A few decades ago, continuing education was something many people left work to pursue. However, that is all changing! With technology creating a more convenient and decentralized educational system, many people have an access to learning that was not thought possible before.
Companies are now taking advantage of that system. According to Business Insider, many companies are learning that their employees don't want to be stagnant. They want to learn. So we are featuring 3 companies that practice amazing continuing educational programs for their employees.
1. Google: Google is known for more than it's creative innovation, colorful rooms, and free meals. Google realizes that stagnant employees do not contribute to, and are not loyal to, their companies. To compensate for this, Google offers $12,000 reimbursement annually for employees seeking higher education. $12,000! WHAT?!
2. Starbucks: When you drink that jolting latte, you are paying for more than a cup of liquid energy. You are paying for the excellent benefits that Starbucks offers its employees. If you've been working at Starbucks for longer than a year and are in school, Starbucks will offer you partial tuition reimbursement.
3. Proctor & Gamble: P&G will pay up to a whopping 80% of your education fees with an overall cap of $40,000. That's a lot of money but there, are of course, guidelines to follow.
I know what you are thinking though. "But those are BIG businesses! What if I am a SMALL business and I want to do this for my staff?"
If you're a small business and you feel discouraged by these costs, it is not impossible to set up a tuition reimbursement plan. The IRS allows these plans to be tax-deductible, saving you money in the future. For more information, check out this Forbes article.