NEW YORK (AP) – Walmart is offering its employees a new perk: affordable access to a college degree.
America’s largest private employer, which in the past has helped its workers
get their high school or equivalency degree, hopes the new benefit will help it
recruit and retain higher quality entry-level employees in a tight U.S. labor
market.
The company is teaming up with Denver-based startup Guild Education to offer
employees the chance to obtain a bachelor’s degree in business or supply-chain
management.
It will cost a dollar a day at one of three non-profit universities with
online programs that have had success working with adult learners: the
University of Florida, Brandman University and Bellevue University. It plans to
eventually expand to more types of degrees.
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