An online retailer paying for its employees to study aircraft mechanics, nursing or another field they might like to pursue sounds like quite a stretch of the imagination. But, Amazon.com plans to do just that, and its move could lead to a new direction in developing employees' skills.
Amazon.com recently launched its Amazon Career Choice Program, which lets employees choose what job skills they would like to acquire or further develop.
Amazon will pre-pay 95 percent of tuition, textbook costs and associated fees to accredited schools at which employees pursue vocational certifications or associates degrees. The company will only fund those areas that are well-paying and in high demand.
Analysts see the Career Choice Program as positive news at a time when many companies, especially in the retail sector, are scaling back.