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 share the following news:
Macy’s, Inc. has announced a significant new investment in its employees that will expand the breadth and reach of its benefits programs, including launching a tuition benefit program and raising its company-wide minimum rate to $15 per hour. The Company will also invest to increase compensation and benefits for colleagues across Macy’s, Inc.
Beginning in February 2022, Macy’s will provide a debt-free education benefit program to its colleagues, investing approximately $35 million over the next 4 years. The program will be available for all U.S.-based, regular, salaried and hourly colleagues. It will cover 100% of tuition, books and fees for a wide range of options, including courses for high school completion, college prep, English language learning, associate and bachelor’s degrees, bootcamps and professional certificates within Macy’s debt-free network. Macy’s has partnered with a leading education and upskilling platform, Guild Education, to build the program and help Macy’s colleagues gain the skills, knowledge and experience they need to achieve their professional goals without financial barriers.
Tweet Shopping for an upskilling update? 🛍️ @Macys has announced new investment in its employees that will expand its benefits program to include a debt-free education program and a company-wide $15 minimum rate.
Tweet It’s official: @Macys has partnered with @guildeducation to provide a debt-free education benefit program to its employees, covering 100% of tuition, books and fees for a wide range of #upskilling options.
Tweet [email protected] will be investing $35 million over the next 4 years in it’s new #upskilling initiative! Included is an industry-leading tuition benefits program and raising the company-wide minimum rate to $15/hour. @guildeducation
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UpSkill America is an employer-led movement that promotes training and advancement practices to help workers progress in their careers and move into better-paying jobs. UpSkill America is an initiative of the Economic Opportunities Program.
The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. Follow us on social media and join our mailing list to stay up-to-date on publications, blog posts, events, and other announcements.