Protecting the Return on Investment
Many companies do not fully understand or appreciate the tremendous value of the Executive MBA. Corporate reluctance to sponsoring employees is also due to the high cost, exacerbated in these difficult economic times, as well as the risk of employees leaving after graduation. Employee contracts are one solution, although not always enforceable. A partial sponsorship to share the risk is another approach although but is still expensive for the employee.
To overcome many reimbursement challenges, an entirely new and creative financial payment method was recently introduced to enable companies to offer corporate sponsorship while still protect the investment should the employee decide to leave.
How well do you know about these and other financial models that exist to pay for business school? How are you currently handling sponsorship and would a new reimbursement model meet your needs? Is this new model a fair and equitable alternative? Are there other options more equitable to you and your employees? How have companies with your size and annual revenues dealt with financing the EMBA? Can these models also help your regular full and part-time MBA tuition reimbursement programs?
Learn the answers to these questions and many more complicated and sensitive issues concerning corporate financial sponsorship. Don’t get caught not competing because you simply were not aware that financial alternatives exists.