www.benefitnews.com
Open in
urlscan Pro
52.222.236.115
Public Scan
Submitted URL: https://get.guildeducation.com/MDAzLVhNRy0wNjYAAAGHKHq9nNldPF3E4K2ouKxmP9Bt7QC3rVP9EzCvXd5s7_0s7dYzmW-g9elFovbjAYpqU0Mw0vo=
Effective URL: https://www.benefitnews.com/news/tuition-assistance-breeds-company-loyalty-at-lowes?mkt_tok=MDAzLVhNRy0wNjYAAAGHKHq9nBX1fj1O...
Submission: On September 29 via api from US — Scanned from DE
Effective URL: https://www.benefitnews.com/news/tuition-assistance-breeds-company-loyalty-at-lowes?mkt_tok=MDAzLVhNRy0wNjYAAAGHKHq9nBX1fj1O...
Submission: On September 29 via api from US — Scanned from DE
Form analysis
1 forms found in the DOMhttps://www.benefitnews.com/search#nt=navsearch
<form class="Page-header-search-form" action="https://www.benefitnews.com/search#nt=navsearch" novalidate="" autocomplete="off"> <label> <input placeholder="Find your interests" type="text" class="Page-header-search-input" name="q" required="true">
<span class="sr-only">Search Query</span> <button type="submit" class="Page-header-search-submit"> <svg>
<use xlink:href="#icon-magnify"></use>
</svg> <span class="sr-only">Submit Search</span> </button> </label> </form>
Text Content
Author Login Sign Up * Advisers * Employee Benefits * Workplace Culture * HR Tech * MORE * Retirement * Wellness * Diversity, Equity and Inclusion * Resources * How to write for EBN * Retirement * Wellness * Diversity, Equity and Inclusion * Resources * How to write for EBN Follow Us In Real Time * twitter * facebook * linkedin © 2022 Arizent. All rights reserved. Menu Show Search Search Query Submit Search Login Sign Up * Advisers * Employee Benefits * Workplace Culture * HR Tech * MORE * Retirement * Wellness * Diversity, Equity and Inclusion * Resources * How to write for EBN Follow Us In Real Time * twitter * facebook * linkedin * New and Noteworthy * Perk Up! Podcast * Recruiting and Hiring * Healthcare * Jobs TAGS Continuing education Professional development BENEFITS IN ACTION: FOR THIS LOWE'S EMPLOYEE, EDUCATION BENEFITS BREED COMPANY LOYALTY By Stephanie Schomer CloseText About Stephanie twitter stephschomer linkedin stephanie-schomer-317552174 August 23, 2022, 5:30 a.m. EDT 4 Min Read * Twitter * LinkedIn * Email * Show more sharing options Share Show more sharing options Close extra sharing options * Twitter * LinkedIn * Email Lowe's REGISTER NOW Damian Whilby had long considered going back to school. But the timing was never right. "There were several barriers to education, the first being financial," says Whilby, a husband and father of three. "I didn't have that security blanket to help with additional expenses." All that changed earlier this year. Whilby has spent the last 10 years working at a Lowe's in Snellville, Georgia, having started as a part-time worker before climbing his way up the company ladder to an assistant store manager of operations. He's committed to Lowe's, he says, because the organization is invested in its workers — Lowe's has long offered $2,500 annual tuition reimbursement benefits, as well as access to trade certificate programs for its employees, through which Whilby completed a carpentry program in 2019. In the spring of 2022, when Lowe's announced a new debt-free education benefit, he felt his loyalty swell. Read more: How an education program helped this product manager land her dream role at Spotify Lowe's assistant store manager Damian Whilby is working toward his bachelor's degree with the financial support of his employer. Courtesy of Damian Whilby "I'm going for that bachelor's degree, baby," says Whilby, who signed up to get a bachelor's degree in operations management through Lowe's partnership with Guild Education, a platform that works with employers to give workforces access to high school diploma programs, professional certificates and college and master's degrees. The benefit is available to all part- and full-time employees. "The program offers 100% reimbursement and even covers books, so I basically pay nothing, and I had all these different avenues and degrees to choose from," says Whilby, who's enrolled in online courses through Southern New Hampshire University (SNHU). "It's not costing me a penny." Much like they have for Whilby, education benefits can strengthen employees' commitment to an organization at a time when companies are struggling to recruit and retain labor and talent. A study by education benefits program EdAssist and Bright Horizons found that 85% of workers who participate in tuition assistance programs provided by their employer say they're a better employee because of the program, while 84% say access to a tuition assistance program impacted their decision to join a company in the first place. Providing valuable education benefits combined with a company culture of support and flexibility can drive both employee retention and benefit utilization. For Whilby, taking advantage of Lowe's previous tuition-reimbursement program wasn't always a possibility, despite appreciation of the benefit's existence. In recent years, Whilby explains, his wife went back to school to become a registered nurse — and in support of her goals, the father of three temporarily put his own education on the back burner. Read more: The Muse CEO shares 4 ways to make sure your good hires stick around "I didn't want to put that extra burden on my family, for both of us to be trying to go back to college at the same time," he says. "It would have been too much to do, so I had to step