Corporate-Sponsored Degree Programs Provide Value But Don't Guarantee Employee Retention
September 12, 2011
Why Read This Report
Corporate higher education degree programs attract new employees. They provide an opportunity to continue working while earning an MBA, a master's degree, or another degree or certification that could lead to faster promotions. Although some degree programs are company-funded, the trend is for employees to pay a portion of their tuition. Corporations should not count on degree programs alone to retain employees. For example, while a corporate-funded MBA degree program is very attractive, candidates will only remain with a company for the long term if it has a collaborative culture, a positive working environment, and openness to new ideas.
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