Home News Walmart to Make Degree Program Free for Employees

Walmart to Make Degree Program Free for Employees

Walmart to Make Degree Program Free for Employees

News Brief:

  • Walmart will drop the $1-a-day fee for its Guild Education employee learning program, opting to pay 100% of the cost for its workers starting Aug. 16, the company announced Tuesday.
  • The company attributed the new policy to changes in the economy and job market, noting that employees who enroll in the learning program “take important steps toward creating a long-term career within the Walmart ecosystem.”
  • Walmart will also add new offerings to the program, including degrees and certificates in business administration, supply chain, and cybersecurity, and new partners, including Johnson & Wales University, the University of Arizona, the University of Denver, and Pathstream.

The pandemic unveiled new challenges for organizations, including how they develop their people. Now it’s time to discard the old approach to learning & development and embrace agility.

Prior to the pandemic, employers began to invest more in employee development in part to retain workers in a worker-friendly market. Experts noted that the cost of not training employees could actually be higher in the long run, particularly if the training offered directly improves worker performance. But even during the pandemic, employee training investment largely kept up, according to a study by the U.S. Chamber of Commerce and the Society for Human Resource Management.

Guild Education, Walmart’s partner in the creation of Live Better U, saw continued expansion during the pandemic, as well — a reflection of ongoing interest in engaging employees via degree and certification programming. In April, the company announced a partnership with Waste Management, while in June it revealed the formation of an advisory board to “help drive insights to the future of work.”

But even outside employee degree programs, employers have been investing in ways to train up employees amid turbulent times. On top of Live Better U updates, Walmart invested in cross-training associates during the pandemic to both broaden individual employee skill sets and improve scheduling flexibility.

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...