Aim to cover tuition, fees and textbook costs for part-time and full-time employees

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Eh! The objective is to release a big gun to attract new recruits and roommates! Retailers across the country on Wednesday announced they would invest $ 200 million to provide a debt-free way for workers to graduate from college starting this fall.

According to CNBC, Target has announced that it will cover tuition, fees and textbook costs for all employees who graduate with a bachelor’s degree in 250 programs, including computer science, information technology and administration Business. According to the announcement, employees of eligible stores, distribution centers and headquarters in the United States will be eligible for the program on the first day of employment.

Target said it plans to invest $ 200 million in the program over the next four years in collaboration with more than 40 institutions, including the University of Arizona, Oregon State University, University of Denver and Morehouse College. Target also pays a portion of the tuition fees for employees seeking a master’s degree.

The new program makes Target the latest company to invest in employee training. Chains like Chipotle and Starbucks have helped workers pay for their education, and Wal-Mart recently demanded that they pay $ 1 a day to qualify, after which employee courses announced they would cover the costs.

Target CEO Brian Cornell said retaining employees through the pandemic despite public criticism that the new program is a new way to entice new workers. Said there was no problem.

“The salaries we pay, our training and development efforts, the way we take care of our team during a pandemic… in fact, we’ve had no problem working,” said Cornell University. “In fact, our turnover is the lowest we have seen in recent years.

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Aim to cover tuition, fees and textbook costs for part-time and full-time employees

Source link Goal to cover tuition, fees and textbook costs for part-time and full-time employees

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