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News & Views by Strategy: Talent Hubs, Page 2

The Nation's Largest Community College System Prepares for the Future

July 05, 2017

A new report from the Institute for the Future (IFTF) examines the California Community Colleges’ Doing What MATTERS for Jobs and the Economy initiative. The system is using a “solutions network" approach to transform community colleges. The network described in the report connects resources across institutions, eliminates waste, redundancy, and silos, and shares lessons from campuses to quickly capitalize on innovations.

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Conversation with CompTIA's Gretchen Koch on IT Careers for Diverse Populations

May 11, 2017

Lumina Senior Advisor for Credentialing and Workforce Development Holly Zanville spoke with CompTIA's Gretchen Koch about efforts to expand opportunities for diverse student populations to find employment in the IT industry by scaling a long-term internship model.

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The Case for Talent Investment

Feb 21, 2017

Tuition assistance programs should be thought of as a key strategy for talent development, but they're often underutilized. Lumina Strategy Director Haley Glover rebukes three common arguments against talent investment.

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Study Finds Investing in Employee Higher Education Results in Cost Savings for Major Financial Services Company

Nov 30, 2016

Discover Financial Services reaps $1.44 in savings for every dollar spent on tuition assistance for employees. Latest study by Accenture supports growing body of evidence that tuition assistance programs help build employee skills, improve corporate bottom lines, and increase employees’ involvement in the community.

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Study Finds Investing in Employee Education Results in Cost Savings for Major Healthcare System

Sep 27, 2016

An analysis of Advocate Health Care’s Education Assistance Program (EAP), conducted by Accenture and partner Lumina Foundation, shows a 4-percent return on every dollar invested in tuition assistance for the health system. For Advocate’s business and administrative workforce, EAP generates a 58-percent ROI.

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Companies Should Invest in Employees’ Higher Education

July 13, 2016

An analysis in Chief Learning Officer magazine by Lumina's president and Cigna's chief learning officer looks at data demonstrating the return on investment for corporate tuition reimbursement programs.

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Investing in Employee Tuition Benefits Yields Significant Financial Payback for Major Corporation, Study Finds

April 25, 2016

INDIANAPOLIS (April 25, 2016)—Investing in college tuition as an employee benefit helps companies attract and retain top talent, but a new study of Cigna Corporation (NYSE: CI) shows there’s another compelling reason for employers to embrace the benefit: it improves the bottom line.

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In the talent race, companies are helping pay for employees’ higher education. Is it paying off?

April 25, 2016

As the job market rebounds and Millennials become the dominant generation in the workforce, companies are stepping up their efforts to attract top talent. To do so, many are turning towards a benefit that has been offered to varying degrees over the last decade – covering the cost of employees’ higher education.

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LGBT rights important to business

Feb 01, 2016

Indiana has a huge unmet need for workers with the skills and knowledge required to fill 21st century jobs and fuel our state’s economic growth. Consider that by the end of this decade, at least 55 percent of Hoosier jobs will require some form of education beyond high school. And we’re falling woefully behind in meeting that demand. Only 34 percent of adult Hoosiers acquired a two- or four-year degree as of last year. This places us 40th among states in higher education attainment in a nation that, on the whole, faces a looming talent gap.

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FOR MEDIA INQUIRIES CONTACT:
Kate Snedeker
317.258.3748​
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A series of reports show investing in employee tuition reimbursement yields significant financial payback.
See Talent Investment series