Back to School: How Employees and Employers Benefit

Mike Donoghue is a member of a multinational information technology corporation where he collaborates on the communications guidelines and customer relationship strategies affecting the interactions with internal and external clients. He has analyzed, defined, designed and overseen processes for various engagements including product usability and customer satisfaction, best practice enterprise standardization, relationship/branding structures, and distribution effectiveness and direction. He has also established corporate library solutions to provide frameworks for sales, marketing, training, and support divisions.

  Career Development   Talent Management  

If you have an employee benefits package for you and your fellow project team members that includes tuition assistance, consider yourself fortunate. Just as many corporate budgets over the years have shrunk and reduced the amount of money available for training, so too have they dismantled tuition assistance programs and made guidelines more stringent.

However, with more competition for jobs has come an increased interest in how companies want to invest in their workforce and create a more loyal staff. This means that companies are improving their school reimbursement programs and promoting them as a way in which to both attract and nurture talent and enhance skills. This renewed direction has been seen as a favorable action, but it is still one that has only garnered a “measured shift” for some organizations.

By focusing on education programs that intrinsically seek to reach employees on a more individual and personal level, companies provide increased and unique opportunities for professional development. Using tuition assistance programs as a method to create greater interest in worker prospects also is a strong incentive—one that increases the ability to recruit future-looking and knowledge-seeking staff—just the right kind of people a company needs to build a strong core in its workforce. If these …

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