Chipotle will help its employees pay for a online college degree as part of a new benefit the company announced Tuesday. The fast-casual chain says it will pay 100% of tuition for eligible employees working toward an associate’s or bachelor’s degree.
If there is no Chipotle near your school, don’t give up on tuition reimbursement. There are many other options out there! We recommend that you start filling out your Chipotle application today! Whether you are pursuing a debt-free degree or a degree in another field, Chipotle will help you pay your tuition.
Another frequently asked query is “Does chipotle offer tuition reimbursement?”.
Chipotle (CMG) will cover tuition only if employees remain at the company, and ask that they stay for at least six months after they earn their degrees. The new benefit is an expansion of Chipotle (CMG) ’s existing programs. The chain already offers up to $5,250 a year in tuition reimbursement as well as other education assistance programs.
Chipotle employees can also seek up to $5,250 in tuition assistance reimbursements if they pursue a degree outside of the program run by Guild Education. Over the past two years, Chipotle has distributed more than $20 million in tuition assistance. Daniel Zhao is a senior economist at Glassdoor and studies wages and benefits.
Chipotle offers tuition assistance of up to $5,250 annually. It does not use a reimbursement model because requiring an employee to pay tuition upfront is a financial hurdle many are not able to leap, especially those in lower-level jobs, according to Rachel Carlson, CEO and co-founder of Guild Education. Instead, the employer pays the school.
What colleges does Chipotle hire in the United States?
In addition, Chipotle employees will have the opportunity to pursue a selection of bachelor’s degree programs in hospitality from Bellevue University, JWU or Oregon State University. Later this year, Chipotle will also offer an expanded selection of Supply Chain programs from Oregon State University and the University of Denver.
The debt-free degree program is a key component of Chipotle’s Cultivate Education program, which includes an Existing Tuition Reimbursement Program, allowing eligible employees to be reimbursed for tuition up to $5,250 per year in qualifying programs.
What are the benefits of the Chipotle education program?
Unlock more with your education benefits when you create a free online account. Chipotle will pay 100% of tuition up front – no out of pocket costs! Access flexible, online programs from accredited universities. You’ll get personalized coaching support from day one all the way through to graduation. Discover the affordable way to go back to school.
Chipotle has partnered with a company called Guild Education to create the Cultivate Me education plan. Guild is company that works with non-profit schools to provide college assistance as an employee benefit. Through the Cultivate Me Plan at Chipotle, qualified workers can: Chipotle will reimburse workers up to $5,250 annually.
Is Chipotle bucking the trend of employers offering education assistance?
Chipotle is bucking a trend of fewer employers offering education assistance. The number of employers that provide undergraduate degree benefits has dropped from 61 percent in 2013 to 53 percent in 2017, according to SHRM’s 2017 Employee Benefits survey.
What benefits does Chipotle offer its employees?
Beyond the extremely-generous tuition-assistance program, Chipotle has one of the most-robust benefits packages in the restaurant industry. Hourly and salaried workers may be eligible for: What’s next? Want to find other ways to reduce your college costs?
One of the next things we asked ourselves was is it worth it to work for Chipotle?
One article stated that it is if you work for Chipotle. Even better: That benefit is available for both part-time and full-time staffers. You may be surprised to learn that Chipotle has one of the most-generous tuition reimbursement programs in the country right now for people who would like to earn their degree.