The Benefits of Offering Tuition Reimbursement to Employees
November 16, 2013
Professor Elisa Rowell
When it comes to the many benefits a company could provide for their employees, there are three important ones in the minds of those employees. These are insurance, vacation time, and flexibility. Most employees do not realize that there is another, more potentially life changing benefit that could be offered. This option is of course, tuition reimbursement.
Companies that offer tuition reimbursement find themselves with unique opportunities, ones they might otherwise never have had a chance to take advantage of. Companies that offer tuition reimbursement can ...view middle of the document...
Employees who do not have to worry as much about whether or not they can pay off all of their student loans will be more relaxed. They will also be happier, which in turn means they will be more productive.
Employees with bachelor’s degrees in business and communication typically find careers in positions like National Advertising Manager, which would help the company get their product out in the public eye more. They also find careers as acquisition editors, and operations managers, which would both help smooth the day to day processes in the company, as well as getting things more organized. The more organized things are, the more clear a chain of command there is. With a clearer chain of command, things are more likely to move smoothly the way one would want them to move.
When an employee has a bachelor’s degree in business and communication, it takes their earning potential from somewhere in the $20,000-$30,000 per year range, and moves it up to the $40,000-$60,000 range on average, with the potential for even more, very concieveably. Employees who make more...