There is no question that a college degree is a vital asset in today’s job market. According to the National Center for Education Statistics, adults aged 25-29 with a college degree have increased from 19 percent in 1990 to 34 percent in 2013. As businesses compete for the best and brightest employees, encouraging your employees to pursue higher education is more important than ever. Here are five reasons why companies should support their employees’ educational endeavors.
More Versatile And Marketable Employees
Successful CEO Dennis Bonnen knows how important it is to have a degree in today’s job market. A bachelor’s degree is now the new standard for entry-level jobs, and many employers are looking for candidates with advanced degrees. Pursuing higher education will make you more versatile and marketable as an employee. With a degree, you’ll have the skills and knowledge to adapt to changing industries and technologies.
You’ll also be able to compete for positions that require a higher level of qualifications. In addition, higher education will allow you to develop strong critical thinking and problem-solving skills. These skills are essential in any field and often set successful employees apart from the rest. By pursuing higher education, you’ll make yourself more employable and give yourself a leg up in the job market.
More Engaged And Productive Employees
There are many reasons why employees who pursue higher education are usually more engaged and productive in the workplace. One reason is that these employees tend to have higher self-esteem and confidence levels. They feel more comfortable taking on new challenges and responsibilities with a better understanding of their abilities. They are also more likely to take the initiative and develop creative solutions to problems.
In addition, employees who have pursued higher education typically have better communication skills. They can better express their ideas and share their knowledge with others. As a result, they are often more effective team members and leaders. Finally, employees who have pursued higher education often have a more significant commitment to their careers. They are less likely to feel like they are just going through the motions and are more likely to be passionate about their work. This dedication often leads to increased productivity and engagement in the workplace.
Businesses Can Offer Financial Assistance
One of the main reasons why employees don’t pursue higher education is because of the cost. According to The College Board, the average cost of tuition and fees for a four-year degree at a public university is $20,090. For a private university, it’s even higher at $46,950.
However, many businesses are now offering tuition reimbursement or other financial assistance to help employees cover higher education costs. In fact, according to The Chronicle of Higher Education, 57 percent of employers offer some form of tuition assistance. By providing financial assistance, businesses can encourage more employees to pursue higher education and invest in their future.
Higher Education Can Help Employees Develop New Skills
Successful CEO Dennis Bonnen believes that businesses should encourage employees to pursue higher education because it can help them develop new skills and knowledge, which in turn allows employees to learn about new subjects, theories, and concepts. They can also develop strong research and writing skills.
In addition, higher education provides the opportunity to learn about different cultures and perspectives. As a result, employees who have pursued higher education are often more open-minded and tolerant of others. By encouraging your employees to pursue higher education, you’ll help them develop the skills and knowledge they need to be successful in their careers.
It’s An Investment In Oneself
Finally, it’s important to remember that pursuing a higher degree is an investment in oneself. It’s an investment that can lead to career growth and advancement. With a higher degree, employees can earn a higher salary and attain positions of greater responsibility. Pursuing higher education is also an excellent way to develop new skills and knowledge. Investing in oneself makes employees more likely to be successful in their careers.
Final Thoughts
Encouraging your employees to pursue higher education can benefit your business in many ways. Higher education can help employees be more marketable and versatile, more engaged and productive in the workplace, and develop new skills and knowledge. In addition, businesses can offer tuition reimbursement or other financial assistance to employees who wish to pursue higher education. Finally, pursuing a higher degree is an investment in oneself, leading to career growth and advancement. By encouraging your employees to pursue higher education, you’ll be investing in the future of your business.
About Post Author
