Big companies pay for college, but money isn’t everything
The history of employer-sponsored education is one marked by low participation rates, and more data on improvement in uptake will be key to judging these efforts, but knee-jerk scepticism about corporate intentions won’t help employees succeed, the experts say.
Amazon, Walmart, Target and McDonald’s are among the companies now offering various ways for their employees to obtain an education for free. It’s not a new idea in the world of employee benefits – employer-sponsored education has a history that goes back decades. But the education programmes for low-wage workers are receiving more focus as the companies promote them in a tight labour market, and that inevitably has led to scepticism about who benefits more: employer or employee?
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