Tuition Reimbursement
When pursuing a higher education, the factor that determines everything is cost. It can be very difficult for a person with a modest income to receive funding for a college education, without assuming substantial student loan debt.
Our company has had a very profitable year, and we have decided to expand our employee’s benefits program. Adding tuition reimbursement for the obtainment of a Bachelor’s degree in business and communication will result in tremendous benefit to the company. Employers invest time and financial resources in training employees on the inner working of their trade. This in conjunction with providing financial assistance for employees to obtain this degree signifies a substantial investment in our employees. (Urbine, 2010.)
According to a March 2007 United States Census Bureau press release, adults with advanced degrees earn four times more money that those with only a high school diploma.   (Ebony, 2007.)The problem is that even though there is incentive to attend college, the immediate costs seem far greater. Some students and parents believe that because of the increasing costs of tuition, a college education is unattainable. This results in hundreds of intelligent and industrious individuals not reaching their full potential.
People who wish to improve their education seek out companies that offer tuition benefits. (Kropf, 2004.) If they are willing to spend hours at work and then hours in the classroom, these people are highly motivated, and employers should appreciate employees with such a take-charge attitude.   These employees will work harder at the company to thank them for giving them the opportunity to improve. Employers who have the ability to offer a great benefit that will enhance the business should do so. Employees who are able to pursue the personal goal of an education, while having a sense of job security are happier and more productive, which leads to better employee morale.

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