Amazon pays 100% for 750,000 employees for college education

Amazon Inc. (NASDAQ: AMZN) covers 9050,000 college hours per hour in the United States upon arrival. The initiative will begin in January. By 2025, $ 1.2 billion will be spent.

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Extensive program

Amazon is the second largest company in the country. The e-commerce monster created by Jeff Besos has risen to cover all costs, such as classes, books, and education.

In addition to the company’s development opportunities to promote a variety of services, this benefit will be part of a program to expand the educational and training benefits offered by Amazon to its employees.

In a statement, Fox Business said: “We know that investing in free professional training for our employees on Amazon will have a significant impact on hundreds of families across the country.”

Amazon Career Choices also supports middle school and high school diplomas, GIDs, and English as a second language proficiency through this program.

Among the benefits are certifications in hearings in the fields of maintenance and technology as well as expert experience and research design.

Same motivation

At the time of the outbreak, the company had been hiring for more than a year. Since March 2020, Amazon has hired more than 400,000 employees to bolster its response to Blue E-Commerce.

Amazon pays for university education in advance to increase employee confidence, but they must meet satisfactory results and complete the courses.

Retail competitors Target Corporation (NYSE: TGT) and Walmart Inc. (NYSE: WMT) have launched similar initiatives. The latter announced that it would cover the full cost of college education for 1.5 million workers by the end of July.

According to CNN, Target has announced a $ 200 million investment over the next four years, followed by early August, reaching $ 10,000 a year for master’s programs at the University of Arizona and Oregon State University.

The move is seen as a way to tackle the struggle to hire workers in the COVID-19 crisis.

Walmart and Amazon are part of the Entrepreneur Index, which traces 60 large public-owned companies run by their founders or founding families.

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