Amazon to pay full cost of all college tuition, fees and textbooks for U.S. hourly employees

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Amazon says it will offer to pay 100% of college tuition for its 750,000 US hourly employees.

Amazon said Thursday it will offer to pay 100 percent of college tuition for its 750,000 U.S. hourly employees.

Starting in January 2022, Amazon said it will cover the cost of college tuition, fees and textbooks for hourly employees in its operations network after 90 days of employment. It will also begin covering high school diploma programs, GEDs and English as a second language certifications for employees. Operations workers include employees in Amazon’s sprawling network of warehouses and distribution centers.

Rival retailers, including Walmart and Target, have also beefed up their education benefits in recent months. Target in August rolled out a program that covers the cost of associate and undergraduate degrees at select schools. Walmart in July said it would pay 100 percent of college tuition and books costs for associates of Walmart and Sam’s Club.

Amazon CFO Brian Olsavsky told analysts and investors following the company’s second-quarter earnings report in July that the competitive labor market is leading to higher costs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I mean... It's a step. A small one but a step nonetheless.

This is a start. We need to educate this country to prevent future cults.

Lies. 5k IS NOT 100 percent

Bezos needs to pay his full share of taxes.

Ya'll better do some extensive research. Nothing is free, it has a cost!

Imagine the amount of Pro Quid Quo involved to get this through? I imagine money laundering is also high on this list.

Great fo Bazoss 👍 All major employers should follow

If only it was easier to work around a school schedule lol

The least they could do. Literally the least. 🙄

Trade Schools all the way. Don’t waste your time or money on these indoctrination centers

Wow

Is this before or after they start paying taxes?

Just great, work 12 hours a day and then go to college!!! Liars

cfarivar No time for school, no bathroom breaks, 95% AI firing employees to make yearly quotas

Just trying to make a tax loop hole

They should also pay off their employees student loans for those.who already have degrees.

Pay them a better wage. Stop giving them things that should be free to anyone anyway.

That's incredible. What's the catch?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The future of Amazon, Instacart, and Walmart e-commerce advertisingWhat are the tactics that amazon, Walmart, Instacart, and others are using to win more ad dollars? Find out on Sept. 16 at 12pm EST / 9am PST during a live virtual discussion hosted by Insider's senior reporter LaurenJohnson. Register now:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon is working on a POS system to take on Shopify, Square, PayPalBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. REALCULTNEWS $LSPD too Classic manipulation.shorters need it down? Manipulators want to buy cheaper? Just call up the media have them say $AMZN is looking to compete with whatever they do. LOL just happened w/ $ROKU. People will forget tomorrow. Thanks for cheaper shares FRAUDness insider.BTD $SQ $SHOP
Source: BusinessInsider - 🏆 729. / 51 Read more »