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Employers and Online Degrees

By Exforsys | on June 28, 2006 |
Online Education

More Employers Are Looking At Those With Online Degrees

Studies have shown that online degrees are becoming more popular with employers. The goal of most successful companies is to increase the education of their employees. Many of these companies are assisting workers who wish to pursue their degree at online universities.

A number of online degree programs are helping employers by offering discounts or other incentives to join their program. The sudden interest of employers in online education can be linked to the surge in popularity it has receive.

In 2004, the number of students pursuing online degrees increase by 34%. In fact, the number of students signing up for online classes has surpassed those of traditional colleges. Many employers are interested in online education programs because it allows them to retain their employees while keeping them content. Over 20% of reimbursements from corporations now go towards online education programs. Most of these companies expect these figure to rise in the next few years. Many of these employers are not surprised that the internet has become a prominent source of education.

Many feel that the internet was the next logical step. Online degree programs are a flexible option that is highly valuable in the fast paced world of today. While many employers were reluctant to higher people who received their degrees online in the past, they are now starting to see it as a valid educational solution. In addition to this, getting a degree online can bring students a large number of benefits. Employers who choose to take advantage of online education will find that they can stretch their capital further. It will also help them increase the knowledge of their employees, which will make them much more productive.

Online education is an excellent option for workers who cannot attend traditional colleges due to their location. Employers who encourage their workers to pursue online education will greatly benefit their company in the long term. A survey taken of online students showed that about 70 percent would not have been able to attend a traditional college or university. A lot of students choose online colleges because they offer programs which are simply not available at local colleges. For example, there are not a lot of traditional colleges which offer master’s degrees in optics, but a number of these programs can be found at online colleges.

Statistics have also shown that companies which utilize online degree programs have a very high retention rate. These companies may have a turnover which is less than 3 percent. Many traditional colleges are now offering online degrees in addition to their offline degrees. Colleges and universities which choose not to offer online courses may find their membership rates dwindling in the future. When employers support online education, their students are likely to remain with the firm. One of the best advantages of getting degrees online is that it allows employers to save money.

In the past, the cost for online education could be high due to a lack of competition. With the large number of programs which are available today, the cost of online education programs has dramatically decreased. Another factor which has led to the low cost of online education programs is tuition discounts which are offered to corporations. In most agreements, the company must advertise the online program to their employees. Once this has been done, the employer will be given discounts by the online college. Not only can companies receive discounts for advertising an online college, but they cause also have programs customized for their employees.

A company can ask for courses which suit the needs of their workers. If these courses are part of the standard program offered by online colleges, the credits earned from these classes can be applied towards a degree. Another factor which attracts employers to online colleges is convenience. Many workers are too busy to spend time at a local college. Taking online courses will allow them to successfully earn their degree while working. If you are an employer who has workers who are highly mobile, you will find that online colleges are an indispensable tool. Dealing with payment issues can be a breeze if you are dealing with an online institution rather than a traditional school.

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Editorial Team at Exforsys is a team of IT Consulting and Training team led by Chandra Vennapoosa.

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