Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Amazon Increases Career Training Stipend by $1,000 per Year

Amazon  (NASDAQ: AMZN  ) will now give hourly employees $3,000 a year for a maximum of four years to go back to school, the company announced. According to the Los Angeles TimesAmazon previously paid up to $2,000 a year for up to four years.  

Since launching the Amazon Career Choice program in July 2012, the e-commerce giant has subsidized associate degrees or vocational certifications for its hourly employees. Amazon says its program is different from other tuition reimbursement programs as it funds education only in areas that are "well-paying and in high demand" according to sources such as the U.S. Bureau of Labor Statistics. 

While the company also judges whether those skills are relevant to a career at Amazon, employees have pursued degrees in varied areas, including nursing and radiology. The top chosen fields of study for Amazon employees are computer and information technology, health and sciences, and accounting, according to the company.

Amazon will pay up to 95% of the tuition, textbooks, and associated fees up to a maximum of $12,000 over four years. 


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2455449, ~/Articles/ArticleHandler.aspx, 9/25/2016 12:10:42 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
AMZN $805.75 Up +1.05 +0.13% CAPS Rating: ****