Though little known, Switzerland's apprenticeship system has proven its eff
ectiveness for nearly a century. On completing their compulsory schooling,
nearly two-thirds of the country's young people undertake such training wit
h alternating periods of enterprise-based training and attendance at a voca
tional school. The system's many advantages include the involvement of ente
rprises, easier labour market entry and trilateral funding. Drawing on the
findings of a survey of a representative sample of enterprises, the authors
explain how the system works and evaluate its costs to enterprises. They t
hen examine enterprises' incentives and disincentives to train apprentices
and look at the system's future prospects.