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/

"Many of our organizational values focus on employees, with a goal of maximizing quality service to our community. This award illustrates our level of commitment to providing our employees with a healthy workplace, both physically and mentally."

Ed Everett
City Manager
Redwood City, CA