Most Companies Pay for Employee Tuition, Professional Development

Helps attract top performers and increases retention

Ninety-four percent of senior executives interviewed said their firms offer tuition benefits for their employees, according to a recent study conducted by Accountemps. Ninety-five percent of respondents said their companies also reimburse for other forms of professional development.

"Providing educational and professional development opportunities helps companies attract top performers, maximize productivity and boost retention efforts," said Max Messmer, chairman of Accountemps and author of Human Resources Kit For Dummies. "Employees who take full advantage of the resources available for learning remain intellectually challenged and increase their ability to take on greater responsibility at work."

Messmer noted that technical skills aren't the only ones that professionals should seek to acquire. "Interpersonal skills are vital as the workplace becomes increasingly collaborative," he said. "Classes that offer instruction on how to communicate more effectively can be especially useful for career advancement."

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