In a Tight Talent Market, an Employer's Help with Education Expenses Can Turn a Candidate's Head From Society for Human Resource Management: When Janice Flanders graduated from college in the early '90s, she had no student loan debt, thanks to her then-employer's tuition assistance program. She worked full time right out of high school, went to school part time, and was reimbursed for her tuition payments based on her grades: 100 percent for an A, 80 percent for a B, and 70 percent for a C. Now that her son is a college graduate who has student loan debt, Flanders recognizes how important such programs are. So she's trying to get one started at the Ohio company where she is the HR director.
From Crain's Chicago Business: In an item of particular importance to some companies, the General Assembly has approved and sent to Gov. J.B. Pritzker a measure to extend the life of the state's tax credit for research and development. The bill also would establish a new credit for apprenticeship educational expenses. Business groups hailed the action. "Research and development is the lifeblood for innovative manufacturers and its passage sends a message to those companies to invest in our state," said Illinois Manufacturers' Association President Mark Denzler. "The apprenticeship tax credit allows manufacturers to jump start the workforce."