Videos
Employees gain skills and opportunities for career advancement. Employers build more qualified workforces and boost their bottom lines.
What We Learned
What We Learned
Besides earning credentials and gaining job experience, workers said the use of tuition assistance to advance their education led to increased:
REVIEW THE STUDIES
Studies show that investing in higher education for employees generates cost savings.
Lumina worked with global professional services company Accenture to uncover evidence that tuition programs help build workers’ skills, increase corporate profits, and boost employee involvement in local communities.
Participating companies included Advocate Health Care, Discover Financial Services, Cigna, and an anonymous regional bank.
Overview Video
Tuition-assistance programs are often considered an employee benefit expense, but research by global consulting firm Accenture shows investing in employee education delivers benefits to businesses and individuals. When employers invest in their workers, they help build skills, improve corporate bottom lines, and increase employees’ loyalty, all while helping them access educational and career advancement opportunities.