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✓ Published: 10-May-2024
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As corporate America evolves to meet the changing needs of the modern workforce, employee education benefits have emerged as a critical element in attracting and retaining top talent. Alongside traditional benefits such as health care and retirement plans, education benefits are increasingly recognized as essential for addressing the priorities of both candidates and current employees. One reason for this is simple - college can be expensive. According to a recent study although 75% of Americans recognize the value of obtaining a bachelor's degree, over half (56%) of individuals who have never enrolled or were previously enrolled cite cost as a significant deterrent to pursuing or reenrolling in postsecondary education. The goal of corporate education benefits is to provide employees with various avenues for professional growth and development while alleviating the financial burden associated with higher education. For employers, offering education benefits also has its benefits, as companies that offer education programs to their employees also stand to gain on several fronts: Retention and Talent Advancement: Investing in employee education fosters loyalty, engagement and encourages career advancement, leading to higher education rates. Reduced Acquisition Costs: By nurturing existing talent, businesses can reduce the need for frequent recruitment and onboarding, thereby cutting down on acquisition costs. Attraction of Top Talent: Competitive education benefits can serve as a powerful recruitment tool, attracting high-caliber candidates who prioritize continuous learning and personal development. A Leading Example: Starbucks College Achievement Plan (SCAP). Starbucks was among the first to offer tuition assistance in 2014 with the Starbucks College Achievement Plan (SCAP), a first of its kind partnership with Arizona State University (ASU). This program creates an opportunity for all eligible U.S. partners (employees) to earn their first-time bachelor's degree through ASU's top-ranked online degree program. Ten years later, Starbucks has celebrated its largest class of SCAP graduates, marking a decade of transformative impact through a pioneering tuition assistance initiative. How does it work? Upfront tuition coverage for online degrees with no strings attached: Unlike many programs that cap tuition benefits, SCAP offers full tuition coverage, all upfront. And there is no commitment to stay with the company after graduation. High-quality education: Partners enrolled in SCAP benefit from ASU's top-ranked online degree program with over 150 undergraduate degree programs to choose from ensuring access to the same caliber of education as on-campus students. Pathway to Admission: Starbucks and ASU provide an admissions pathway for partners who do not initially qualify for enrollment. Through Pathway to Admission, eligible partners can take up to 10 college-level courses to earn their admission into the university, with credit conversion costs fully covered. To date, the SCAP program has helped more than 13,000 partners earn their degree. And, according to data from The Burning Glass Institute, approximately 75% of SCAP participants have experienced significant career growth post-graduation. But to Starbucks, SCAP represents just one facet of the diverse landscape of education benefits available to employees. In 2022, the company also rolled out a student loan management tool as part of a financial well-being push. Through Tuition.io, employees have access to tools, resources and individual coaching to manage student loan debt, such as repayment options and loan refinancing. Success stories like Starbucks and others serve as compelling evidence of the tangible benefits of investing in employee education. Beyond immediate career advancement, these initiatives lay the groundwork for sustained growth, both for individuals and the companies that support them. For more information on the Starbucks SCAP program, go to https://www.starbucks.com/careers/working-at-starbucks/education/.
