Tuition Assistance in the Work Place and Its Effects on Retention - Essay Example

Summary

The essay 'Tuition Assistance in the Work Place and Its Effects on Retention' presents some of the benefits that the author believes will assist in making the decision to allow him to proceed with the research. Tuition assistance in the workplace is a benefit provided to employees by employers…

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Tuition Assistance in the Work Place and Its Effects on Retention

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Subject: Business
Type: Essay
Level: Masters
Pages: 1 (250 words)
Downloads: 2
Author: benjaminpollich

Extract of sample "Tuition Assistance in the Work Place and Its Effects on Retention"

As an employer, ensure that there exists an educational assistance program in one organization, align the company goals and employees’ goals, define a strategic plan around the program, utilize online colleges and universities, and regularly keep track of success measurements for the tuition assistance program. Extremely effective tuition assistance could save firm much money especially by regulating tuition to low-cost college course providers and ensuring that all employees’ educational needs align with the company interests (Flaherty, 2007).

Besides saving money, the firm could also reduce employees’ turnover rates given that educated employees better understand their responsibilities, have greater job satisfaction, and opt to remain with the company longer.

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