As U.S. workers prioritize education, leading healthcare organizations double education benefits
NEWTON, Mass .– (COMMERCIAL THREAD) – The majority of American workers say they would feel more motivated, safer and better equipped to do their jobs if they had access to the educational opportunities offered by their employer, according to a recent research report.
Now Bright Horizons EdAssist Solutions, which works with many of the nation’s largest employers to provide education benefits and student loan repayment programs, has identified “The Smartest Healthcare Organizations in Workforce Education, ”recognizing employers who deliver the education benefits employees want – those that empower workers to improve their skills, to improve, to continue and to pay for higher studies.
The smartest healthcare organizations in workforce education
The coronavirus pandemic has proven more than ever that healthcare workers are true heroes whose knowledge and skills are invaluable. By partnering with many of the country’s top hospitals and healthcare systems to provide these healthcare workers with educational benefits, Bright Horizons EdAssist Solutions has identified the top healthcare employers who deliver the benefits most comprehensive education, with an emphasis on achieving these benefits. accessible and affordable for their entire workforce.
EdAssist’s analysis included criteria such as:
Availability of education benefits for full-time and part-time employees
Access to academic and financial assistance coaches to help employees navigate education options at 220 accredited colleges and universities, as well as other development providers
Demonstrated commitment to removing barriers to education by offering prepaid tuition fees to alleviate personal expenses for employees and reducing student loan debt to ensure equity among employees
Access to discounted tuition rates from a wide selection of education providers.
“Savvy employers invest in what their employees value, and today that means supporting education and career opportunities. This rings especially true for healthcare workers amid the coronavirus pandemic, whose expertise is so vital right now, ”said Patrick Donovan, vice president of emerging services at Bright Horizons. “These employers are best practice examples of organizations that offer both broad and focused educational opportunities, as well as the coaching and financial advice that encourages their employees to take this step.
Companies recognized by Bright Horizons EdAssist Solutions as the “Smartest Workforce Education Organizations” include:
Atrium Health offers workforce training benefits to help teammates advance their education through professional development programs and college degree courses. They are committed to ensuring access and affordability of education benefits for all employees, including frontline employees, with the aim of creating pathways to decent wages and developing a diverse talent pool. to fulfill essential roles. Since launching its program in July 2020, Atrium Health has helped more than 2,500 teammates continue their education.
The Kennedy Krieger Institute has always recognized the value of education and the financial impact that tuition fees have on employees and their families, so they have created an educational assistance program that not only benefits students. employees, but also to their families. In addition to providing tuition assistance for employees to graduate, the organization supports employee enrollment in continuing education and personal enrichment courses and offers similar benefits to spouses and dependents. employees. They also provide undergraduate tuition assistance to dependents of eligible employees in the form of a dependent tuition grant. Thanks to this very generous program, Kennedy Krieger recorded a retention rate of 94% among users of the education program.
NewYork-Presbyterian offers educational benefits to employees at its ten hospitals, including a prepayment program where the organization pays tuition fees in advance on behalf of an employee and discounts on a multitude of courses from certification. The hospital system also introduced financial wellness coaching last year to help employees manage tuition and loans with confidence and peace of mind.
Orlando Health fulfills its commitment to nursing education through a generous tuition assistance program that supports continuing education for employees. In 2020 alone, Orlando Health supported 619 nurses on their graduation journey. The organization also offers a student loan repayment program which has improved the financial well-being of nearly 600 nurses to date. A Magnet-recognized healthcare system committed to safe and quality patient care, Orlando Health has seen a more than 10% increase in employee retention among those who participate in its educational benefits program.
Yale New Haven Health
Yale New Haven Health provides tuition assistance opportunities to employees of its five hospitals. To remove the financial barriers that prevent many working adults from returning to school, the organization has started a direct billing program where they pay schools up front on behalf of the employee. The program has a proven track record among employees, with a utilization rate of 10%, as well as a retention rate of 93% for participants in the educational benefits program.
About Bright Horizons Family Solutions Inc.
Luminous horizons® is one of the world’s leading providers of high quality child care and early childhood education, supportive care and workplace education. For over 30 years, we’ve partnered with employers to support the workforce by providing services that help working families and employees thrive personally and professionally. We operate approximately 1,000 child care centers in the United States, United Kingdom, Netherlands and India and serve over 1,200 of the world’s largest organizations. Bright Horizons Child Care Centers, child and senior care support services and workforce training programs, including management of tuition programs, counseling in education and student loan repayment, help employees achieve success at every stage of their life and career. For more information, visit www.brighthorizons.com.