Amazon.com, Inc. (NASDAQ: AMZN) disclosed milestones for its innovative Career Choice Program. According to the company, the key features of its peculiar Career Choice Program were that it pre-pays 95 percent of the cost of tuition to eliminate any financial barrier to make it easier for employees to participate in it.
As a result, over 7,000 employees have participated in it since inception from ten countries. Also over 1,300 associates have taken a college-level course or vocational program onsite at its fulfillment center.
The online retailer said its offering included dedicated Career Choice classrooms on-site, and exclusively supports coursework in respect of in-demand fields based on sources like the Bureau of Labor Statistics. That meant that the employees could pursue beyond the purview of the available jobs in the company.
Amazon said after the Career Choice program in July 2012, it made several enhancements, as well as, incremental investments in the program. That included increase in the amount of tuition pre-paid for courses to $12,000 in four years. The company also shortened the period of time that associates must be with the company to become eligible, i.e. just one year of employment.
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