Some information technology companies are growing so concerned about not find enough digital talent that they’re training their own.
IBM, Amazon and Microsoft all now have apprenticeship programs that pay workers learning on-the-job while they build IT skills. The programs cost companies tens of thousands of dollars per trainee.
IBM Vice President Joanna Daly says the apprenticeship program the tech giant started last month will help fill the several hundred vacant early-career IT jobs in the U.S. Rhode Island-based Carousel Industries executive Tim Hebert says the company’s apprentices are loyal and stay for years.
The U.S. Bureau of Labor Statistics says the median pay last year for computer and information technology occupations was about $83,000, compared to $37,000 for all jobs.