in and just be that primary breadwinner, so to speak." Once the timing was right (and coincided with the expanded Lowe's offering), he was eager to hit the books — but managing a course load with a full-time job comes with its own challenges. Whilby knew it would take some work to fit all his responsibilities in, but he figured he'd leap first and perfect his schedule later. "I had a conversation with my family and just said, 'Lowe's is presenting me with this opportunity, and I have to jump on it,'" he says. "I didn't know how I would juggle it all, but I knew I'd never find the formula unless I really needed to." After enrolling, an introductory time-management course through SNHU helped him perfect that formula, offering strategies to make space for family, work, and school. "It really teaches you to pencil out your schedule and priorities, being as realistic as possible," he says. "Once you start looking at a 24-hour time frame, you start to see that you can have way more time than you anticipated, as long as you put that into focus and prioritize what you want to accomplish." Read more: Microlearning can be the key to balancing workload with manager development He adds that the company, even at the store level, works to create systems of support for its employees. Not only does Whilby have a good relationship with his manager, but says the company creates scheduling options to support other priorities its team members may be juggling. "You can work in the morning, you can build a more structured schedule," he says. "So just in case you want to go back to college, you can do that without having to worry about your job being in the way." Whilby says he's already encouraged colleagues to take advantage of the benefits provided by the company, stressing the zero-cost, zero-strings-attached programs that can help advance one's career, either at Lowe's or beyond. For Whilby, who anticipates completing his bachelor's degree in the next four to five years, he hopes the additional skills set him up to continue climbing the ladder at Lowe's. Read more: McDonald's tuition benefit put this employee on the road to higher education "My ultimate goal is to be a store manager," he says. "This degree will put me on a level playing field to compete for higher-paying positions within the company, and it will put me in a position where I can impact other associates, and bring them along with me." As he's watched the company's benefits offerings continue to expand to meet the needs of their employee base, Whilby has felt reassured that he's a priority to the organization. "One thing about our core values is, Lowe's is very open about learning," he says. "If you want to move up and you're willing to commit to the company, they provide avenues for you to learn about the areas in which you want to improve, get better, and grow as an individual." Stephanie Schomer Editor-in-chief, Employee Benefit News * * twitter * linkedin * Twitter * LinkedIn * Email * Show more sharing options Share Show more sharing options Close extra sharing options * Twitter * LinkedIn * Email Reprint For reprint and licensing requests for this article, click here. Continuing education Professional development Back to School 2022 TRENDING * Please advise: The 10 most passive aggressive email phrases Before hitting send, give your emails a look to see if you're using these passive aggressive phrases to communicate with coworkers. * Long story short: Time to set boundaries with your employees This week's top stories can help managers set clear boundaries around communication and productivity between managers and employees. * Announcing 2022's Excellence in Benefits Award winners This year's award winners are working tirelessly to improve the work and life experience for employees and clients. MORE FROM EMPLOYEE BENEFIT NEWS OVERTIME PAY AND PRIVATE INSURANCE: TOP 10 WORK PERKS EMPLOYEES WANT THIS YEAR Employees want to feel valued by their companies, and they're expecting employers to get creative. Sep 28, 2022 HIRERS NEED TO TAKE NOTE OF THIS GROWING EDUCATION TREND Career-focused high schools help students start their careers earlier and combat financial insecurity. Aug 11, 2022 EMPLOYEES WITH 4-DAY WORKWEEKS GET MORE SLEEP Workers who shifted to 32-hour workweeks logged 7.58 hours per night of sleep, nearly a full hour more than when they were keeping 40-hour workweeks. Sep 28, 2022 6 WAYS TO QUANTIFY ROI FOR LEARNING AND DEVELOPMENT From measuring production efficiency to surveying employee experiences, make sure you're getting the most out of upskilling programs. Aug 5, 2022 HOW TO AVOID THESE 4 COMMON RETIREMENT REGRETS Only 14% of retirees feel like they're living the life they planned for in retirement, according to a survey by ConsumerAffairs. Aug 9, 2022 GOOGLE FOR YOUR COMPANY: GLEAN IS CREATING KNOWLEDGE DATABASES FOR WORKERS Arvind Jain, CEO of Glean, explains why workers could benefit from a professional search engine at their company. Sep 26, 2022 2022 Excellence in Benefits Awards Sixteen leaders across the HR, advising and technology spaces exemplify the future of benefits: Increased access, more innovation, better outcomes. Follow Us In Real Time * googlenews * twitter * facebook * linkedin * * About Us * Contact Us * The Magazine * * RSS Feeds * Privacy Policy * * Subscription Agreement * Content Licensing/Reprints * Advertising/Marketing Services © 2022 Arizent. All rights reserved. © 2022 Arizent. All rights reserved.