Amazon.com Offers Tuition Reimbursement
Amazon has begun a new tuition-reimbursement program to encourage hourly employees to further educate themselves in disciplines relating to their careers.
The retailer has said they will pay up to 95 percent of tuition for courses toward technical and vocational certifications or associate’s degrees in career-relative disciplines, including engineering, information technology, mechanical and electrical trades, healthcare, construction, transportation and accounting.
Full-time hourly employees can choose to study online or in a classroom at an accredited school in an approved field of study. Amazon has said it will fund education only in fields that are “well-paying and in high demand,” according to unbiased data from sources including the U.S. Bureau of Labor Statistics. Employees must have been employed by Amazon.com for at least three years to be eligible.
Amazon follows suit to a number of other companies in the supply chain realm that offer tuition reimbursement. The UPS Tuition Assistance Program offers assistance to full-time, non-union employees, part-time management employees and part-time union employees. According to their website, UPS has provided $187 million in tuition assistance for 113,000 college students.
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Lockheed Martin offers up to $7,500 a year for tuition reimbursement in courses from leading educational institutions, as well as classes through the Institute for Leadership Excellence and online learning management system.
Raytheon Company offers an educational assistance program for approved courses, certificates and degree programs relevant to an employee’s position. Employees must be full time and can receive up to $10,000 in assistance each year.
Home Depot offers salaried and full-time hourly associates tuition reimbursement for the college, university or technical school that an employee chooses as long as their course selection meets eligibility requirements. Home Depot also has partnered with Capella, Kaplan and Strayer Universities to allow associates to earn a degree at a discount.