Tuition Reimbursement: a Benefit for Employers Essay

The audience for the Tuition Reimbursement Proposal is the Executive Leadership Board at Oregon Providence Health Plans. In addition, this board consists of eight members, highly educated professionals, with years of experience, and speak fluid English. Providence Health Plans believe strongly in employee education, whether it is learning new software programs or for personal job growth. Furthermore, because the organization is supportive of their employees, the proposal should receive a positive response. Although, one area of concern is the budget cuts that affect all the departments within the Healthcare Plan. It will be important to provide detailed facts to support my position on this proposal and why it is valid, even though the organization

Companies without a program had an average turnover rate of two to three years, while those who offered tuition assistance saw the average employment period lengthen to five or more years. Tuition reimbursement fosters loyalty to the employer and increases overall job satisfaction. In addition to strengthening the retention rate, tuition reimbursement programs allow employers to promote within the company rather than hiring outsiders. When companies are hiring from within it increases worker morale and loyalty. It also decreases the costs of hiring and training new candidates. Training for advancement is particularly beneficial in high-need areas, especially in medical fields like nursing.

Since we have already approved the budget increase for our employees to take full advantage of the tuition reimbursement program, then there is really nothing that is holding us back from implementing the program right away. The sooner that we introduce this to our employees, the sooner that they can begin to take advantage of the program and begin the road to increasing their knowledge base and advancing their level of training within our company. If we have numerous people interested who can benefit from this we will have more loyal and stupendous employees that will strive to become more and build up their position in our company. According to Elearnersexpress.com (2010) there are many different institutes they can attend.

In conclusion to this paper about Tuition Reimbursement, I think that this would be a great advantage to Sue’s Things and they employees who work here and those who will be applying for work. It will keep the company profitable by offering more positions to its employees and also offering more positions for more people to apply, thus giving the company more profit in the workforce.

will not have only on our employees but also the company. For the program to be successful we need

Bringing opportunities into the organization can introduce a business with new ideas and creative ways of solving problems. Occasionally getting employees out of their normal routine can jump-start energy and encourage employees to recommit to their jobs and the company. Learning new skills and interacting with new and different people has a direct impact on the productivity and development of the work environment. Trainings should not be expensive or last for several days in order to be beneficial. Workshops, classes, and cross-training in other departments

This past year here at company X we have had a very profitable year; and it’s important that we do everything that we can to make sure that we maintain this strong progression forward. Now, of course we have made strong financial strides; and we will continue to improve on the external factors that have gotten us to this point. However, I feel that it is imperative that we also pay close attention to the internal factors that will pay dividends for this company in the long run.

Tuition Reimbursement Program is a contract between the employer and the employee that summaries specific terms in which the employer may pay for the employee's continuing education. Usually, tuition cost is paid in advance by the employee and reimbursement is paid later by employer depending on the criteria of the company program. The Internal Revenue Service refers to the Tuition Reimbursement Program as an Educational Assistance Benefits which is tax-free up to $5,250 a year for tuition fees, books, supplies. But the student must attend a qualifying educational institution and maintain a “C” letter grade or higher (IRS, Publication 970, page 60 & 67).

According to the company's structure, all employees who attend further studies are supposed to be promoted through the promotion must also consider the past performance of an employee. Alternatively, the repayment of the tuition fee is an encouragement for the employees to expand their knowledge so as to improve their performance in the organization. This implies, the current company is supportive and understands the needs of its employees. On the other hand, the new company offers huge allowances; increased salaries that will meet and appreciate my knowledge

Structured and programmed training venues are designed to equip the employee, supervisor, and manager with the knowledge, skills, and abilities needed to startup, maintain, and improve services and products provided to general public on a global scale. Formal training is generally the focus of most organizations when discussing the return on investment in the form of revenue generation or in the case of governments, efficiency in utilizing citizens taxes in a responsible manner.

·     Training - Employees want to increase their skills, knowledge, and abilities to remain marketable. It gives them a sense of job security. In today's workplace, the more training employees get, the more likely the employer will retain them. "According to a 1999 Emerging Workforce Study conducted by Interim Services and Louis Harris and Associates: Among employees who say their company offers poor training, 41 percent plan to leave within a year, versus only 12 percent of those who rate training opportunities as excellent. (Business Week, March 1, 1999)"

Employee training programs are important in a business' success. Without an effective training program implemented the business could suffer from confused employees, ill direction and incompetence. The new employee can only excel further when taken through a properly planned training program.

Companies are providing training as a means to increase demand for their products and services in the competitive marketplace. Training programs' importance has been increasing. All companies try to increase programs' costs and effectiveness so they research new techniques. But they must develop programs with thinking the future. Solves which's effectiveness is short should not important for companies. They research new techniques which effectiveness continues long time. Analyzing future is ver important for success.

Very small organizations with fewer than 10 employees are most likely to offer training to non-employee groups, many because it is their core business as consultants or training organizations Very large organizations are the least likely to offer training to nonemployee groups , but there is little variation in organizations of other sizes. Overall, one-third provides training to students, although this rises to half of production and manufacturing organizations, up from. At the same time, however, the proportion of private services organizations offering training to concerning trend given the high rates of majority unemployment.

In this paper it enunciates the importance need of the review of literature and the related review of studies to the topic. Business expansion through training and development this is a comparatively recent origin. In the last two decades, there has been a rapid growth in the number of institutions offering management education, these are as follows: universities, Colleges, and Studies Centres. With the diversion of sizeable economics and human resources in this strategic area of national development, there should be endeavours that is simultaneous to explore and study of the various factors that affects all management trainings, this is from the identification of the training needs, there must be a good selection of suitable