How should we structure a tuition reimbursement plan? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

How should we structure a tuition reimbursement plan?

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in The HR Specialist Forum

Question: We’re exploring the idea of setting up a tuition reimbursement plan. Our president believes this will help build our staff’s skills, and that employees will perceive it as a valuable benefit. I’ve done a little research on how to structure such plans, but I would like to hear some real-world feedback on what works, what doesn’t and what to watch out for. What kinds of provisions should we include in our tuition reimbursement benefit plan?—Beth, Maryland


Comments

I must share that every employee who was in our tuition reimbursement program left the company upon or just before graduation. I suggest hiring the people with the education you need and invest elsewhere for retention.

If you are concerned about retention. I would have a clause that states that courses taken sho...(register to read more)

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