An incentive will be used, encouraging companies to participate in the Registered Apprentice Program.
The Department of Labor has announced an opportunity for businesses that further expands the national apprenticeship system. Up to $145 million in funding will be used as an incentive for companies to solidify and expand their infrastructure for the new Registered Apprentice program. The Labor Department’s Employment and Training Administration has allocated up to five cooperative agreements for organizations that focus on this expansion.
Labor Secretary Lori Chavez-DeRemer stated, “This groundbreaking federal program demonstrates the Trump Administration’s commitment to strengthening Registered Apprenticeships as the premier, high-quality solution to boost America’s skills development pipeline. Expanding Registered Apprenticeship opportunities will help even more American workers thrive in high-demand jobs and bring home paychecks they can be proud of.”
The Pay-for-Performance Incentive Payments Program “aims to stimulate innovation and reduce barriers that prevent Registered Apprenticeship sponsors from committing to developing or scaling their programs.”
As the Lord Leads, Pray with Us…
- For Secretary Chavez-DeRemer as she advocates for apprenticeship programs to support the future of the U.S. workforce.
- For Labor Department officials as they review applicants for the new Pay-for-Performance Incentive Payments Program.
Sources: Department of Labor
