Will Chipotle’s Investment In Education Pay Off For Its Employees?
Chipotle launched its new debt-free tuition program for its employees. The program will cover those majoring in agriculture, culinary, and hospitality industries. The move shows intention for how the QSR values education when training and retaining employees.
But, what is the ultimate goal for the company as they provide free education to their employees?
The Voice of B2B, Daniel Litwin, talked with Scott Scansen, Head, Total Rewards of Chipotle Mexican Grill on MarketScale TV, to discuss their new program and what it means for the company and its workers.
Chipotle will partner with the University of Arizona, Bellevue University, the University of Denver, and Oregon State University, to name a few. When they went to choose these schools, they looked for leading, non-profit, accredited universities, according to Scansen. They also looked at schools that had the technology and an online presence.
“The program we’re trying to put in front of our employees, agriculture, culinary, and hospitality,” Scansen said, “are in addition to the programs we already offer – business and technology.”
The programs they chose are near and dear to Chipotle, as it’s crucial to their company. The degrees offered through these programs include Agricultural Sciences or Rangeland Sciences, Food Industry Compliance Management, and various supply chain management degrees.
“Through these debt-free degree programs, we find that we have 3.5 percent more retention and seven times the promotion rate for these employees,” Scansen said. He also said these workers could move into the corporate office.
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