Walmart is committed to winning the future of retail and knows investing in its people is essential to serving customers and in the future. To help prepare its workforce for tomorrow the retailer is expanding its Live Better U education benefit to include new technology degrees and certificates for 1 a day and offering high school students a bridge into the workforce including access to all its learning programs.These enhancements come a year after Walmart announced the education benefit which is designed to help remove barriers like cost time and earning a relevant degree in a changing economy that too often keep adult learners from furthering their educations.High school students face challenges when it comes to work and education. The cost of college remains a significant barrier for many high school students which often leads to costly student loans. The Center for Microeconomic Data recently reported that student loan debt is now nearly 1.5 trillion. At the same time fewer and fewer teens are entering the workforce according to the Bureau of Labor Statistics. It estimates that by 2024 only 26 percent of teens will have a job. Its been shown that having a job helps teens build confidence work ethic independence financial knowledge and perhaps most importantly creates work experience that helps students as they transition into adulthood and a career.Walmart values learning in all forms and we are committed to creating a workforce of lifelong learners and instilling in them excitement for retail and a passion for serving customers. Access to higher education is one way to grow your career. So in addition to providing people with an entry to the workforce and access to our on-the-job training Im proud Walmart also offers our associates programs like Live Better U to help them achieve their educational goals.- Greg Foran president and CEO of Walmart U.S.High School ExpansionWalmarts program provides students an end-to-end workforce solution from access to jobs to building foundational soft skills and more advanced skills through work-based training and an opportunity to earn a debt-free college degree. Along with other eligible Walmart associates high school students will now have access toJobs with scheduling options for flexibility or core hours work the same days and shifts for up to 13 weeksFree ACT and SAT prepUp to seven hours of free college credit through Live Better Us College Start program andA debt-free college degree through Live Better U upon high school completion in the in-demand fields of technology business or supply chain management at six nonprofit universities.Technology Degrees and CertificatesWalmart is expanding its offering of debt-free degrees that associates can earn through Live Better U. The additional 14 technology degrees and certificates like cyber security computer science computer and network security and computing technology are in addition to the business and supply chain degrees currently offered for 1 a day.The technology additions to Live Better U highlight the importance of Walmarts enterprise-wide digital transformation while also providing associates opportunities for economic mobility. Live Better Us technology programs in addition to the retail management and business management degrees create career pathways both within the retailer and externally. According to the Bureau of Labor Statistics employment in computer fields grew by 21 percent from 2009 to 2015 more than four times the rate of roles outside of the STEM science technology engineering and math sector.In the coming months the company plans to add even more degrees and certificates in additional fields that will support both the growing Walmart business and demand in the overall U.S. workforce.Completion BonusWalmart is creating the Live Better U Scholar Awards a graduation bonus program for Walmart U.S. associates who have not previously completed college credits. The award underscores Live Better Us focus on completion celebrates the associates achievements and will offset and in many cases pay back the associates 1 a day contribution to the program. Up to 5000 associates each year will be eligible for the awards valued at 1500 each.
🔍 Key Information
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Tender Reference No.
444764085
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Publication Date
08 Jun 2019
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
United states
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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