The coffee chain plans to launch a new program on Monday that will pay for its employees to attend online college classes at Arizona State University.
” I believe it will lower attrition, it’ll increase performance, it’ll attract and retain better people I believe it will lower attrition, it’ll increase performance, it’ll attract and retain better people,” Starbucks CEO Howard D. Schultz told the New York Times
The program will be available to any of Starbucks 135,000 U.S. employees who work at least 20 hours per week and have the test scores needed to gain admission to the university. Those with at least two years of college credits will have their tuition fully paid by Starbucks. However, the program will only partially pay for workers with less than two years of college credits.
Chosen excerpts by Job Market Monitor. Read the whole story at Starbucks Plans to Send Its Employees to College for Free.