There is a trend in the war for talent – with the rise in tuition fees, some employers have taken to attracting candidates by offering to sponsor their university fees.
Most recent cases of organisations adopting this practice are KPMG and Morrisons. They share this is practice with organisations such as GlaxoSmithKlime, Barclays, Logica, Experian, PWC and Ernest & Young.
Students studying under this schemes are often likely to work part time with their sponsoring organisations whilst studying
Such schemes can be a win win for both employers and students. Employers not only have access to a pool of talent they additionally have an input into their development. Students on the other hand are not only rid of the worries of debts from tuition fees, they are often able to work whilst studying with the assurance of a job when they complete their qualifications.
Those that are set to loose out are organisations that sit by and watch see organisations zap up the talent.
References: The Future Market by Hashi Syedain. People Management. August 2011 Morrisons offers fee lifeline to 1,000 students, Personnel Today, 15 August 2011
Copyright 2011. This document is the specific intellectual property of Susan Popoola. Content may not be reused or reproduced without the specific permission of the owner or a reference to the source. Opinions may be generated