Education benefits are employee perks that help you enrich or learn new skills.
They may also help you go back to school to earn your degree, GED, or in rare cases, assist you with paying back your student loans. The goal of any education benefits program is to improve the organization’s overall skill set, which boosts productivity and autonomy. It can also help attract top talent for open positions.
Education benefits aren’t uncommon, especially for larger organizations. According to the International Foundation of Employee Benefit Plans, more than 92% of the organizations that responded to their survey offered an educational benefit.
Check with your Human Resources department to see if any of these common types of education benefits are offered at your company:
- Tuition assistance/reimbursement
- In-house training seminars
- Attendance at educational conferences
- Continuing education courses
- Coverage for licensing courses and exams
- Personal development courses
- 529 college savings plans