IPMA-HR: Tuition Reimbursement Policies

  • Retention
  • Compensation
  • Topics
  • Tuition Reimbursement
  • Policies
Most employers encourage continuous learning and development for their employees. Organizations realize that in today's workplace, an educated workforce helps maintain a progressive, responsive and efficient agency. Studies show companies realize a $10 return in productivity for every $1 invested in employee education. At the same time, employers know their staff cannot necessarily afford rising education costs. College tuition increases 11-14% annually and sometimes semi-annually. Organizations should evaluate their education expenditures, goals program guidelines to ensure they're mutually beneficial for both the employer and its employees; the resulting programs should be diverse and tailored for the type of organization. 

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