to elevate awareness among IT/ITES companies about the Act’s provisions and benefits.
Key Takeaways: Transforming Challenges into Opportunities
The panelists highlighted crucial changes, such as the Act’s extension to the service sector and mandatory registration for larger establishments. They discussed employer obligations, including minimum wages and CSR fund usage, and shared strategies to streamline administrative processes and implement cost-effective apprenticeship programs.
Unveiling Strategies for Success
From retention strategies to regulatory compliance, the discussion provided attendees with a comprehensive understanding of the Act’s requirements. The insights offered by the panel equipped participants with the tools to navigate the Act’s complexities effectively, ensuring program success.
A Step Towards a Skilled Future
This interactive session not only fostered a deeper understanding of the Apprenticeship Act but also paved the way for creating a more skilled and empowered workforce within the IT/ITES sector. By embracing these changes, the industry is poised for growth and innovation, setting the stage for a brighter future.
