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How Does Walmart Benefit From Offering Education Assistance For Employees?
In the 1990s, McDonald’s used to tag their golden arches signs with “99 billion served” — which is a big number, but they’ve also got impressive numbers behind the counter as well. They say they’ve graduated over 275,000 employees from their business college Hamburger University.
But a corporation’s internal business school is not news today. Supporting — even paying — employees to get a college degree at an external school is. We see that right here in Arizona where Starbucks partners with ASU. Now, Walmart is making headlines offering business or supply-chain management degrees at three universities online.
We know what the employees are getting out of this, but what kind of return on investment do the retailers expect?
Corinne Ruff, reporter for Retail Dive, explained on The Show.