5 companies offering tuition reimbursement
Whether someone with a Bachelor’s degree chooses to pursue an advanced degree or whether someone pursues a degree at all is a deeply personal decision, usually linked to their financial situation.
After four years (or more) of college, the idea of taking out even more student loans to finance the quest for a Master’s degree is decidedly unappealing. As for employees who got an entry-level job with a high school degree, they’ll sometimes find that advancement to a higher-level position is only possible if they have a Bachelor’s. If they want to try to earn an advanced degree, but the company they’re working for doesn’t offer tuition reimbursement, they have to work out for themselves how to pay their own tuition costs.
However, for those who work for companies that offer tuition reimbursement, this major obstacle to their goals is removed from consideration from the get-go. But why do some companies offer tuition reimbursement, and why would you want to work for such a company in Arizona?
Tuition Reimbursement Benefits Both Employees and Companies
Companies that offer tuition reimbursement and other professional development programs value the personal and professional growth of their employees. They understand that the development of their employees is not just personal — it benefits the entire organization. Employees with a newly-acquired degree have advanced skills that can improve products, services, and business processes. Therefore, companies that offer tuition reimbursement don’t want to take the chance that a highly-skilled worker will leave a company for an organization that offers tuition benefits.
Companies in Arizona That Offer Tuition Reimbursement
Arizona has several world-class educational institutions as well as many companies that offer tuition reimbursement. If you’re interested in pursuing an advanced degree while working, and are looking for companies with tuition reimbursement benefits, then it is safe to say that the following list of companies is for you!
Desert Financial Credit Union
Founded over 80 years ago by 15 educators, Desert Financial Credit Union is Arizona’s largest locally-based credit union. This company offers employees over 70 amazing work perks and benefits including, 100% undergraduate tuition coverage for full time employees through their InvestEd Program partnered with Arizona State University (ASU). Desert Financials’ generous tuition reimbursement not only covers bachelor’s degree programs, but also pays for professional courses and up to $10,500 for graduate programs each calendar year! Proud to be recognized as one of the Valley’s Best Places to Work, they strive to be an employer of choice. It is within their deep belief that their employees are the most important asset. Providing the resources and means necessary to achieve personal growth through continued education is one of the many ways, Desert Financial empowers their employees to create exceptional experiences every day that drives their financial success — and their ability to share it with YOU.
CarMax
When it comes to the used car industry, it’s hard to find another nationwide powerhouse on the level of CarMax. What job applicants might not know is that CarMax has many employee benefits, including an expectant mothers program and an employee stock purchase plan. For employees who want to further their education, CarMax also offers a tuition assistance program, where eligible full-time and part-time employees can receive reimbursement for tuition and school-related costs.
GoDaddy
Based in Tempe, GoDaddy is one of the internet economy’s heaviest hitters, with tens of millions of customers and thousands of employees spread around the world. When people want to launch their own websites, GoDaddy is consistently at the top of the list of web hosting services under consideration. On the back end, their employee benefits are a big draw for applicants, and included in these are tuition reimbursement jobs benefits. The GD Reimbursement Fund reimburses tuition costs for employees who earn B’s or higher in their courses. This program allows employees to grow in their career and individual education path.
GoDaddy employee, Raisa, used the GD Reimbursement Fund and said this about the experience, ”At GoDaddy, I’m more than just a number. I feel appreciated for my unique skills, and I have been given countless opportunities to continue building my career, supporting online entrepreneurs to become successful themselves.”
GoDaddy also has their “GROW Program”, an internal career development program dedicated to high-performing Care and Services employees, providing opportunities to grow and apply their skills in other areas of the business.
Employees are able to expand their horizons and explore their interests in a specific GoDaddy function outside of their current role in Care and Services, while being supported by mentors, teammates, and a manager dedicated to their learning and success. GoDaddy wants the best working environment for them, and they value tuition support as a form of professional development.
Voya Financial
After you’re hired by Voya Financial, a company dedicated to helping Americans reach their retirement goals, you enter a work ecosystem and culture organized around keeping those who work for them happy. Voya offers several career development programs, including a tuition reimbursement program for those who want to continue their education; this can be used both to develop competencies for a current position, or also competencies for Voya’s future business needs. Voya also offers leadership development programs for managers, and mentoring for employees regardless of position, experience, or location. In August, Voya is also launching a program to help eligible employees repay student loans, helping to reduce debt and further encourage retirement savings.
Farmers Insurance
The Farmers Insurance® Tuition Assistance Program can help eligible employees be reimbursed for up to $5,250 per year for expenses when pursuing a college degree. Farmers® is looking to hire in Phoenix, and with their history of supporting employees through education programs and comprehensive benefit offerings, we recommend Farmers as an excellent organization to work for.
How To Find Companies That Offer Tuition Reimbursement
When hiring for open positions, most companies expect employees to have a certain level of education. For some, a high school degree will suffice; for others, a university degree is needed. The level of education a company expects new hires to have depends on many factors, including the experience or job skills required.
Sadly, not every company can offer tuition assistance to employees or even wants to offer them, expecting employees to already have a suitable education level. If you’re not looking for another degree, this works well for you.
However, if you’re looking to advance your career in Arizona while continuing your education, you need to be looking for jobs with companies that offer tuition reimbursement programs. The amount of tuition reimbursement jobs benefits companies might offer will vary from business to business. With the help of BestCompaniesAZ, you can find the best tuition reimbursement jobs throughout Arizona. BestCompaniesAZ can help connect you with the top companies that offer tuition reimbursement, so get in touch as soon as you can!