Economists have long questioned the value of corporate tuition-assistance programs, asserting that employees' new degrees would make them more marketable and more likely to leave.
But a growing body of research concludes just the opposite: Paying for employees' education makes them more likely to stay.
One new study, by Stanford graduate student Colleen N. Flaherty, found dramatically lower attrition among participants in a tuition-reimbursement program at an unnamed nonprofit institution. Among employees hired the year after the program started, only about 33% of participants had left the employer within five years, compared with about 60% of employees hired the same year who didn't use the tuition program.
Peter Cappelli, a management professor at the University of Pennsylvania's Wharton School, concurs in his 2004 study that "tuition assistance appears to select better-quality employees who stay on the job longer," in part to make use of the benefit.
Thinking about working in Japan? Preparing to move overseas almost becomes a full-time job in the final weeks of your departure. Many people quit their jobs weeks before so they can devote their time to preparation. But what about your health insurance? Short-term health insurance plans are a great solution. ↓
Below are links to Certified Social Insurance and Labor Consultants providing services in English. Also below are useful links related to working in Japan and links to women balancing career and personal happiness. WJA realizes and promotes women's increasing value in the labor market.