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Apprentice Costs.pdf

2020-Cost-of-Participation.pdf

🔗 Source: careerwisecolorado.org

📊 Size: 140 KB

📄 Pages: 1 page

⬇️ Downloads: 91

Summary

paid by employer, at or above Colorado minimum wage.
- Funds flow: Employer to Apprentice.
- Training costs:
- Year 1-2: Employer pays for approved occupation/industry relevant credential (average cost: $2,000).
- Year 3: Employer pays $4,000 for agreed-upon college coursework.
- Funds flow: CareerWise invoices Employer.
- Support fee: CareerWise invoices Employer $500 quarterly, with discounts available.

Cost Schedule:
- Year 1:
- Hours per week: 16
- Hourly wage: $12.00
- Apprentice wage: $12.00
- Support fee: $2,000
- Effective wage: $16.00
- Total cost: $12,000
- Training costs: depends on credential, average cost $1,000
- Year 2:
- Hours per week: 24
- Hourly wage: $13.00
- Apprentice wage: $13.00
- Support fee: $2,000
- Effective wage: $16.00
- Total cost: $16,000
- Training costs: depends on credential, average cost $1,000
- Year 3:
- Hours per week: 32
- Hourly wage: $14.00
- Apprentice wage: $14.00
- Support fee: $2,000
- Effective wage: $18.00
- Total cost: $27,000
- Training costs: $4,000.

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Description

Employers pay apprentices an hourly wage, at or above Colorado minimum wage. Apprentice wages increase annually: $12.00 (Year 1), $13.00 (Year 2), $14.00 (Year 3). Training costs and support fees apply.

Technical Information

File Format: PDF
File Size: 140 KB
Pages: 1
Language: EN
Total Downloads: 91
Last Updated: 8 hours ago

Document Overview

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