Similar to the ideal of our Nation, to increase education and accessibility to all, for our country is better when more people get degrees as our company is. To have any real sustainability as a company, education is a primary factor in the success, not just for the elite few, but also for the masses. The introduction of increased benefits in the tuition reimbursement program will send a significant message of respect and caring to employees. The application of the program will show benefits daily. What better to invest in
People who go to college usually look for flexible employment which lets them work and go to school; with these kind of employees you have potential college graduates who can decide to stay and grow with your company. Hire vs. retain Here you can have a combination of the two. You want to be able to hire low entry employees all the time, as you know the retail business has a high turnover. Those who excel and enjoy working for Tanglewood will eventually remain, while those who don’t belong will eventually find their way. However, you should also be able to retain those who excel and have the talents required to grow and develop within the
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
Although both authors prove strong points it is obvious that whether your choice is college or trade school, as long as you apply yourself you will be guaranteed future success. “The individual benefits that college graduates enjoy, including high levels of savings, increased personal/professional mobility, improved quality of life for their offspring, better consumer decision making, and more hobbies and leisure activities” (Porter, 494). Porter is explaining that a college educated individual will have a life full of endless opportunities, and a strong set of morals. A college degree is valued in our society, and we are led to believe it’s a staple for our success socially and economical. Attending college can boost your confidence giving you a piece of mind knowing you have a solid educational background.
Hiring within the company makes a positive statement. Offering tuition reimbursement is also a making statement “the company cares for its employees”. The opportunity to attend a high education can improve ones quality of life. The education will build confidence, employees will have the feeling of being need and willing to take the responsibility of doing what it that to get the job done, which can increase overall productivity. Employees who attend the program can introduce new idea and encourage other employees.
The first reason is because a lot of people want a job that will pay very good money. By going to college, you will have the hands-on learning education you need to start your chosen career. This is a huge reason why a lot of careers require you to have at least a two or four year degree. Another reason why college matters is because it helps students boost their confidence level out in the real world. There are countless things that people have to do every single day in life so going college will help give you a better idea of what the definition of life really is.
A good education is greatly respected and the benefits of having a college degree are much greater than those who do not receive a college education. People who have a high school diploma have fewer opportunities than those who received a college education and job companies are more likely to hire the higher educated person because of their expertise and educational experience. Although this may seem unfair and inconvenient to most, most jobs companies are looking for a more experienced person and someone who will be able to learn quicker and apply the knowledge that they have already obtained throughout college into their
Student Loan Debt The Rising Cost of College Why is education so important for a successful career? Have you ever had this question in your mind? Yes, by looking at the majority of this generation, education has become an important factor in human’s life. If they have education, they get respect from their surroundings, society, friends/family and etcetera. Education is a key factor for a successful professional life, and education is particularly important for the people who want to live a good life.
Riordan will pay higher salaries to employees with high-level skillset to attract and maintain employees with these skills. In addition, this strategy will help the organization keep production running smoothly. The company understands it would cost much more in time, resource, and money to keep retraining new employees. Research and development strategy is part of the pride of the company. Riordan regularly creates and uses some of the most innovative processes and procedures to provide customers with the best product possible.
It is important to support and encourage current employees to strive for higher goals. Showing that you the employee is cared for as is the business will help business grow because after all employees make the business world go round. Tuition reimbursement increases the value of the employee which in turn increases the value of the company. A business degree or communications degree offers a multitude of career choices ranging from salaries of over $100,000 per year to $30,000. Tuition reimbursement means increased morale, productivity, confidence, retention, profits, and less employee turnover.