THE EFFECTIVENESS OF APPRENTICESHIP TAX INCENTIVES IN PROMOTING VOCATIONAL TRAINING
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- NGN 3000
Abstract: The effectiveness of apprenticeship tax incentives in promoting vocational training is pivotal for encouraging employer investment in workforce development and expanding apprenticeship opportunities. This study examines the impact of apprenticeship tax incentives on vocational training participation rates, employer engagement, and skill acquisition among apprentices. Objectives include evaluating the utilization of apprenticeship tax incentives by employers, assessing apprentices' perceptions of training benefits, and identifying barriers and facilitators to implementing effective apprenticeship programs. A survey research design is justified for its ability to gather data from 200 participants, including employers, apprentices, and vocational training providers, using purposive sampling to ensure representation across industries in Delta State. Case studies will highlight companies leveraging apprenticeship tax incentives, showcasing successful programs and their impact on workforce skills development. Findings reveal that apprenticeship tax incentives stimulate employer investment in training, increase apprenticeship opportunities, and enhance participants' employability skills. Recommendations emphasize expanding awareness of tax incentives, streamlining application processes for employers, and strengthening partnerships between vocational training institutions and industry sectors to optimize the benefits of apprenticeship programs.
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