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Stay updated with the latest developments and insights as Phase 3 of the Lok Sabha Election unfolds. Join Oneindia News for comprehensive LIVE coverage, ground reports, and expert discussions on May 7th, 8AM onwards. <br/> <br/> <br/>#LokSabhaElections #LSElections2024 #LokSabhaElections2024 #Elections2024 #LokSabhaElectionsPhase3 #Phase3LiveCoverage #UttarPradesh #UttarPradeshElections #Oneindia<br/>~HT.178~PR.282~GR.121~
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CM YS Jagan approached the CBI court today as the election polling in AP is approaching. In view of the completion of polling in AP on May 13, Jagan, who has planned what to do after that, approached the CBI court to give permission to that extent. <br/>ఏపీలో ఎన్నికల పోలింగ్ సమీపిస్తున్న వేళ సీఎం వైఎస్ జగన్ ఇవాళ సీబీఐ కోర్టును ఆశ్రయించారు. మే 13న ఏపీలో పోలింగ్ పూర్తి కానున్న నేపథ్యంలో ఆ తర్వాత ఏం చేయాలో ప్లాన్ చేసుకున్న జగన్ ఆ మేరకు అనుమతి ఇవ్వాలని సీబీఐ కోర్టును ఆశ్రయించారు.<br/> <br/><br/>~VR.238~CA.240~ED.234~HT.286~
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The Tobago Agribusiness Development Company Limited (TADCO) is attempting to set the record straight, with respect to alleged spoilage of goods from farmers in Tobago. Elizabeth Williams toured the facility on Friday.
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With the all-new Mercedes-Benz G 580 with EQ Technology, the brand with the three-pointed star presents the first fully electric variant of its off-road icon. It symbolises the fusion of tradition and progress like no other. The all-new electric G-Class remains true to the model’s character, retaining its angular silhouette including all iconic elements. Like the conventionally powered variants, its body is built on a ladder frame. The development team has modified and reinforced this to integrate the electric drive. Also retained is the combination of independent front suspension with double wishbones and newly developed rigid rear axle. The high-voltage lithium-ion battery integrated into the ladder frame ensures a low centre of gravity. With its usable capacity of 116 kWh, it provides sufficient energy for ranges of up to 473 kilometres according to WLTP.<br/>The four individually controlled electric motors located near the wheels develop a maximum total output of 432 kW. Together with the selectable LOW RANGE off-road gear reduction, they enable unique driving characteristics and exclusive functions. This allows G-TURN to turn the vehicle almost on the spot on loose or unpaved surfaces. The G-STEERING function can deliver a significantly smaller turning circle when driving off-road. The three-speed intelligent off-road crawl function is like cruise control for off-roading – maintaining optimum propulsion while the driver focuses on navigating the terrain.<br/>Like the tried-and-tested variants, the all-new Mercedes-Benz G 580 with EQ Technology has a gradeability of up to 100% on suitable surfaces. The vehicle remains stable on sideways slopes of up to 35 degrees. With a maximum fording depth of 850 millimetres, the electric G‑Class outperforms its conventionally powered counterparts by 150 millimetres. The LOW RANGE off-road gearing increases propulsion with a special reduction ratio. The all-new model generates the function of conventional differential locks virtually using intelligent torque vectoring. G-ROAR brings a unique sound experience to the all-new electric G-Class. In addition to a characteristic, G-Class-specific driving sound, it includes one “aura” sound and a variety of “event” sounds.
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Hundreds of residents are lobbying against a housing proposal they say could threaten a koala habitat west of Brisbane. The Spring-View development has been approved by Ipswich council and would see nearly two-thousand homes constructed.
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Novavax has signed a multi-billion dollar deal with French drugmaker Sanofi to co-commercialize Novavax's protein-based COVID-19 vaccine starting in 2025. Sanofi will pay Novavax an upfront payment of $500 million and up to $700 million in additional payments based on development, regulatory, and launch milestones. Sanofi will also take a less than 5% equity stake in Novavax and provide royalty payments on future vaccine sales. The deal allows Sanofi to develop combination shots using Novavax's COVID vaccine with Sanofi's flu shot or other vaccines in its portfolio.
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The Consumer Financial Protection Bureau introduced a new rule that would cap credit card late fees at $8, down from the typical $32 currently charged by most banks. This is estimated to save Americans $10 billion annually in late fees. The credit card industry, led by the US Chamber of Commerce, sued the CFPB in federal court to block this new rule from taking effect. A judge in Texas is expected to decide whether to grant an injunction requested by the industry that would freeze the new rule until the legal issues are resolved. Analysts expect the industry lawsuit will likely be successful, as Texas courts are viewed as favorable to corporations.
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