Walmart Tests New Employee Retention Strategy by Covering 100% of College Tuition Fees

America’s largest retailer is attempting a surprising new strategy to help the company attract and retain top-level talent. Walmart (No. 22 on The Fair360, formerly DiversityInc Top 50 Companies for Diversity list in 2021) has announced that it will now begin covering full tuition plus the cost of books for its workers to attend a select group of schools across the U.S.

Nathaniel Meyersohn of CNN Business reported that the new initiative is “the latest effort by the largest private employer in the country to sweeten its benefits as it seeks to attract and retain talent in a tight job market.”

According to Meyersohn, the program “includes 10 academic partners ranging from the University of Arizona to Southern New Hampshire University.”

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