Walmart wooing college kids



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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Walmart (WMT), the largest private employer in the United States, is striving to recruit high school students by offering free standardized test preparation, flexible work schedules and a debt-free college. "data-reactid =" 15 "> Walmart (WMT), the largest private employer in the United States, is striving to recruit high school students by offering free standardized test preparation, flexible work schedules and college without debt.

Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" High school students currently represent less than 25,000 people. retail giant, the 1.4 million associates based in the United States, but with a student loan debt lying at & nbsp;$ 1.5 trillion& nbsp; and & nbsp;fewer teenagers should enter the job market, Data-reaid = "16"> High school students currently make up less than 25,000 of its 1.4 million US-based employees, according to the retail giant. With student debt of $ 1.5 trillion and fewer teenagers in the job market, Walmart is trying to become a more attractive option for younger workers.

"[We] know that high school students face challenges in terms of work and education. We know that the cost of college education remains a significant barrier for many high school students and also leads to student loans and costly debt, "said Julie Murphy, People's Executive Vice President, Yahoo Finance in an interview.

<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Eligible teens will receive more predictable and flexible work schedules In addition to the free test preparation courses for ACT and SAT, after completing high school, these workers will be available & nbsp;$ 1 per day of college education at Walmart& nbsp; advantage. "data-reactid =" 18 "> More predictable and flexible work schedules will be offered to eligible teenagers, in addition to the free test preparation courses for ACT and SAT, and once they graduate from high school, these workers will be available to Walmart $ 1 per day college.

(Photo by Tim Boyle / Getty Images)

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Up to 5,000 associates each year will be eligible"data-reactid =" 39 ">Up to 5,000 associates each year will be eligible

Nearly a year ago, Walmart launched its $ 1 a day university program for its 1.4 million associates, now known as "Live Better U". To date, more than 7,500 Walmart associates have enrolled in the program which, according to the company, is ahead of expectations.

In addition to earning $ 1 a day in college, the program also offers discounts on master's degrees and the opportunity to complete high school for eligible partners and parents.

Walmart also announced Tuesday that it would start offering financial bonuses to some of its associates who had never taken college credit after completing the company's academic program.

Each year, nearly 5,000 of its associates will be eligible for its Live Better U Scholar Awards, valued at $ 1,500 per piece.

"This award underscores the purpose of Live Better U, celebrates the achievements of the partner and offsets – and in many cases reports – its contribution of $ 1 a day to the program," the company said in a statement.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Initiatives occur at a time when young workers are taken with increasing educational debt in the middle & nbsp;decreased job prospects. Meanwhile, Walmart is under pressure not to & nbsp;adequately compensate his workers."data-reactid =" 45 "> These initiatives come at a time when young workers are struggling with increasing educational debt as their job prospects wane." Walmart is under pressure not to pay properly its workers.

Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" More than 300 of Walmart's current store managers started Hourly collaborators earn a starting salary of $ 11 and a store manager can earn up to $ 175,000 a year, & nbsp;the company recently revealed."data-reactid =" 46 "> More than 300 of Walmart's current store managers have started working at this company, with hourly employees earning $ 11 in starting wages and a store manager earning up to $ 175. USD 000 per year revealed.

Walmart's top selling items, broken down by state.

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "University credit at the Walmart Academy"data-reactid =" 67 ">University credit at the Walmart Academy

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Walmart Academy, the retail giant & nbsp;internal professional training program, has provided the company with a model that "helps build trust and helps to start shaping individual work ethic, as well as knowledge of the business world and how they can navigate the world of business." "said Mr. Murphy. data-reactid = "68"> The Walmart Academy, the retailer's in-house professional training program, has provided the company with a model that "helps build confidence and starts shaping the business." The work ethic of the individual, as well as the knowledge gained. " of the business world and how they can navigate the world of business, "said Murphy.

For the new program, Walmart is partnering with Guild Education, a company that helps companies deliver educational benefits to employees. The degrees were initially offered by three universities – University of Florida, Brandman and Bellevue University – mainly because they were directed at adult learners.

On Tuesday, the program added the universities of Southern New Hampshire, Purdue University Global and Wilmington to its institutions.

For the program, Walmart has worked with universities to tailor content to make it more relevant to the work done by associates in the company. They also added more technology-based degrees as the nature of the work shifted.

Walmart now covers 14 technology degrees and certificates as part of its $ 1 per day university program, including cybersecurity, information technology, and web application development, to name a few. only a few.

The program already offered a Bachelor's degree in Business Management and Leadership, Business Administration and Business Management (Supply Chain Management, Transportation and Logistics).

Associates who wish to further reduce tuition fees by one dollar a day can earn academic credits at Walmart Academy.

The free academies, located behind some 200 stores, teach customer service skills, retail mathematics and the use of new technologies, among other skills.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A livestream of the event will be available on Yahoo Finance on June 7th."data-reactid =" 80 ">A livestream of the event will be available on Yahoo Finance on June 7th.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Julia La Roche is a finance reporter at Yahoo Finance. To follow her Twitter."data-reactid =" 81 ">Julia La Roche is a finance reporter at Yahoo Finance. To follow her Twitter.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn, Youtube, and reddit."data-reactid =" 88 ">Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn, Youtube, and reddit.

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