Walmart will pay full college tuition for all of its employees
Walmart, the nation's largest private employer, announced that it will pay college tuition and textbooks in the institution's group for its part-time and full-time employees. The edition told in more detail USA Today.
The company issued a press release stating that the move means that approximately 1,5 million Walmart and Sam's Club employees "will be able to graduate or acquire important skills without the burden of education debt."
“We are creating an opportunity for our employees to develop their careers at Walmart so that they can continue to build better lives for themselves and their families,” said Lorraine Stomsky, senior vice president of Learning and Leadership at Walmart, in a statement.
“This is another way to support our employees in pursuing their goals, while removing barriers that too often prevent adult workers from learning,” Stomsky added.
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The company also announced that it is removing the $ 1 daily fee for employees to participate in its Live Better U program, which offers access to degree programs or other training.
The program includes 10 academic partners for Walmart and Sam's Club employees, including Johnson and Wales University, University of Arizona, University of Denver and others. Participants in the program must continue to work part-time or full-time.
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Walmart is also adding additional certification and degree opportunities such as business administration and cybersecurity.
The move is prompted by many companies saying they are struggling to find and retain employees. Experts say some American workers have not returned to work due to the ongoing COVID-19 pandemic for many reasons, including concerns about infection, childcare and more.
Walmart has raised wages to 425 workers this year. The minimum wage is $ 000 per hour.
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