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Tuition Reimbursement Implementation Report

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Tuition Reimbursement Implementation Report
Tuition Reimbursement 1

Tuition Reimbursement Implementation Report
Ronn Westmoreland
University of Phoenix

Tuition Reimbursement 2 In today’s world, people of all ages are choosing to further their education by obtaining some sort of degree from a college or university. This has been made easier for most people because now there is an option of taking courses online rather than having to attend classes on campus. It also gives people the opportunity to work full time while furthering their education and using that opportunity to move through the ranks of the company. With the profits that our company has made over the past year, I believe it is in our best interest to use this money to help our fellow employees with tuition reimbursement during their time here. A plan to implement a tuition reimbursement can bring professional opportunities to our company and help drive employees to different career fields that are within our company plus the benefits that can brought with it. A tuition reimbursement plan can help expand the knowledge of the company to our employees who decide to further their education. Taking business based classes can help employees see what opportunities their future can have. A few employees who were just seeking a job might consider going to school and turn the job into a career with the company. Taking classes that are based on business etiquette, management and leadership skills, and how to use communication in a business setting will help employees to be a strong leader. Not only can going to school can help employees become strong managers, there is also a great chance of earning a larger income and being promoted within the company. The employees who choose to use tuition reimbursement and stay with the company after receiving their degree is like the company investing on its own future. This investment is an affordable way to increase the retention rate in the company as well and prevents us from



References: Locker, K.O. & Kienzler, D.S. (2008). Making Oral Presentations: Business and administrative communication (8th ed.). Boston, MA: McGraw-Hill. Lynn, K. (n.d.) College Life: 6 Financial Benefits of a College Degree. Retrieved November 14, 2010, from: http://collegelife.about.com/od/academiclife/a6FinancialBenefitsOfA CollegeDegree.htm Roth, J.D. (2008) Get Rich Slowly: The Value of a College Education. Retrieved November 14, 2010, from: http://www.getrichslowly.org/blog/2008/01/10/the-value-of-a-college- education/.

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