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If companies actually do those programs and bring them to fruition with skilled workers annually, then it makes sense and would be a good thing. But the proof is in the actual metrics. Right now, all people are seeing is layoffs and job termination notices across industries. Companies tout what they are doing, but where are the new jobs with the training added on?
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So what I have heard more and more from companies is that they are willing to pay for the education, pay the person a salary, and ensure employment in return for working X number of years. Its almost like the military except you make money.
AT&T, for example, in this article, was doing that with the fiber optic people.
There is also reason to think that maybe we do not need 10k master electricians, but if we can get 10k journeyman, that would be huge. The issue we have been hearing with apprenticeships is the lack of $ people are making, and so now companies are starting to tackle this head-on. I want to say it was Nashville Power was implementing something along these lines to their lineman. Going look, we need bodies now and will pay for you to level up, but you will have to work X years for us. The rate these people were going to get paid for their X years was also some percent higher than what it is right now, so it locked in long-term gains as well providing stability for all involved.