APA Center for Organizational Excellence: Abstract Detail: The best perk you can offer employees in 2019 might be learning stipends

Resources for Employers

Articles & Research Abstracts

Complete Reference

Title

The best perk you can offer employees in 2019 might be learning stipends

Available Online https://www.forbes.com/sites/kateharrison/2019/...
Publication Date February 26, 2019
Author Kate Harrison
Source Forbes
Source Type Blog
Summary

This article emphasizes the utility of learning stipends for employee retention in the current labor market. Data is presented that shows the benefit of professional development and continuing education learning stipends for attracting and retaining talent, especially younger workers. The article provides recommendations for capitalizing on learning stipends, including highlighting their availability in job postings, clearly communicating how employees can utilize their learning stipend, personalizing the stipend to employee goals, and embedding a learning mindset into the organization’s culture. The article concludes that learning stipends can give companies a major talent advantage, both externally and internally.

Keywords Learning stipends, talent recruitment, employee retention, productivity, professional development, continuing education
Reference

Harrison, K. (2019, February 26). The best perk you can offer employees in 2019 might be learning stipends. Forbes. Retrieved from https://www.forbes.com/

"Winning this award has validated the hard work all our staff put into their work every day. In an industry that has high staff burnout and turnover and is usually in the press for failing, Green Chimneys strives to change that paradigm. We celebrate our successes and learn from our failures."

Joseph A. Whalen
Executive Director
Green Chimneys