Chat with us, powered by LiveChat The importance of tuition reimbursement as an employee benefit can’t be ignored. - Writeedu

The importance of tuition reimbursement as an employee benefit can’t be ignored.

The importance of tuition reimbursement as an employee benefit can’t be ignored. In a recent State of the American Workplace survey report, Gallup found that 45% of Millennials say they would change their jobs for tuition reimbursement benefits, and 65% of HR decision-makers say that failing to attract and/or retain Millennial or Gen Z employees could have a negative impact on the business.

You are the HR manager for a medium-sized company that wants to implement such a program, and the CEO wants you to make recommendations for this plan. He has asked you to determine what the “ideal” tuition reimbursement program should look like—in other words, what are the key features and stipulations?

Your initial posting should address the following questions: 

  1. What employees will be eligible under this plan?  Will part-time employees be eligible?  If so, how many hours per week must they work in order to maintain eligibility?  
  2. How long must the employee be employed by the company in order to be eligible for this program?  
  3. What programs of study will be eligible under the plan?  For example, should an employee be allowed to seek a degree in any discipline or must it be job-related?  How will you determine eligibility of a broad-based program of study like business administration?  
  4. What is the level of cost that the company will take on?  Is there an annual cap on the benefit?  (Keep in mind that the IRS allows only $5,250 per year to be written off by an employer for an employee’s education costs, so anything above that amount will result in additional tax expenses for the employer.)
  5. Will the amount of tuition reimbursement be scaled according to grade requirements?  For example, in some companies, a grade of “A” receives full reimbursement, a grade of “B” is reimbursed at 75%, a grade of “C” is reimbursed at 50%, and lower grades are not reimbursed at all.  What will your plan specify? 
  6. Will you require an employee to remain on the job for a specific period of time after attaining his or her degree (sometimes known as “golden handcuffs)?  If the employee leaves before the specified period of time, will s/he be responsible for paying back some portion of the tuition?  If so, how much?

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteEdu. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

Do you need help with this question?

Get assignment help from WriteEdu.com Paper Writing Website and forget about your problems.

WriteEdu provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.

With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Chat with us today! We are always waiting to answer all your questions.

Click here to Place your Order Now