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User:CollegeMeltdown/Employee education benefits in the United States

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Educational assistance benefits are employee benefits that allow workers to participate in educational programs for free or at a reduced cost. These benefits are administered through education assistance programs. Education assistance programs are used by corporations to recruit, retain, and retrain employees and to increase goodwill with former employees and the public. [1] Corporations with these programs include Walmart (Live Better U), Amazon (Career Choice), McDonald's (Archways to Opportunity) and Kroger (Feed Your Future).[2] The US Department of Defense also has a program called DOD Tuition Assistance that provides troops with funds for higher education. Some corporations use a medium, such as Guild Education and Bright Horizons' EdAssist Solutions to connect employers with education partners [3] [4]According to Wharton College professor Peter Cappelli, a small percentage of workers use educational assistance benefits.[5]

Amazon Career Choice

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Amazon's Career Choice program pre-pays 95 percent of tuition for courses in high-demand fields. The corporation has said it will spend more than $700 million to upskill 100,000 of their U.S. employees for in-demand jobs. [6]

McDonalds Archways to Opportunity

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McDonald’s employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corpation has spent more than $100 million on the program over the past four years. Independent franchises are charged for participating in the program. [7]

Kroger Feed Your Future

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As part of the company's employee growth effort, Kroger supports full-time and part-time workers in pursuing GEDs, MBAs or professional certifications[8]

DOD Tuition Assistance

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DOD Tuition Assistance is a US Department of Defense (DOD) program that funds higher education programming for US military servicemembers. Currently, DOD TA funds servicemember's college tuition and fees, not to exceed $250 per semester credit hour or $166 per quarter credit hour and not to exceed $4,500 per fiscal year, Oct. 1 through Sept. 30. In 2019, DOD spent more than $492 million on the program that year and about 220,000 troops used the benefits. [9]

Guild Education

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Guild's employer clients include Walmart, Lowe's, Chipotle, Taco Bell, Disney and Discover Financial. [10] Its education partners include Penn Foster High School, University of Arizona Global (formerly Ashford University), Colorado State University online, Purdue University Global (formerly Kaplan University), University of Denver University College, University of Florida Online, Johnson and Wales University Online, Brandman University and Bellevue University. A majority of Guild's students are people of color. [11]Research assistant Kelia Washington, writing for The Century Foundation, states, "Although Guild Education’s tuition discounts could partially subsidize employees’ educational costs, the employees will most likely pay more than $1 per day to cover their educational expenses. The cost of Walmart employees pursuing their own career interests is high."[12]

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References

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  1. ^ "Evaluating employee education benefits: Tuition assistance, tuition reimbursement & more". /www.brandman.edu. Brandman University. Retrieved 3 July 2021.
  2. ^ FALL, JAIME S. "Models of Upskilling: College Degrees". www.aspeninstitute.org. Aspen Institute. Retrieved 3 July 2021. {{cite web}}: |first1= missing |last1= (help)
  3. ^ Berman, Jillian. "Why Walmart, Disney and so many other companies are paying for their employees' college education". www.marketwatch.com. Retrieved 15 March 2021.
  4. ^ Lederman, Doug. "Boom, Not Bust, for Employer-Funded Learning". www.insidehighered.com. Inside Higher Education. Retrieved 3 July 2021.
  5. ^ Cappelli, Peter. "Why Do Employers Pay For College?". www.nber.org. National Bureau of Economic Research. Retrieved 25 March 2021.
  6. ^ Cutter, Chip. "Amazon Wants to Train 29 Million People to Work in the Cloud". www.wsj.com. Wall Street Journal. Retrieved 3 July 2021.
  7. ^ Maze, Jonathan. "MCDONALD'S FRANCHISEES 'BLINDSIDED' BY NEW CHARGES FOR 2021". www.restaurantbusinessonline.com. Restaurant Business. Retrieved 3 July 2021.
  8. ^ Zarling, Patti. "Will Kroger's tuition assistance program attract and retain workers?". www.grocerydive.com. Grocery Dive. Retrieved 3 July 2021.
  9. ^ "The top 50 most popular schools for Tuition Assistance". www.militarytimes.com. Military Times. Retrieved 27 June 2021.
  10. ^ Geron, Tomio. "Jobless Workers Fuel Surge in Demand for Startups Offering Retraining". www.wsj.com. The Wall Street Journal. Retrieved 15 March 2021.
  11. ^ Wan, Tony. "2U, Guild Education Partner to Expand Online Education for Adult Workers". www.edsurge.com. Ed Surge. Retrieved 20 March 2021.
  12. ^ WASHINGTON, KELIA. "Starbucks, Walmart, and Amazon Offer "Free" College—but Read the Fine Print". tcf.org. The Century Foundation. Retrieved 26 March 2021.
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