Let’s not let history repeat itself.
Looking back at the school-to-work transition for Millennials, many were given a promise. They were told that if they got a college education, they would exit into a sea of job opportunities. All they’d have to do is pick one and from there, enjoy rewarding work and a long, successful career. A decent salary would support a comfortable lifestyle and, in a reasonable amount of time, dissolve their student debt.
We failed them.
Many Millennials did their part. They went to college and got their “golden ticket,” only to find that in the light of day, their degree didn’t take them very far. Meanwhile, degree or not, there was the debt.
But it’s not too late for Millennials to find meaningful, well-paying work. And many want to move on from their current positions. According to the 2019 Deloitte Global Millennial Survey, “more Millennials than we have ever surveyed—49 percent—would, if they had a choice, quit their current jobs in the next two years.” This number, very close to one-half of the almost 13,500 Millennials responding to Deloitte, is a reflection of the instability of today’s workforce.
Modern Apprenticeship offers opportunities for Millennials as well as those just entering the workforce. And bodes well for employers – reduced turnover and increased employee loyalty are hallmarks of this skills-building model.
Modern Apprenticeship is a customized workforce development framework that blends classroom learning and work-based training to prepare individuals of any age to meet sophisticated skills needs. Equally important, Modern Apprenticeship:
