It's tough (at least in my experience) to get good data on tuition assistance benefits; many of the larger employee benefits surveys don't cover it. With this in mind, I thought I'd point you to a recent survey on tuition reimbursement practices, representing the responses of about 1,100 employers, conducted by BLR.
Tuition benefits appear to be on the rise. BLR finds that 85% of participating employers report offering tuition assistance to their employees, up significantly from the 52% who reported having such a plan in their 2007 survey.
A few select findings and items from the survey:
-Most (77%) employers have a "length of service" minimum required for tuition assistance eligibility; the most prevalent minimum is "one year or more".
-Most (76%) require that courses taken be job related.
-Nearly all (95%) cover graduate level courses.
-Slightly over half (56%) cover professional certification courses.
-For just over half (57%), reimbursement includes amounts for books and supplies.
-For the vast majority (91%), tuition reimbursement is grade dependent.
-Percent of tuition that is reimbursed-
Less than 50% - 8%
At least 50% but less than 75% - 9%
At least 75% but less than 85% - 9%
At least 85% but less than 100% - 3%
100% - 44%
Percent depends on grade earned - 26%
-Maximum tuition reimbursement offered per year-
Less than $1,000 - 6%
At least $1,000 but less than $2,000 - 19%
At least $2,000 but less than $3,000 - 14%
At least $3,000 but not unlimited - 30%
Reimbursement capped only by IRS deductibility - 24%
Dollar limit depends on grade earned - 6%
Click through to see all survey results and participant demographics.
Image: Creative Commons Photo "Stack of College Books" by Jayel Aheram
*Perhaps you should go on a tour.
Posted by: christian louboutin shoes | November 15, 2010 at 12:28 AM