Benefits That Really Work

Why Education-as-a-Strategy?

In today’s business climate, there’s no greater reward than securing your workforce’s future through meaningful, relevant education opportunities. By offering employees a means to get the development they need to support the career they desire, the potential benefits are many and measurable.

Accelerated Pathways Benefits Overview

  • Improve employee skill sets with future-focused, career-applicable education
  • Reduce turnover and absenteeism
  • Reduce last-minute schedule and shift changes
  • Deliver new skills to roles impacted by technology and automation
  • Minimize speed-to-competency for roles affected by worker retirement
  • Boost productivity, morale and brand loyalty
  • Encourage efficiency and profit gains
  • Increase employee engagement
  • Increase talent pipeline
  • Improve Net Promoter Score
  • Increase employer brand value
  • Enhance corporate sustainability practices

Your Employees Can Propel Your Business Forward.

Employees aren’t leaving because of office pinball machines or free lunches. They’re leaving because they want more out of their workplace. Education assistance programs can generate as much as $2.29 for every dollar spent on education, according to the Lumina Foundation. That’s because education benefits are a proven to deliver a positive return in employee performance by creating new development and growth opportunities. Let us show you how.

  • Improve Recruitment and Retention

    Many organizations categorize frontline employees as high-turnover candidates they shouldn’t invest in. Providing the right educational attainment opportunities may be the best way to recruit and retain frontline employees.

    According to a Gallup poll, workers are "most likely to change jobs for benefits and perks closely related to their quality of life [and] ... are interested in jobs that offer them a way to balance work and home better, gain a deeper sense of autonomy and secure their financial future."

  • Cost Savings

    In many industries, replacing a robust frontline workforce is an enormous expense due to high levels of turnover, some averaging over 100% annually. “Among positions earning $30,000 a year or less, which includes more than half of all U.S. workers, the cost of replacing an employee is almost equal to those positions earning less than $75,000 annually.” Investing in the right education programs can increase retention, saving an organization on the cost of turnover.

    *Source: Heather Boushey and Sarah Jane Glynn, “There Are Significant Business Costs to Replacing Employees,” Center for American Progress.

  • Increase Loyalty

    Forward-thinking organizations deploy strategies to develop their employees by training them not only for their current roles, but also for the jobs and careers they want in the future. By connecting employees with relevant educational opportunities, employers are building clear competitive advantages in employee engagement and loyalty.

  • Increase Engagement

    Companies that have analyzed the return on investment for education programs have seen significant returns, including experiencing workers who stay twice as long with the employer as a result of their education benefits.

    Without clear purpose and opportunity, some of your best employees can disengage. "Actively disengaged employees cost the U.S. $483 billion to $605 billion each in lost productivity. These workers are more likely to steal from their company, negatively influence their colleagues, skip work, and drive customers away," according to Gallup.

    *Source: Susan Sorenson and Keri Garman, “How to Tackle U.S. Employees’ Stagnating Engagement,” Gallup. http://www.gallup.com/businessjournal/162953/tackle-employees-stagnating-engagement.aspx

  • Future-Proofed Workforce

    Providing educational attainment opportunities addresses current skills gaps while improving talent management pipelines and processes from attraction to advancement. It helps deepen development discussions between employees and managers and sets the stage for lifelong learning opportunities within an organization.