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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/.
⏲ 0:30 👁 1.1M
Teach me finance
⏲ 11 minutes 10 seconds 👁 21.8K
Jacob Clifford
⏲ 2 minutes 59 seconds 👁 145K
The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.
⏲ 0:53 👁 590K
FASTgraphs
⏲ 16 minutes 30 seconds 👁 3K
Ronald Moy, Ph.D., CFA, CFP
⏲ 7 minutes 35 seconds 👁 418
How to make them miss you more by applying these 4 stoic principles?<br/><br/>In today's video, we'll explore how Stoicism can change the way we perceive happiness, relationships, and ourselves. By grasping the core principles of Stoicism, we learn how to cultivate joy independently from depending on others and how to achieve happiness without relying on control or following others' opinions.<br/>The video describes how Stoicism can help individuals find value in releasing the desire to control everything, focusing on self-development, and building mental resilience. Next, we'll delve into Stoic principles such as releasing the desire for control, inner growth, emotional independence, and living a meaningful life. Finally, the video concludes with an emphasis on Stoicism not just being a theory but a way of life that brings sustainability, balance, and true satisfaction.<br/><br/>Come explore with us: How To Make Them MISS YOU Badly By Adopting These 4 Stoic Principles.
⏲ 18:44 👁 15K
Teach me finance
⏲ 5 minutes 55 seconds 👁 1.7K
Aswath Damodaran
⏲ 45 minutes 1 second 👁 4.8K
AQUARIUS ♒️ Calling all Aquarians! STOP stressing and tune into this powerful MAY 2024 Tarot reading focused on LOVE and ABUNDANCE.This is your ultimate guide to navigate the month ahead, packed with insights into your relationships, personal growth, and the exciting opportunities that await. ✨<br/>Are you feeling lost or uncertain about your love life? This Aquarius MAY 2024 Tarot love reading provides clarity and empowers you to make the best decisions for your happiness. We'll delve into the energies surrounding your current or potential partner, exploring their true feelings and intentions. Is your ex experiencing regret? Is a new love interest on the horizon? The cards will reveal all!<br/>But this reading goes beyond just romance. It's about embracing your individuality and stepping into your power. The Aquarius horoscope for MAY 2024 highlights the importance of self-focus and pursuing your dreams. It's time to release limiting beliefs and manifest the abundant life you deserve! <br/>Here's what you'll discover in this Aquarius Tarot Reading:<br/>Love life insights: Uncover the truth about your partner's feelings, potential challenges, and the overall direction of your relationship.<br/>Ex's regrets: Gain closure and understanding by exploring whether your ex is experiencing remorse or still holding onto the past.<br/>New love potential: Discover the signs and possibilities of a new, fulfilling relationship entering your life.<br/>Financial abundance: Explore the energies surrounding your finances and career, and learn how to attract prosperity and success.<br/>Personal growth and empowerment: Receive guidance on embracing your unique qualities, overcoming obstacles, and living your most authentic life.<br/>This reading is perfect for you if:<br/>You're an Aquarius Sun, Moon, Rising, or Venus sign.<br/>You're seeking clarity and direction in your love life.<br/>You're curious about your ex's feelings and the potential for reconciliation.<br/>You're open to new love and want to attract a fulfilling relationship.<br/>You're ready to embrace your personal power and manifest abundance in all areas of your life.<br/>Don't miss out on this insightful Aquarius reading for today, and gain the guidance you need to navigate MAY 2024 with confidence and optimism. Watch now and unlock your full potential! ✨<br/>#Aquarius #tarot #MAY_2024_Aquarius #tarotreading #AquariusReading #AquariusMAY2024 #AquariusHoroscope #AquariusToday #TarotAquarius #AquariusWoman #Zodiac<br/>
⏲ 15:40 👁 5K
BMOCommunity
⏲ 3 minutes 12 seconds 👁 474
The Plain Bagel
⏲ 13 minutes 16 seconds 👁 219.9K
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