UpSkill America is an employer-led movement to expand opportunity for America’s workers and allow our economy and communities to thrive. As part of our mission to advance the upskilling movement, we are pleased to share the following news featuring one of our partners.
This month, Guild Education announced its first longitudinal data set analyzing the power of education benefits to increase employee retention and promotion rates.
Over the last academic year, Chipotle has seen marked increases in retention and internal promotion rates: The 500+ employees who’ve enrolled in Guild’s network of universities and learning providers are 2x as likely to retain at Chipotle as their peers—nearly doubling their baseline annual retention rate to 89%.
According to Chipotle’s CEO Steve Ells, “A year into the program, we are hearing tremendous feedback from our employees, and seeing strong results in terms of enrollment, retention, and internal promotions among employees who are participating in the program.”
Not only are these students retaining at Chipotle, but they’re also taking on greater leadership roles within the company. Participating frontline employees are 3.5x as likely to be promoted as their peers, with 2x promotion rates across the company.
A version of this piece originally appeared in the Guild Bulletin. Click here to read more.
Chipotle is frequently recognized for its upskilling efforts and is a featured player in our UpSkilling Playbook for Employers. Learn more about Chipotle’s upskilling efforts in our section on College Degrees.
More upskilling news from Chipotle
- A Degree Built For You, March 2017
- Five Questions for Marie Davis, Manager, National Recruitment Programs and Partnerships at Chipotle Mexican Grill, December 2016
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