Since January 1st, 2020, Grenoble Ecole de Management has its own Centre de Formation en Apprentissage (CFA - work/study center). For all of the school’s programs, this change offers greater autonomy and a work/study offer that better meets the demands of companies, both small and big. What are the primary benefits for companies?
Over the past three years, Grenoble Ecole de Management has seen a rapid increase in work/study contracts (450 versus 750 work/study students in 2019).
“Through the CFA, GEM aims to fill 800 appreticeship and work/study contracts by 2020/2021. The goal is to open the doors of recruitment for SMEs, mid-caps and startups, all of whom will benefit from more affordable recruitment costs. The school will be able to sign contracts without input from the region. We are switching to a ‘market mode’ and this change meets the requirements of businesses for all of our programs,” highlights Françoise Dobler, in charge of work/study development at GEM.
What benefits for companies?
The primary benefit is a financial one. Work/study contracts known as professionalizing contracts require a minimum salary at 80% the minimum wage. The new minimum for apprenticeship contracts is 53% of minimum wage.
“France Compétence is in charge of determining the cost of a training program. If the real cost is more than the budgeted amount, the company will have to pay the school extra. For example, for the third year of the Grande Ecole program, companies will have to pay between 500 and 1,500 euros per year depending on career choices,” adds Françoise.
Autonomy opens new doors
“This change also provides GEM with true autonomy to determine its apprenticeship offer. This freedom will enable the school to offer training programs that match the needs of companies and increase the age limits for potential participants (from 26 to 30 years of age). This change will therefore increase access to apprenticeship and training for job seekers while lowering costs,” concludes Françoise.