STREAMING NOW: Watch Now

America's largest retailer will cover 100% of college tuition for its workers

America's largest retailer will cover 100% of college tuition for its workers

Posted: Jul 28, 2021 8:40 AM
Updated: Jul 28, 2021 8:40 AM

Walmart will pay for full college tuition and book costs at some schools for its US workers, the latest effort by the largest private employer in the country to sweeten its benefits as it seeks to attract and retain talent in a tight job market.

The program includes 10 academic partners ranging from the University of Arizona to Southern New Hampshire University. Participants must remain part-time or full-time employees at Walmart to be eligible.

The company said Tuesday that it will drop a previous $1 a day fee paid by Walmart and Sam's Club workers who want to earn a degree and also begin covering the costs of their books. Around 28,000 workers participate in the program, which Walmart began in 2018. Walmart has around 1.5 million workers.

"We feel that eliminating the dollar a day investment removes the financial barriers to enrollment, and it will increase access," Lorraine Stomski, senior vice president of learning and leadership at Walmart, said on a call with reporters Tuesday.

Walmart also said it was adding four new academic partners, bringing the total to 10, and offering more degree and certificate options in areas like business administration, supply chain and cybersecurity.

Walmart has incentive to expand the program. Employees who have participated in the program are twice as likely to get promoted and are retained at a "significantly higher rate" than other workers, Stomski said.

The move comes as retailers around the country face challenges hiring employees to staff stores and warehouses.

In May, there were 974,000 unfilled jobs in the retail industry, according to the latest data from the Bureau of Labor Statistics.

Walmart earlier this year raised wages for 425,000 US workers to at least $13 an hour. Walmart's minimum wage is $11 an hour, below competitors such as Amazon and Target's $15 starting rate.

Other retailers are also increasing wages, offering hiring and referral bonuses and expanding benefits as they hunt for workers.

Here's a list of Walmart's participating partners:

Johnson & Wales University

The University of Arizona

The University of Denver

Pathstream

Brandman University

Penn Foster

Purdue University Global

Southern New Hampshire University

Wilmington University

Voxy EnGen

The-CNN-Wire
™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 941120

Reported Deaths: 15315
CountyCasesDeaths
Marion1282511983
Lake633041097
Allen53609758
Hamilton43827447
St. Joseph41906590
Elkhart33545490
Vanderburgh30383448
Tippecanoe26820249
Johnson23609417
Hendricks22250341
Porter21737346
Clark17409229
Madison17366384
Vigo16108281
Monroe14466191
LaPorte14311239
Delaware14070221
Howard13865272
Kosciusko11418135
Hancock10841165
Warrick10674177
Bartholomew10542168
Floyd10430205
Wayne9959226
Grant9130204
Morgan8865160
Boone8389111
Dubois7710123
Dearborn762289
Henry7608130
Noble7413101
Marshall7362128
Cass7176117
Lawrence6957153
Shelby6584111
Jackson656785
Gibson6156107
Harrison603786
Huntington600195
Montgomery5805105
DeKalb574291
Knox5494104
Miami542488
Putnam536768
Clinton533665
Whitley524953
Steuben497268
Wabash483592
Jasper479160
Jefferson470092
Ripley454277
Adams444068
Daviess4169108
Scott405865
White391857
Clay390857
Greene388392
Decatur385296
Wells384983
Fayette374278
Posey359941
Jennings353156
Washington332047
LaGrange321375
Spencer317835
Fountain316555
Randolph312888
Sullivan307449
Owen283863
Starke280064
Fulton277553
Orange275859
Jay254837
Perry251652
Carroll243729
Franklin239338
Rush234130
Vermillion233250
Parke219820
Tipton209655
Pike207639
Blackford168334
Pulaski163551
Crawford146018
Newton144345
Benton142516
Brown135346
Martin128217
Switzerland125810
Warren114616
Union96911
Ohio79711
Unassigned0479

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1365800

Reported Deaths: 21596
CountyCasesDeaths
Franklin1522221560
Cuyahoga1344852327
Hamilton976051320
Montgomery670271141
Summit562091047
Lucas50900863
Butler47417655
Stark41580976
Lorain31567532
Warren30001331
Mahoning26963639
Clermont25628292
Lake24585417
Delaware22313145
Licking20487241
Fairfield20420221
Greene20309272
Trumbull19866509
Medina19796287
Clark17879328
Richland16314234
Portage16130229
Wood15681208
Allen14115256
Miami13786253
Muskingum12641152
Wayne11946238
Columbiana11708241
Tuscarawas10953269
Marion10725148
Pickaway10465129
Scioto10324127
Erie9747171
Ross9436176
Lawrence8755125
Hancock8458141
Ashtabula8317185
Geauga8173156
Belmont8140187
Jefferson7527172
Huron7423128
Union731851
Washington7183120
Athens697165
Sandusky6848134
Darke6756136
Knox6671122
Seneca6358137
Ashland5948113
Auglaize587188
Shelby5727101
Brown564171
Mercer557890
Defiance5483101
Madison543371
Crawford5425114
Highland541581
Fulton530683
Clinton525580
Logan512182
Preble4994110
Putnam4833106
Guernsey470364
Williams459282
Perry449852
Champaign445964
Ottawa436884
Jackson425362
Pike388843
Morrow383851
Fayette375853
Coshocton374766
Adams360675
Hardin359069
Gallia347356
Holmes3259108
Henry324668
Van Wert314670
Hocking301769
Wyandot280658
Carroll262652
Paulding242243
Meigs213942
Monroe189749
Noble169340
Morgan165829
Harrison157940
Vinton138118
Unassigned05
Fort Wayne
Mostly Cloudy
52° wxIcon
Hi: 59° Lo: 47°
Feels Like: 52°
Angola
Cloudy
54° wxIcon
Hi: 55° Lo: 46°
Feels Like: 54°
Huntington
Mostly Cloudy
52° wxIcon
Hi: 57° Lo: 47°
Feels Like: 52°
Decatur
Mostly Cloudy
52° wxIcon
Hi: 57° Lo: 47°
Feels Like: 52°
Van Wert
Cloudy
54° wxIcon
Hi: 59° Lo: 47°
Feels Like: 54°
Sunshine and warmer air return to round out the work week, but the warm-up is brief.
WFFT Radar
WFFT Temperatures
WFFT National

Community Events