Although many companies offer tuition reimbursement, most companies only reimburse employees for classes that are relevant to their position. This is a very limiting policy. A company that reimburses employees for all college credit courses — whether job related or not — offers a service not only to the employees, but to the entire company.
One good reason for giving employees unconditional tuition reimbursement is that it shows the company’s dedication to its employees. In today’s economy, where job security is a thing of the past and employees feel more and more expendable, it is important for a company to demonstrate to its employees that it cares. The best way to do this is with concrete investments in them. In turn, this dedication to the betterment of company employees will create greater employee loyalty. A company that puts out funds to pay for the education of its employees will get its money back by having employees stay with the company longer. It will reduce employee turnover, because even employees who don’t take advantage of the tuition reimbursement program will be more loyal to their company just knowing that their company cares enough to pay for their education. Most importantly, the company that has an unrestricted tuition reimbursement program will have higher quality employees. Although these companies do indeed run the risk of losing money on employees who go on to another job in a different company as soon as they get their degree, more often than not, the employee will stay with the company. And even if employees do leave after graduation, it generally takes several years to complete any degree program. Thus, even if the employee leaves upon graduating, throughout those years, the employer will have a more sophisticated, more intelligent, and therefore more valuable and productive employee. And, if the employee stays, that education will doubly benefit the company: Not only is the employee more educated, but now that employee can be promoted so the company doesn’t have to fill a high-level vacancy from the outside. Open positions can be filled by people who already know the company well.
Though unconditional tuition reimbursement requires a significant investment on the employer’s part, it is perhaps one of the wisest investments a company can make.
77.According to the passage, what is unrestricted tuition reimbursement?
78.A company gives employees unconditional tuition reimbursement in order to .
79.Two most important results of unconditional tuition reimbursement are that the companies will probably .
80. If the employees stays after graduation, he will bring the company more benefits because_________________. |