CAREERS

Dropout Apprentices Increase Productivity Loss

Employers invest in training apprentices in a bid to improve human resources, but the purpose is defeated, as dropout rate is seen to cost Australia almost $12 billion in the next 10 years. NSW-commissioned modelling by Deloitte Access Economics has estimated the combined losses in NSW last year at over $180 million. Employers lost $124 million, the state government $33 million and the Commonwealth $26 million in payments and expenses.

Rise of the change manager

The increased volume, pace and complexity of change has produced a new profession: the Change Manager.
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