Tuition Reimbursement Implementation Report - Essay Example

Since the program will enhance the employees retention, this alone will be a significant move for the business. The contemporary challenge that is facing most businesses perennially is the inability to retain the employees (Arthur, 2008). The business will no longer experience the tedious exercise of recruiting and doing orientation to the new employees who also needs a period of time to acclimatize to the environment during which the efficiency level is much dwindling. If the business can be able to retain the employees who have had experience in the daily running of the business, it will be a great move since the intermittent trend being realized by the workforce turnover will cease (Arthur, 2008).

An employee that is given the tuition reimbursement normally have and demonstrates the feeling of responsibility owed to the business to even do extra as a way of compensating for the program. The advantages of the program come in a cascading manner, business is a dynamic venture and requires constant ability to engage and cope with. Allowing the employees to acquire further skills and training will only be much advantageous to the business since they will now have to make critical contribution in the management and running of the business in the daily basis (Phillips, & Connell, 2010).

The era in which the management and decision making were a preserve of the top management body is long gone, the decision making today spiral from the employees upwards. This can only be possible if the employees are encouraged to advance in their academic life so as to enable them actively participates in their capacity effectively. Experienced, properly educated and relevantly trained employees is an essential recipe in success in the business, this is owing to the much dynamic and fluid status of the business panorama (Phillips, & Connell, 2010).

A business that does not put this into account will not only experience perennial departure of the employees but also risk retaining dinosaurs. This program will also open new avenues for the employees in the same business environment. This is because employees values the most any more that is mindful of there career growth and advancement. This program will also build the confidence on the employees that their employers values them and are much interested in their unique skills and will want to retain them in their current position to serve better rather than moving and scouting for the best next job available (Downey, March, & Berkman, 2007).

This move will settle the psychological part of the employees about moving and searching for the best job. In implementing the program, the business will also be in a position of ascending their employees for greater position from the existing pool of employees rather than sourcing from outside the business, at least the business will get top management employees from the experienced individuals already in the business. A classical example is when an employee has just completed his/her bachelors in human