The benefits of higher education are attractive to job-seekers. When you offer tuition assistance, high-quality candidates are more likely to accept a position with your company.
One of the most prevalent reasons employees use their company's tuition assistance program is to keep pace with or get ahead of changes in their position.1 Employees want current information and relevant skills, which translates to innovation and proactive thinking in the workplace.
Working adults want the chance to learn and earn at the same time, and those who use tuition assistance programs feel loyal to their employer. In fact, 76% of employees say a tuition reimbursement program would make them more likely to remain at their organization.1
There are several ways an employee can use a tuition assistance program—they can complete a full degree, earn a certificate or just take individual courses. Regardless of the path they choose, employees who continue their education become more valuable and effective team members.