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Corporate-Sponsored Degree Programs Provide Value But Don't Guarantee Employee Retention

September 12, 2011

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  • By Claire Schooley
  • with Connie Moore,
  • Andrew Magarie

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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