January is a time for new resolutions—for some of your employees, going back to school may be on their list of goals for 2021. And with many colleges and universities offering primarily remote instruction for the time being, what better time to get back to the “classroom.” If you’re among the roughly 50% of organizations that offer undergraduate or graduate tuition assistance to your workers, good for you; you already understand the value of the investment you’re making in the future not only of your employees, but also your company.
But if you’re in the other half of organizations that don’t yet offer tuition assistance, listen up—it could help close skills gaps, boost succession planning efforts, and improve employee retention. Of course, whether or not tuition assistance delivers a good return on investment (ROI) depends on several factors.
Here are some questions to answer if you’re considering introducing tuition assistance.
To keep reading, click here: Why Your Business Should Consider Tuition Reimbursement as a Perk