The company has had a very profitable year and as a result, the company and the managers have planned to increase the benefits and compensation of the employees. In the initial stage, the benefits and compensation department of the company has decided to include a tuition reimbursement for the bachelor's degree in communication and business that the employees of the company are pursuing presently, or will be pursuing in the future. There are many benefits that including this benefit in the polices of the compensation and benefits department of the company will bring to the company. This report aims at providing an overview of the benefits that this will bring to the environment of the company, to the employees and the overall image and standard of the company. Including such benefits in the compensation and benefits of the company will yield many positive benefits for the company and will help in improving the current scenario of the company and will also help in bringing in more profits in the coming years. Therefore, it is advised and proposed that such a change is introduced in the company as soon as possible to make sure that the coming years bring in more profits for the company. This can be achieved by making use of the skills, abilities, talent and education of the employees who are the real partners of the company in the good and bad times that the company experiences.
Discussion
Introducing the policy of reimbursing the tuition fee for the employee who are currently pursuing or will be pursuing their bachelor's degree in business and communication will yield a number of benefit for the employees in particular and the for the company in general. The report will look into the many opportunities, as well as, the benefits that the company will have if this policy is implemented in the company.
New Professional Opportunities
Introducing and implementing the policy of reimbursement of the tuition fee will provide the employees of the company with many new professional opportunities. If this policy is implemented, the employees will have an access to many different professional and personal opportunities that will help them in building their professional life and their careers. The problem of introducing new people in the organization and then training them to meet the needs of the company and make them accustomed to the company can also be minimized using this. The employees will be attracted in pursuing their studies further and make them more competent in the world of corporations. This will also make their cases more strong in the company. This can help them in making better decisions for the company making use of the knowledge and skills that they will learn from the courses that they will study in their degree programs. This will also be helpful in making the communication in the company stronger and more positive that will b helpful in making the environment of the company positive and better (Kwon & Hein, ...