PROVIDING TUITION REIMBURSEMENT

Providing Tuition Reimbursement

Providing Tuition Reimbursement

Thesis Statement

In witting an essay to the human resource management regarding to the tuition reimbursement and making extra time for the company's employee's learning, I noticed that in my company most of the employees are not properly educated. Many problems from payroll to cashiering are easily be avoided with the proper education. Providing reimbursement for tuition as well as making additional time for company employee's learning would be a wonderful benefit not only for the employees, but for the company as a whole.

Introduction

The purpose of this essay is to present the proposed outline terms of my XYZ company tuition reimbursement program. With in the organization, I have noticed fewer employees receiving tuition assistance.

Traditionally, tuition reimbursement has been a mainstay of the company benefits from many programs. However, given that budgets are tight, tuition reimbursement is now considered a more demanding eye. The relevance of the curriculum, spiraling costs of education and long-term employees are real issues to consider. The result would have been a downward trend in the number of employees and the amount of reimbursement. These issues are tangential to the huge question of whether the tuition reimbursement is a benefit to all. The answer is an unequivocal yes.

For a relatively small investment, the rewards of cycle back to the organization as more motivated employees and better education is incalculable. An employee who has the exposure to innovations in the field should produce savings of the bottom line. Moreover, an educated employee is strategically value added to our organization. Several educational institutions revamp their curricula to meet the changing demands of the corporate culture and have kept cost increases under control (Schuster, Zingheim, 2007).

Tuition Reimbursement Strategy

Our XYZ Company is always in the hiring mode. Although our hiring process is quite extensive, many employees hired still require additional training that will increase practical business knowledge and increase confidence in the workplace. Whether an employee is a lower level associate or an executive, implementing a leadership training program will benefit the company drastically. The employers at my XYZ Company should invest in ensuring all employees have the skill, knowledge and qualifications needed to be successful at work.

A person can become a better employee by earning a degree which relates to his or her job. Working for a company that is willing to pay for tuition normally results in the employee remaining loyal and the company will have less turn-around. Many large companies exist who offer tuition reimbursement such as Starbucks and Quiktrip. Starbucks offers their employees $1000 a year for employees who qualify and Quiktrip offers their employees $2000 a year. Many colleges have partnered with companies to assist in educational training for their associates. Oftentimes the colleges will have the trainers come to the company allowing the associates to sign up for classes from their college institution (Adler & Allison, 2007).

After gathering this information I am able to show XYZ the benefits of providing tuition reimbursement to the ...