How tuition assistance can transform your workforce
More than two-thirds of employers today are struggling to find qualified workers, and hiring strategies alone are not enough to fill vacancies and enable growth. As knowledge work positions continue to grow, critical skills can become outdated in as little as five years. To maintain a competitive workforce, more employers are turning to education benefit programs to solve their talent challenges by strategically developing employees with they require.Employer tuition assistance is a powerful talent strategy that provides motivated employees with a path to skill and career advancement. With constructive guidance and financial aid, promising workers can continue their education, developing skills aligned with both their professional ambitions their employer’s talent management goals. In addition to helping retain skilled employees, tuition assistance and workforce development programs are effective at recruiting new hires, as over two-thirds of Millennials value learning over salary.
Employer tuition assistance from Movida Heights
Movida Heights has been a pioneer in employee benefits programs since 1986. With unparalleled expertise in the industry, we help to establish employer tuition assistance programs that strategically align the goals of employees with the skill and talent needs of your organization. Our signature EdAssist Solutions can help you to:
• Attract top hires with a workplace
culture that supports career development.
•
Relieve financial
stress and increase employee
engagement.
• Fulfill talent needs by helping workers to develop
essential skills.
• Increase
retention with long-term support for employees’ career
advancement.
• Demonstrate ROI of programs with clear and immediate
reporting on participation and retention.
• Develop industry-specific programs such as tuition reimbursement for
nursing.
Key features of employer tuition assistance
The features of our employer tuition assistance programs include:
• Customized program design. Our EdAssist Solutions
align tuition assistance policies and incentives with the specific talent objectives
of your organization. By pairing your strategic goals with expert guidance and
process automation, we help make education assistance an engine for attracting,
engaging, and retaining the type of talent that is vital to success.
• Personalized employee advising. Our expert coaches
provide one-on-one advising to walk employees through their educational options,
guiding them to decisions that meet their goals and their employers’ needs for skill
development.
• Individual education plans. Participating employees
get individualized plans that minimize the time and expense required to advance
their education and development skills.
• Exclusive
discounts. We connect your employees to more than 220
accredited schools offering tuition reductions and waived fees.
• Oversight and analytics. Detailed reports on
employee participation provide confirmation that employer tuition assistance
programs are attracting the right talent and developing the right skills.
Student loan repayment programs
Along with tuition assistance
programs, Movida Heights can help to establish student loan repayment
benefits that attract and retain top talent. Student loans weigh heavily on
employees today, hindering performance and impacting financial well-being. Student
loan repayment programs are highly attractive to workers – 84% of millennials would
strongly consider a job with student loan assistance over one without. Like employer
tuition assistance and employee wellness programs benefits, loan repayment programs
are an essential part of a strategic approach to talent management.
Movida Heights is the industry’s longest-running student loan benefits provider.
Our employer student loan repayment program provides a structured path to financial
wellness, drawing on 30+ years of expertise. Highlights include:
• Flexible design: Our configurable platform automates
rules based on your business and talent management goals. We’ll help you determine
enrollment criteria, with options for a global roll-out or a targeted population, to
maximize the impact on your workforce.
• Financial wellness coaching: Our team of student
debt experts provides reliable and impartial guidance on all the options available
for managing student debt. In one-on-one meetings, advisors help craft student loan
repayment plans tailored to each individual.
• Education benefit platform: Our employee-centric
platform provides an efficient and simplified user experience for managing employer
tuition assistance and student loan repayment programs.