Employment and Jobs

Talent Investments Pay Off at Large CommTech

June 14, 2016  • Lumina Foundation

UpSkill America is pleased to share this resource from one of our partners in the upskilling movement.

From 2012 to 2014, a large communications technology company (masked as “Large CommTech”) provided employees $138M in tuition assistance through its Tuition Assistance Program (TAP). That program resulted in 39.2% ROI ($54.2M net savings), as a result of avoided talent management costs. Both the business and employees benefited as a result of TAP investments.

Read the Lumina Foundation’s second briefing in a series of studies on employer talent investment by visiting luminafoundation.org/resources/communications-technology-company-realizes-returns-for-investments-in-tuition-assistance.

 

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