Press release
SPECTRUM'S FREE TUITION PROGRAM IS BUILDING A STRONGER WORKFORCE
Employees Enrolled in Spectrum's Education Benefit Have a 24% Higher Promotion Rate ThanNon-Engaged Peers and 10% Higher Retention STAMFORD, Conn., March 19,
About this update from Charter Communications, Inc.
[{"type":"text","content":"Employees Enrolled in Spectrum's Education Benefit Have a 24% Higher Promotion Rate ThanNon-Engaged Peers and 10% Higher Retention\nSTAMFORD, Conn., March 19, 2025 /PRNewswire/ -- Spectrum today announced that its Education Benefit, which covers 100% of tuition costs upfront for full-time employees pursuing select online degree and certificate programs, is driving career mobility and retention amongst its workforce since launching in August 2023. Employees enrolled in Spectrum's Education Benefit have received promotions at a rate 24% higher than non-engaged employees, and the Company retains participants at a 10% higher rate than non-participants.\n\n \n \n \n \n \n \n\n \nMore than 13,000 Spectrum employees have participated in or completed a program since the Education Benefit launched, a rate that is 8.5 times higher than the Company's legacy program. Of those participants, 68% are frontline, customer-facing U.S. employees. Spectrum's Education Benefit provides tuition-free access to nearly 300 online degree and certificate programs from 30 universities and learning providers, allowing employees to gain skills in high-demand areas, like operations management, marketing and technology, to advance their careers with Spectrum.\n\"Spectrum's 100% U.S.-based workforce keeps our customers connected, and we're focused on providing them with the support they need to build long, rewarding careers with us,\" said Paul Marchand, Executive Vice President and Chief Human Resources Officer. \"With market-leading benefits, self-progression programs that guarantee wage increases and now tuition-free degrees, we're giving employees more opportunities than ever to grow, because when they succeed, so does Spectrum.\"\nBreaking Down Barriers to Continued EducationSpectrum previously reimbursed employees up to $10,000 per year at the college or university of their choice through its legacy program. Now, Spectrum's Education Benefit, powered by talent development company Guild, provides full-time employees with tuition-free access to hundreds of degree and certificate programs, helping them to start, continue or complete their education and develop skills for in-demand roles, without the burden of any out-of-pocket expenses.\n\"Spectrum is leading the way in talent development by removing financial barriers and providing employees access to high-...