Sometimes a student is lucky enough to find a place of employment that will pay for their tuition and school expenses. Why do companies do this? The main reason for any company to pay for your school is to keep you as an employee. The more educated you are, the more the company benefits from your degree and your skills. They can use your clout as a college graduate to push products to clients and sell their ideas with your endorsement.
Another reason companies pay tuition for their employees is to use the educational support as a benefit to draw new employees to the company. Most people cannot afford college tuition on their own and they are willing to work in a specific workplace to get it financed. Even if the job is unsavory, many people have dealt with the intolerances so that they can continue to go to school. It is that important to some people.
When you receive a degree most companies will give you a raise or a promotion befitting that degree. If you spent all four years working for that company, they have spent a lot of money paying for your college. They recognize that investment and want to recap most of it before you leave the company. Even if the company uses tuition as a job perk, they do recognize that retention is more important once the investment is made.
Most people would be amazed at the companies that offer free tuition and other college intended benefits. Convenience stores such as 7/11 and Total offer full tuition to their employees that take a course and receives a B or higher. They even offer higher wages as you pass a course or get your degree. They know that you will probably go to another high paying job when you graduate, but at least they have a steady employee for four or more years.
Fast food restaurants, retail stores, and even mom and pop restaurants have programs to get their employees through college. It is a selling point when trying to get employees, but it has a larger strategy of raising the general wealth in the community with college graduates. The larger the graduate base, the larger the spending power will be used to bring more money to the work place that paid for the degree in the first place. It makes a continuous cycle that perpetrates wealth and education.
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