The Evolution of Educational Assistance

Based on our 2015 Employment Value Proposition study, we know that the number one reason employees join or stay with a company is because of development opportunities. That can mean training and development, but who is to say that it doesn’t also include the chance to finish that degree or pick up a new one?

When we think about exciting topics in HCM, educational assistance might not be the first thing in mind. And yet it’s a benefit that the majority of companies offer and is seen as a valuable tool for attracting and retaining staff. Last week I had the chance to speak with someone seeking information about this topic, and we explored some of the wide variety of programs in the marketplace. While there are some commonalities across programs, there are also some factors that add to the attraction/retention factor in terms of employment value proposition.

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