Here are 36 companies with some of the best tuition reimbursement programs around. Students must choose a degree corresponding to an in-demand occupation, such as nursing or computer design.
Employees are eligible after one year of employment. Full-time and part-time employees are eligible. All employees must meet certain requirements and be approved by the company to participate. Anthem, Inc. The catch is an extensive list of eligibility requirements.
For instance, employees must receive company approval and must earn a passing grade. The benefit covers degree programs and job-related certificate courses. Baxter is a Fortune health care company. Graduate students, fear not. There is funding available to reimburse graduate coursework, but it requires management approval.
There are no funding limits for engineering or technology fields. Employees can take either degree or non-degree courses — whether for personal or professional growth. This assistance covers tuition, fees, and textbooks. Employees may take coursework in any field, but they must earn a grade of C or better. Partnering with Guild Education , Chipotle is able to provide online courses, programs, and degrees from various universities.
All full-time employees are eligible so long as they have been employed for at least six months. Once reimbursed, employees must remain with Comcast for at least one year, or reimburse the company for the cost of the class. Full-time employees are eligible, but must choose a degree that is job-related.
Employees must reach one year of employment to qualify. Top-performing professionals may be eligible for graduate school assistance. Deloitte offers these employees full tuition reimbursement after two years of employment.
FedEx employees interested in career advancement should explore the tuition assistance program. Courses must be job-related to prepare talented individuals for additional career opportunities.
UAW-Chrysler employees can receive tuition assistance for job-related courses that are pre-approved by a company committee. Well, believe it! Tuition reimbursement is an employee benefit. Companies that offer tuition reimbursement typically agree to pay a set amount or percentage of your tuition and other education expenses for a degree or study program.
Typically, your employer will require you to pay for everything on your own first. But once you complete the course, semester, etc. Sounds awesome, right?
It definitely can be. For example, some companies will only reimburse you for courses or degree programs if they are relevant to your line of work. Because it creates a win-win situation for both you and the company. You get to gain new skills and the company gains a more knowledgeable employee. Of course, some companies will help you pay for school no matter what you choose to study. Because there are more ways than one that these programs benefit employers. In the long run, tuition reimbursement programs benefit the companies who offer them just as much as the employees.
Claim Your Listing. Education Benefits Popularity. The Cost of Tuition Reimbursment. Training Needs by Industry. Employer Tuition Reimbursement Company Vendors. Tuition Reimbursement Programs Advantages. Participation in Tuition Reimbursement Programs. When Chipotle began a tuition-assistance program, the retention rate for those in the program reached 89 percent after only five months, nearly twice the retention of those who did not enroll.
Despite the high percentage of companies offering tuition-assistance programs, average employee participation is still only around 5 percent. Aon Hewitt consultants project that to grow to over 10 percent by as the expansion of these opportunities plays out. Tuition Assistance Is on the Rise Lydia Jilek, director of voluntary benefits for Willis Towers Watson, says that employers are increasingly asking about financial benefits for employees beyond retirement and compensation.
Tech and Finance are Leading the Trend Jane Kwon, a consultant for Aon Hewitt, confirms that the financial-services and tech industries have the steepest upswings in their tuition-assistance offerings. Experts Approve According to Kwon, the most common concerns about tuition assistance are high cost and worries that the employees who benefit from such programs will not stay with the organization long enough for the company to get a full return on its investment.
About TalentCulture is a trailblazing HR marketing company offering advertising, media, executive and corporate branding, research, and social promotions via our global learning community.
0コメント