Some companies provide tuition reimbursement programs to encourage employees to take classes to improve their knowledge and skills related to their careers.
What is a tuition reimbursement program?
It is also known as tuition assistance and is an employee benefit through which an employer pays them a percentage or flat amount of tuition and other education expenses per year for taking a degree or study program while employed with your company.
Generally, the employee covers all the costs of his study program, and when the semester ends, he requests reimbursement from the company through a form. Employees have to meet the program requirements to the company can pay for tuition reimbursement.
Each company has its requirements and establishes how much it will cover for its studies. One of these requirements is that the studies the employee takes are related to the functions he performs in the company.
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