– By Pushpa Sathish, Staff Writer
There are five frogs sitting on a log. If four decide to jump into the pond, how many are left? The answer is not a simple one as you may have guessed. In fact, there is no definite answer to this question, because the query itself is ambiguous. We are only told that four frogs “decide” to jump; there is no mention of how many actually did so!
Confused? Don’t be. What I’m trying to get across here is that deciding to do something and actually doing it are two entirely different things. Remember your New Year resolutions? Exactly the point I’m trying to make.
So too with the pursuit of an online education. You may yearn to earn a degree, even decide to do so; but the actual act is affected by a number of factors like the time you have to spare, your finances, and your aptitude for the course in question.
If you work at a large or medium organization, at least one of those impediments – the cost aspect – should be resolved amicably. At least 80 percent of all medium and large firms offer compensation for further training or a degree earned while on the company’s payroll, according to Peter Cappelli, director of the Center for Human Resources at the University of Pennsylvania. Research by HR firm Hewitt Associates pegs the amount reimbursed between $400 and $25,000. But the most astonishing fact that emerges from these studies and research? That only 3 percent of employees take advantage of this offer!
Companies are in favor of employees getting extra training simply because it helps in retaining their services for a longer time. Workers who are offered tuition assistance generally tend to be more loyal to their employers as they feel a moral obligation towards them. Another compelling reason for employers is the fact that “Smarter employees make better products,” according to Paul Jackson, spokesman for United Technologies, Connecticut (UTC).
From the point of view of employees, the benefits are more than obvious – promotions, higher pay, better opportunities in the job market, and for employees at UTC, an option worth $10,000 in company stock for an advanced degree and one worth $5,000 for an associate’s degree!
Isn’t that reason enough to go back to school?