Subsidisation of practical training for EPAS apprentices

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Law No. 3475/2006 (extended by Law No. 4386/2016). The instrument was originally introduced in 1952 (Royal Degree 14/06.03.1952). The first effort to introduce vocational training took place in 1931 (Law 5197/1931)

To support companies in providing apprenticeship places

The Manpower Employment Organisation (OAED) is responsible for the overall management, monitoring and evaluation of the instrument as well as day-to-day operation.

All companies employing apprentices aged 15-24 years.

EQF 4 level

State (national resources)
EU funds

The maximum amount that a company may receive is EUR 1,782 per apprentice.

Funds are disbursed to all eligible applicants on the basis of legal entitlement.

Apprentice remuneration

The figures below are estimates:
In 2016, public funding from national resources amounted to EUR 950,000. EU funding amounted to EUR 6,550,000.
In 2015, public funding from national resources amounted to EUR 500,000. EU funding amounted to EUR 8,500,000.

In 2015-2016, 2,452 companies benefited.

EEO Group (2015), OAED Apprenticeships: Developments, Prospects and Reforms, Athens, October 2015

The instrument has not been evaluated in terms of effectiveness, efficiency or equity.

Until 1.07.2017, the subsidies could be directed either to the company or to the apprentice. Since 1.07.2017, the subsidies go directly to the apprentice. Therefore, since then, the instrument qualifies as a grant for individuals. However, the data presented in the database refers mainly to the period 2015-2016, therefore the instrument is presented as a grant for companies.

www.oaed.gr

EEO Group (2015), OAED Apprenticeships: Developments, Prospects and Reforms, Athens, October 2015