Wal-Mart offers Employees College ProgramJuly 20th, 2010 by Aaron Blakely |
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Wal-Mart has just announced its new College Program for employees: Wal-Mart will sponsor an college program for employees. The announcement was made at the Bud Walton arena, where 4,000 employees attended various events surrounding the meeting. Wal-Mart plans to partner with American Public University, an accredited online school with about 70,000 students enrolled in online programs. The program will offer Wal-Mart and Sam’s Club employees credits toward a degree for hours they work performing their regular jobs.
With college become increasingly unaffordable, Wal-Mart employees will have the opportunity to take advantage of a 15% discount off tuition fees and earn their online degrees. In addition, Wal-Mart will invest $50 million in the next three years to offer tuition assistance for those who participate. The goal: to get as many employees educated as possible and create a better work force.
For most employees, this program offers an aspect of scheduling flexibility with online classes that was not available before. Now students, if enrolled in this program, will earn credits towards their degree as they work. For example, a Wal-Mart cashier would be eligible to earn 6 credits towards an associate’s degree (61 credits) or even a bachelor’s (120 credits). In order to participate in the program, individuals are required to be employed by Wal-Mart for at least one year if full time or three years if part time. They also must earn a positive score on their most recent evaluation.
Wal-Mart’s innovative strategy toward public education may be the first of its kind, but they are definitely not the only ones. Check with your company to see what education programs may be offered through your employment. If there isn’t one available, don’t give up hope. Collaborate with other employees to express interest in education programs with your superiors. Who knows, maybe your employer will follow in Wal-Mart’s footsteps.




