Quote:
Originally Posted by Lawtan
As a warning, that can go sour - if everyone uses the company's offer to pay for part of college, it would likely have to give up that benefit...but, yeah I can agree with much of that statement.
I like Physics...
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My employer has been offering the service for decades. They have slimmed it down some... You used to get 100 shares of company stock after you finished your degree if you stuck around for 5 years, and you used to be able to get a degree in ANYTHING.
But the stock has gone away (not enough incentive apparently), and has been replaced with the requirement that if you leave (by
your decision - those hit by layoffs are exempt) you have to pay the company back for any classes they paid for in the last two years.
The degrees have been limited, as well, to only those useful to the company. Too many people going to med school and then leaving.
There's also a limit of two degrees per type/level per person (so 2 associates, 2 bachelors, 2 masters, 2 doctorates, unlimited certificates) unless you receive special management approval.
It's a huge company, and a very small percentage of people actually use the program. Most are happier to not be going to school anymore.
But you are right. In some companies, or some careers, or without some of the limitations my company places on it, it could become a liability for the company rather than a good incentive for the workforce.
@ml1201, I can understand why you felt that way! My High School physics teacher let us program all the equations into our graphing calculators, and keep a "cheat sheet" index card with whatever we wanted on it, so his tests were actually easier because of all the equations. (He liked to put trick questions on there, but all you had to do was line up the units so they'd cancel out correctly and then you knew you picked the right equation.) When I got to college, I kept falling asleep during Physics (I couldn't help it!) and I got an A anyway, so my High School teacher was really great at what he did.