4 Reasons Businesses Should Help Fund Their Employees’ Online Education

Employee benefits matter. They matter to employees, and they should matter to business owners. The better the benefits, the happier the employees are. A company that provides full health benefits, a couple of weeks of PTO, and tuition reimbursement options to employees is going to be a lot more desirable to top employees than a company that only provides a week of paid vacation and the most basic health coverage at a high cost to employees.

If you’re a business owner who’s trying to decide which benefits to offer your staff, you may be considering offering tuition reimbursement for offline and online education programs. Online education is changing how easy it is for full-time workers to go back to school, and it’s something you might want to embrace at your company. Here are a few reasons you may want to help your staff go to school online:

1. Online education doesn’t get in the way of work
When your employees are learning from their laptops or their smartphones, they’re able to take classes and complete class work on their own time. So, you don’t have to worry about school getting in the way of their performance at work. Sometimes employers are hesitant to offer tuition reimbursement because they fear that their employees will have a difficult time balancing work and school. That typically isn’t a problem with online education.

4 Reasons Businesses Should Help Fund Their Employees’ Online Education

2. Offering tuition reimbursement for online education costs helps you retain your employees
If some of your employees want to go back to school, and you offer to help them pay for an online education, they’ll be a lot more likely to remain on your staff while they take classes and after they get their degrees. When you treat your employees well and offer them perks like tuition reimbursement, they’re a lot more likely to remain loyal to you, even after they graduate.

3. You’ll stand out
It’s an employer’s market, which means that many employers are only providing their employees with the most basic benefits possible since they can get away with doing this. It’s rare that companies provide their staff with tuition reimbursement options. It’s even rarer that companies help pay for their employees’ online educations. If you decide to support the online education of your employees, you’ll stand out, and top job candidates will flock to you.

4. You’ll be investing in your business
When you invest in your employees’ education, you’re helping to build a more skilled and informed staff. The more skilled and informed your workers are, the better your company will be able to perform in the global market. Affordable access to online education could change your employees’ lives, and it could change your company for the better in the future.

Online education is the wave of the future. In the next few years, the companies that embrace online learning will be the ones that stay ahead of the game. So, consider investing in the online education of your employees!

Author infoCarol Wilson is a freelance insurance business writer who is in the midst of creating her very own business insurance guide for consumers. In the meantime, she likes to share her knowledge of business insurance and other business-related topics such as marketing to small business owners, entrepreneurs, and other corporate moguls. She welcomes your comments at wilson.carol24@gmail.com.

Updated: July 20, 2018 — 9:29 am

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