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wal-mart does a good

frankfrank Posts: 13,292 AG
The nation's biggest private employer announced Wednesday morning, at the start of its annual shareholders meeting in Bentonville, Arkansas, that it will begin subsidizing the cost of higher education for its employees who've yet to earn a college degree. Starting Wednesday, they will be able to enroll and study at either the University of Florida, Brandman University or Bellevue University.

To make this possible, Walmart is partnering with Guild Education, a tuition reimbursement and education platform that helps large employers extend education benefits, including tuition reimbursement, to workers.

Employees will contribute $1 per day, for 365 days every year, toward their education, so long as they're enrolled. Walmart will cover the rest of the tab. Workers will be able to choose from the three nonprofit schools and have the option of taking classes online with the flexibility to study during the evenings or on weekends.

Currently, Walmart helps workers complete their high school education and take the GED. With the new program, they will be able to obtain an associate's or bachelor's degree in either business or supply chain management (with more degree options expected to be added over time). And unlike some other programs, Walmart hasn't set a minimum GPA requirement, so long as employees pass their courses.


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