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As corporate America evolves to meet the changing needs of the modern workforce, employee education benefits have emerged as a critical element in attracting and retaining top talent. Alongside traditional benefits such as health care and retirement plans, education benefits are increasingly recognized as essential for addressing the priorities of both candidates and current employees. One reason for this is simple - college can be expensive. According to a recent study although 75% of Americans recognize the value of obtaining a bachelor's degree, over half (56%) of individuals who have never enrolled or were previously enrolled cite cost as a significant deterrent to pursuing or reenrolling in postsecondary education. The goal of corporate education benefits is to provide employees with various avenues for professional growth and development while alleviating the financial burden associated with higher education. For employers, offering education benefits also has its benefits, as companies that offer education programs to their employees also stand to gain on several fronts: Retention and Talent Advancement: Investing in employee education fosters loyalty, engagement and encourages career advancement, leading to higher education rates. Reduced Acquisition Costs: By nurturing existing talent, businesses can reduce the need for frequent recruitment and onboarding, thereby cutting down on acquisition costs. Attraction of Top Talent: Competitive education benefits can serve as a powerful recruitment tool, attracting high-caliber candidates who prioritize continuous learning and personal development. A Leading Example: Starbucks College Achievement Plan (SCAP). Starbucks was among the first to offer tuition assistance in 2014 with the Starbucks College Achievement Plan (SCAP), a first of its kind partnership with Arizona State University (ASU). This program creates an opportunity for all eligible U.S. partners (employees) to earn their first-time bachelor's degree through ASU's top-ranked online degree program. Ten years later, Starbucks has celebrated its largest class of SCAP graduates, marking a decade of transformative impact through a pioneering tuition assistance initiative. How does it work? Upfront tuition coverage for online degrees with no strings attached: Unlike many programs that cap tuition benefits, SCAP offers full tuition coverage, all upfront. And there is no commitment to stay with the company after graduation. High-quality education: Partners enrolled in SCAP benefit from ASU's top-ranked online degree program with over 150 undergraduate degree programs to choose from ensuring access to the same caliber of education as on-campus students. Pathway to Admission: Starbucks and ASU provide an admissions pathway for partners who do not initially qualify for enrollment. Through Pathway to Admission, eligible partners can take up to 10 college-level courses to earn their admission into the university, with credit conversion costs fully covered. To date, the SCAP program has helped more than 13,000 partners earn their degree. And, according to data from The Burning Glass Institute, approximately 75% of SCAP participants have experienced significant career growth post-graduation. But to Starbucks, SCAP represents just one facet of the diverse landscape of education benefits available to employees. In 2022, the company also rolled out a student loan management tool as part of a financial well-being push. Through Tuition.io, employees have access to tools, resources and individual coaching to manage student loan debt, such as repayment options and loan refinancing. Success stories like Starbucks and others serve as compelling evidence of the tangible benefits of investing in employee education. Beyond immediate career advancement, these initiatives lay the groundwork for sustained growth, both for individuals and the companies that support them. For more information on the Starbucks SCAP program, go to https://www.starbucks.com/careers/working-at-starbucks/education/.

Shaping the Future Workforce: Why Corporate Education Benefits Matter

⏲ 0:30 👁 1.1M

Spirit45 : L'esprit Club tout inclus

CAP SKIRRING - SENEGAL - CLUB MED

⏲ 2 minutes 25 seconds 👁 11.5K

Goût D'évasion

⏲ 6 minutes 50 seconds 👁 3.2K

This man's vehicle had an engine overheating issue. When he popped the hood open, he also opened the coolant tank containing boiling engine coolant. The moment he let go of the coolant tank cap, the coolant exploded out and spilled all over the place.

Boiling Engine Coolant Explodes Out of Tank

⏲ 0:23 👁 1.3M

Generation FM 93.4 TV

Les régates de retour sur les plages de la station balnéaire du Cap Skirring

⏲ 1 minute 38 seconds 👁 276

Isatu Bokum

Time off at Cap SkirringZiguinchorTravel Vlog - Part 1

⏲ 7 minutes 46 seconds 👁 1.9K

The Consumer Financial Protection Bureau introduced a new rule that would cap credit card late fees at $8, down from the typical $32 currently charged by most banks. This is estimated to save Americans $10 billion annually in late fees. The credit card industry, led by the US Chamber of Commerce, sued the CFPB in federal court to block this new rule from taking effect. A judge in Texas is expected to decide whether to grant an injunction requested by the industry that would freeze the new rule until the legal issues are resolved. Analysts expect the industry lawsuit will likely be successful, as Texas courts are viewed as favorable to corporations.

U.S. Chamber of Commerce Leads Lawsuit to Halt Consumer Financial Protection Bureau's Late Fee Rule

⏲ 0:47 👁 555K

Travel Affect

ZIGUINCHOR - Basse Casamance, Senegal | Travel Documentary

⏲ 6 minutes 32 seconds 👁 15.4K

Africa Views

Dakar Senegal, Truly Mind Blowing City In West Africa

⏲ 9 minutes 2 seconds 👁 126.8K

The move to set caps on the number of international students arriving in the country comes alongside several reforms to crack down on \

Government looks to limit country’s international student intak

⏲ 1:58 👁 2.3M

Philippe FABIGNON

REPORTAGE IMMERSION À TAMBACOUNDA AU SÉNÉGAL. (Partie 1)

⏲ 6 minutes 22 seconds 👁 6.5K

KUJAMAT TV

CASAMANCE (CARTE POSTALE)

⏲ 4 minutes 7 seconds 👁 1.9M

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