Late last year, Forbes called student loan repayment the “The Hottest Employee Benefit Of 2017.” It’s about to get even hotter. Here’s why.
For adult learners, higher education has a different purpose than it had when they were younger, with a focus on new and very specific goals. As a result, it’s simply not possible to adequately assess a school or program based solely on the qualifications important to an 18-year-old incoming freshman.
It’s hard to believe that employers spending this type of money would not be more focused on the “front end” of their tuition reimbursement programs. Providing academic advising and counseling to users of educational benefits before employees start their studies would greatly enhance their experience, not to mention maximize the employers ROI.
Many employers spend tuition assistance dollars without knowing where the money’s going. But with the right approach, every dollar can be directly correlated to a specific strategic return.
Recently, L&D professionals and business leaders converged in Boston for the August CLO Breakfast Club. Featured panelist Jay Titus shares some of the key takeaways and tips for developing learning strategies.
You can transform a tuition assistance program from transactional to transformational… but only if you ask the right questions. These five guiding questions will help determine where your organization can better align its program spend with its workforce strategy.
“Laziness” is often found in employees who put in the hours and complete every task you give them, even if it takes them all day. And therein lies the problem. For people to do their best, employers must create an environment that breeds productivity — not process.
Word came out that Obama will soon propose a program making community college tuition-free. Regardless of where you stand, this discussion needs to happen. We can’t lament the cost of education in one breath and discourage a solution with the next!
Earlier in my career, I felt a lot like Jack Bauer from the hit TV show 24. I was always trying to “beat the clock” because I felt that time was going to run out on me. However, as my career progressed and my family grew, I started to think about things differently. My Outlook calendar became a reflection of my priorities…not the other way around.
Read Part 2 of our “best value colleges for adult learners” series — finding bargains in higher education while keeping the learner’s best interest in mind.