Benefits of Tuition Reimbursement Program

March 5, 2011

Why make out employees take out expensive student loans when we could give them the benefit of having a tuition reimbursement program that could be both beneficial to them as well as for the company. Paying for tuition may seem expensive for the company, but it could actually save us money in the long run. Our company could offer the tuition reimbursement program for employees that are interested in taking courses that are related to work. We could have certain policies and guidelines to ensure that upon completing their degree they will not leave the company. I believe this is a good idea even if we don’t pay for the entire degree we could at least pay for classes that are related to the job. Adding the tuition reimbursement program to our company we are giving our employees the opportunity to develop new skills that will make them more productive at work. Our employees will be able to take on additional assignments and have the chance to become leaders in the workplace. In my opinion, the more employees that we have to earn a degree will improve the company’s professional image. The skills as well as the knowledge that our employees will gain from their education can transform into higher productivity and possibly more revenue and profits for the company. It is very hard to find good employees, but I feel that by offering the tuition reimbursement program will help our company retain good employees. Some of our employees do have goals in life, but because of certain situations in life, they were unable to reach their goals. This benefit will encourage those employees who have the goal to further their education stay with the company. We could require that the employees that want to be reimbursed for their full tuition, do at least one year of service before receiving their benefits.