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CAEL’s Lynn Schroeder: Tuition Reimbursement Programs Deliver Powerful Results

Posted by Brian Sorenson on June 26, 2017

Topics: Talent Management, Tuition Reimbursement, Talent Mobility

Tuition assistance programs are all the rage. According a study by the Society for Human Resource Management, more than 60 percent of American employers offer a form of tuition assistance to employees. Tuition-related benefits are popular for good reason; according to a study by Lumina Foundation, such benefits can lead to an impressive return on investment for organizations.

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McDonald’s Archways to Opportunity Education Program Hits New Milestones

Posted by Brian Sorenson on May 1, 2017

Topics: Success Stories, Employee Incentives, Tuition Reimbursement

The McDonald’s Archways to Opportunity program has reached new heights as the education initiative marks new milestones in providing employees with opportunities for personal and professional development. Entering its second year, Archways to Opportunity has seen its enrollment balloon to almost 17,000 employees. In addition, McDonald’s has recognized its 100th employee who has received a high school diploma through the program.

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Proposed Bill Would Make Offering Student Loan Repayment Assistance Even More Appealing

Posted by Brian Sorenson on April 12, 2017

Topics: Workforce Development, Employee Incentives, Tuition Reimbursement

In February, the U.S. House Committee on Ways and Means received a bill, H.R. 795, the Employer Participation in Student Loan Assistance Act, which proposes the amendment of tax law to “extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans.”

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What Businesses Should Consider Before Offering Tuition Assistance Programs

Posted by Brian Sorenson on March 23, 2017

Topics: Employee Incentives, Talent Management, Tuition Reimbursement

Tuition assistance programs benefit employer and employee alike. Helping employees access education opportunities helps them reach personal and professional goals, in turn increasing the likelihood they’ll feel engaged and fulfilled at their current job. Moreover, removing barriers to higher education allows employees to earn the knowledge and gain the skills they’ll need to successfully carry out today’s fast-paced jobs, regardless of where they are in their careers.

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Employee Retention Policies in Action

Posted by Brian Sorenson on October 7, 2016

Topics: Employee Retention, Talent Management, Tuition Reimbursement

Employee retention is a hot-button issue and for good reason: As the rate of retiring baby boomers grows in tandem with the widening skills gap, it becomes increasingly vital for organizations to look inward and ensure its employees are prepared for the jobs of tomorrow. Not only does that mean that employees need to be equipped with the knowledge and skills for increasingly demanding jobs, but also that employees should be given a line-of-sight into roles within the organization that would engage and satisfy them.

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Filling the Tuition Assistance Gap

Posted by Brian Sorenson on September 30, 2016

Topics: Workforce Development, Employee Retention, Employee Incentives, Tuition Reimbursement

Going the extra mile toward educating employees pays off for both employee and organization. An employee who is given access to an education is likely to be more motivated, engaged and productive. In turn, organizations benefit by an increased likelihood that those employees will remain within the organization and can be nurtured and groomed to take on positions of increased responsibility down the road. Encouraged by the right incentives, tuition assistance can be a tremendous benefit for employees.

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