Training Costs
Two training costs are involved with CareerWise youth apprenticeships. First, employers make an annual training center contribution of approximately $5,000. This training center contribution covers the cost of community college tuition, industry credentials, etc. Second, there is the opportunity cost of training. Apprenticeship programs require company staff to spend time training the apprentice. This is time company staff are not engaged in productive work. This section quantifies both of these training costs.