Tuition Reimbursement Paper Essay Example for Free

Tuition Reimbursement Paper Essay Often regret their decision. Adults with this degree find that they do not need to prove themselves in every position as much as those with a two-year degrees. Applicants with four-year degrees are hired before two-year degree applicants in most white collar career fields. Upward Mobility-adults with bachelor degrees have greater opportunities for corporate upward mobility, than those without this degree. Scholarships and Grants-Most scholarships and many grants are only eligible to students enrolled in bachelor degree programs. Cost-the tuition costs for a bachelors degree is more expensive compared to nrolling in an associate program. The average cost was $13,424 per academic year for public four-year schools and $30,393 for private four-year schools in 2008 (National Center for Educational Statistics, Fast Facts, 2007-2008). Student Loan debt often places graduates in financial hardship for years following graduation. One thing about the money is that the company will be helping the employees with the tuition so it will be a little easier for them to get started with the program. The employees wont have to worry about getting in debt. Since we have been doing so ood this year, we have provided a budget for this program and any employees who want to go back to college. This is not mandatory for employees. This program will be for employees who are interested in going back to school and dont already have a bachelors degree ( even if they have an associates degree). Some benefits of a bachelors degree According to http://www. ehow. com/facts_5139903 _benefits-bachelors-degree. html and the U. S. Census Bureau, the average lifetime earnings of someone with a bachelors degree is $2. million. A high school graduate can expect to earn $1. 2 illion over his or her lifetime, while a person holding an associates degree can expect average lifetime earnings of $1. 6 million. People with bachelors degrees have higher savings because of their higher incomes, so they can engage in more hobbies and participate in more leisure activities. When it comes to skills, the skills n ecessary to succeed in college and earn a bachelors degree are time management, responsibility, critical thinking skills, ability to communicate. These skills come into play at work as well. It is also important to choose the right college too. The type of ollege that the employees choice will be very important because accredited colleges will be looked for in resumes when hiring. Employers want people not only to have a good education, but to have an education from a really good college. Degrees from accredited colleges and universities are typically valued higher than degrees from schools that are not accredited because of the standards they must meet. Benefits for the company There are many benefits for the employees for getting their bachelors degree. But, there are also great benefits for a company that hires employees who have their achelors degree. One of the benefits is having more time to spend towards the company. Employers wont have to worry about training new employees if they have the experience and skills needed for the Job. Employers can spend that time on things they need to do for the company and less time trying to teach new employers things they should already know. Also, having employees who have a good education from good schools are always well respected for having highly educated employees. It makes the company look good and gives them a good reputation.