Employee benefits are about more than just healthcare coverage and paid time off. Many companies are providing perks that support employees through financial hardships and career development. Here are five companies that offer tuition reimbursement so workers can further their education in preparation for taking the next steps in their careers.
Companies That Offer Tuition Reimbursement
- SecturaSOFT
- The Home Depot
- Oracle
- Intuit
- SoFi
- Pluralsight
Companies That Offer Tuition Reimbursement
Industry: Software
Headquarters: Cincinnati, Ohio
In the construction industry, bidding and estimating can be protracted. SecturaSOFT makes software for commercial builders that brings speed and simplicity to the quoting process. As part of its benefits package, the company offers tuition reimbursement: up to $5,250 per year, with a lifetime cap of $20,000 for all full-time employees.
Industry: Retail
Headquarters: Atlanta, Georgia
Retail giant The Home Depot provides employees tuition reimbursement options, tuition savings at certain colleges and access to financial advisors to help them plan for their education. Each year, the company covers up to 50 percent of tuition, books and fees. These reimbursements are capped at $5,000 for salaried employees, $3,000 for full-time hourly workers and $1,500 for part-time hourly staffers. Courses taken in pursuit of an associate’s, bachelor’s, master’s or doctoral degree or another academic certificate are eligible for the reimbursement program.
Industries: IT services and consulting, cloud computing
Headquarters: Austin, Texas
One employee benefit offered by cloud technology company Oracle is aimed at helping staffers cover the cost of learning and career development. Employees can receive up to $5,250 a year in tuition reimbursement for programs that have been approved by management.
Industry: Fintech
Headquarters: Mountain View, California
Intuit serves individuals, small businesses and accountants with a portfolio of financial products that encompasses popular brands like Credit Karma and TurboTax. Its benefits focused on employees’ financial well-being include tuition assistance, help with lowering student loan debt and coaching on college admissions and financial aid. Full-time employees are eligible for up to $5,250 in annual tuition reimbursement and part-time employees can receive as much as $2,625 in yearly tuition reimbursement. That assistance covers coursework related to an employee’s current job or the overall trajectory of their career at Intuit.
Industry: Fintech
Headquarters: San Francisco, California
SoFi is a fintech company delivering products and services with the goal of helping customers reach financial security and independence. That mission extends to its employees as well. SoFi gives employees $200 a month to pay off student loans and provides up to $5,250 a year to cover tuition costs for approved programs.
Industry: Software development
Headquarters: Draper, Utah
Pluralsight’s products and solutions enable skills development and workflow optimization. The company’s benefits include offerings that help its employees advance their skills and education. U.S. employees that take approved college classes, for example, are eligible for tuition reimbursements of up to $1,500 per semester or $3,000 annually.