Walmart is now making it cheaper for their employees to get through college. America’s biggest private employer says this new benefit is to help attract higher level employees.
“Wally World” is partnering with Denver-based startup Guild Education to help employees achieve a bachelor’s degree in business or supply-chain management. This will allow people take online courses at one of three nonprofit universities: the University of Florida, Brandman University and Bellevue University. It will only cost student workers a dollar a day.
This program will be available to both full time and part time workers who have been employed for at least 90 days. According to Julie Murphy, executive Vice President of Wal-Mart in Bentonville, Ak, approximately 68,000 out of 1.4 million of their workers are projected to enroll in the first five years.
This motion puts Way-Mart in the echelon with Starbucks, which offers four years of tuition for online degrees from Arizona State University.