Walmart Offers College Subsidy So U.S. Workers Pay $1 a Day
- Retailer will also subsidize books and help with applications
- Workers need to contribute the equivalent of $1 a day
Walmart Offers Employees College Tuition
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Walmart Inc. will fund college degrees for its U.S. workforce, the latest benefit rolled out by the nation’s largest private employer to reduce turnover and counter criticism over its treatment of staff.
The retailer’s 1.5 million employees can now pursue associate’s or bachelor’s degrees in business or supply-chain management at three nonprofit schools for $1 a day, according to a statement Wednesday. Walmart will subsidize tuition, books and fees and provide support with the application and enrollment processes. As many as 68,000 employees might sign up, Walmart executives estimated.