Running head: THE VAULE OF PROVIDING TUITION REIMBURSEMENT The Value of Providing Tuition Reimbursement XXXXXXX The Value of Providing Tuition Reimbursement Even though employees might look elsewhere for a better job, educating employees makes them a more valuable and happier employee because with increased skills and knowledge, the employees become promotable and more productive. It helps develop an employee to think better logically and interact with a different group of people. Take on additional assignments, be a better leader, and will improve the company’s professional image when dealing with clients. Many companies now offer tuition reimbursement; the programs vary in some degree. Tuition reimbursement also helps
Tuition reimbursement means increased morale, productivity, confidence, retention, profits, and less employee turnover. Many people want to take the step to further their education and are afraid because of the financial stressors however with tuition reimbursement from employers the stressors are eliminated. Tuition reimbursement is a necessary investment toward the sustainability of the company’s present and
Tuition Reimbursement XCOM/285 February 20, 2011 Glenda Powell Tuition Reimbursement After a successful and profitable year, Donnie Company [Donco] issued a task for the Human Resource Department [HR], specifically employee benefits section to analyze the cost and effect of increasing tuition benefits to all employees. Donco is trying to see whether the cost to the company for providing tuition assistance will prove a beneficial decision or a waste of company dollars. The most interesting questions to answer are whether furthering one’s education provides the company with a more valuable employee, in addition to increased loyalty and production. A company can always issue a raise as incentive, yet a raise alone may not actually increase
Our target population is the Kansas City metro area. One of the most important parts of the proposed program is the internal system of intra firm competition. Using known employees and motivational tools this program should provide a lot of opportunities for improvement. The costs of performance on this program are modest relative to the impact of the profit. We will utilize part-time employees at the beginning and graduate to full time on an as needed basis.
Once top employees feel that they are no longer mastering, they begin to look elsewhere for a new job opportunity. Tuition assistance programs become highly beneficial to gifted employees because they know that having an advanced degree will enrich their performance on the job, ameliorate their career growth opportunities and allow them to possibly earn more money. (Rodriguez) Analysis: After researching tuition reimbursement implementing tuition reimbursement should be done to retain talented employees which prefer to continuously want to learn and grow within the organization. More employees will be satisfied with the organization and their salary will vary based on their education
The Institute for Higher Education Policy says college graduates not only earn more and account for larger amounts of savings but also enjoy the benefits of higher education such as professional and personal mobility, leisure activities, and higher quality of life in addition to developing better culture, rationale, consistence, and becoming more open-minded. Going even further, research has proven people with higher education have lower smoking rates and better health, which is an indirect positive factor for any employer in terms of lower cost on health expenses, higher performance, and lower number of sick-days. Indeed, education is the benefit for the person who achieves it at first place, but these are so-called ‘secondary effects’, if can be worded this way; the real benefit is better knowledge, opportunities, and qualities that this person brings to the company. New professional opportunities for the company consist of many aspects, such as better communication abilities in speaking, writing, and public presentations (and lower costs of poor communication as the result), generally better
Are the findings consistent with those from previous studies? There are no RCT’s only the open studies and the comparison groups from those studies were lacking. Lack of comparison conditions in these trials limits the conclusions that can be made about the efficacy of DBT for these disorders, their improvements may be due to factors unrelated to
Hitler may have found himself very successful in his endeavors, but Hitler is not regarded as a success whatsoever. The dictionary definition of success is “ The accomplishment of an aim of purpose.” One may argue that simply setting a goal and reaching it is success; this is not the case because people forget that the goal must have purpose. Purpose is more than simple things that we all want as individuals. A purpose is something that has meaning to it, something important. Having large amounts of money is not a purpose in that of itself, because you have done absolutely nothing with it.
For students who are living on their own with expense such as rent and bills, distance learning make their lives easy and can be managed with full-time job. Many employers will pay tuition reimbursement either yearly with set amount or if employed with large company might be full payment. In distance learning also there are courses which offers one of the best opportunities to enhance one's analytical, critical and interpretive abilities, as well as one's ability to express one clearly and to formulate and respond to arguments in speech and writing. Barszcz’s also explain a good example about critically thinking and taking the wright choice of distance
The decision that I made many years ago, by not obtaining a post-secondary degree, has limited me on my advancement in my current career. I am at a point in my career that I cannot progress any further in my company because I do not have a degree; therefore, I am not educated enough to move into a higher position within the company. Does the fact that one has a degree make him or her any more knowledgeable than one that does not? I do not think so. This is not to say that post-secondary schooling is a waste of time, as I feel that it has many benefits.