Nowadays, it’s common practice for employers to offer voluntary benefits that can impact their ability to attract and retain talent.
Experts in the field have begun to notice recent increases in education-related perks as a high-value benefit for employees.
By offering perks focused on education, companies position themselves as partners invested in the growth and development of employees and their families. Jeff Fallick, Managing Principal of OneDigital Northern California, examines the business case for these type of offerings in the article, “As Voluntary Benefits Become 'Must Haves,' Employers Focus on Education” by HRDive. He explains how investing in employees prompts them to remain with the employer longer decreasing turnover and creating long-term value.
Experts are seeing an increasing trend where employers are investing more time and resources in professional development for their employees. When employers say their employees are their number one asset, you have to invest in that asset.”
— Jeff Fallick, Managing Principal, OneDigital Northern California