Summary
The recent 2025 Guam Apprenticeship Forum brought together over 150 participants from nearly 100 businesses to discuss the benefits of the Guam Registered Apprenticeship Program (GRAP). Led by the Department of Labor, the forum highlighted the financial incentives available for businesses, including a significant tax credit for training costs associated with apprenticeships, which can lead to substantial savings and improved workforce retention.
This event underscores the importance of collaboration between government and industry in developing a skilled workforce. With the program's expansion and recent federal support for apprenticeships, there is a growing opportunity for businesses to invest in their employees and create sustainable career pathways, addressing workforce challenges across various sectors in Guam.
Why this matters for apprenticeships
This story emphasizes the critical role that registered apprenticeship programs play in shaping the workforce by providing structured earn-and-learn opportunities. It highlights how tax incentives can motivate employers to adopt these programs, thereby fostering career development and enhancing employee retention.
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