Over 101,000 Employees Can Pursue Select
Tuition-Free Degrees to Help them Advance their Careers with
Charter
STAMFORD, Conn., Aug. 1, 2023
/PRNewswire/ -- Today, Charter Communications Inc. (NASDAQ: CHTR)
announced it will cover 100% of tuition costs for full-time
employees pursuing select degrees and certificates through the new
Charter Education Benefit powered by Guild. The program
will provide Charter's more than 101,000 employees with better
tools and support needed to start, continue or complete their
education, expand their skill sets and grow their careers with
Charter.
The Charter Education Benefit provides employees with
tuition-free access to a broad catalog of over 300 online programs
and degrees from more than 30 universities and learning providers
including eCornell, University of
Denver, Ohio University and
Spelman College. Charter also will
cover qualified program-related expenses such as books, supplies
and enrollment fees. Participating employees are encouraged to
pursue business-aligned programs in high-growth areas for Charter
including Operations Management, Marketing, Project Management and
Technology.
"Charter has always been a great place to build a long and
fulfilling career, for both those with and without college
degrees," said Paul Marchand,
Executive Vice President and Chief Human Resources Officer,
Charter. "Our employees earn competitive wages, receive
high-quality and affordable benefits and now, with the new Charter
Education Benefit, they can pursue a tuition-free college degree.
Creating meaningful opportunities for career mobility results in a
more knowledgeable workforce, which ultimately benefits our
customers as well."
The Charter Education Benefit is powered by Guild, a career
opportunity company that helps employers invest in their employees
through tuition-free education, career development and coaching. In
the last 12 months, learners enrolled in Guild's Learning
Marketplace programs were, on average, 2.2 times more likely to
experience internal mobility at their company compared to peers who
didn't use Guild.
"Charter is spearheading what it means to unlock career
opportunity in the communications industry, providing best in class
programs, support and resources for their employees to learn and
advance in their careers," said Rachel
Romer, CEO, Guild. "Guild is looking forward to partnering
with Charter on this strategic investment in their workforce."
Tuition Support That Works for the Workforce
In the fall of 2022, Charter nearly doubled its tuition
reimbursement program to $10,000 per
year at the college or university of the eligible employee's
choice, to provide even greater continuing education support to its
workforce. Now, through the new Charter Education Benefit,
employees also will have access to 100% tuition-free undergraduate
and associate degrees, as well as high school diplomas, college
prep, certificates and English language learning programs, without
being responsible for out-of-pocket tuition costs that may have
previously presented barriers for continued learning. Charter also
will cover up to $10,000 per year for
employees to pursue select graduate degrees, as well as
undergraduate degrees outside of the Guild catalog.
Industry Leading Wages, Benefits and Earning
Potential
The Charter Education Benefit is part of the company's continued
investment in a highly skilled workforce. Along with minimum
starting wages of at least $20 an
hour including target commissions, the company also offers
employees a market-leading retirement plan, with a 401(k) that
matches the first 6% of employee contributions, plus a Retirement
Accumulation Plan with an additional 3% company contribution, for
which most employees are eligible. In addition, employees
receive comprehensive health benefits, and for 10 consecutive
years, the company has absorbed the full annual cost increase of
medical, dental and vision coverage. Charter employees can also
receive complimentary and discounted pricing on Spectrum Internet®,
TV and Mobile services.
More information about the program is available at
charter.guildeducation.com.
About Charter
Charter Communications, Inc.
(NASDAQ:CHTR) is a leading broadband connectivity company and cable
operator serving more than 32 million customers in 41 states
through its Spectrum brand. Over an advanced communications
network, the Company offers a full range of state-of-the-art
residential and business services including Spectrum
Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum
Business® delivers the same suite of broadband products
and services coupled with special features and applications to
enhance productivity, while for larger businesses and government
entities, Spectrum Enterprise provides highly customized,
fiber-based solutions. Spectrum Reach® delivers tailored
advertising and production for the modern media landscape. The
Company also distributes award-winning news coverage and sports
programming to its customers through Spectrum Networks. More
information about Charter can be found
at corporate.charter.com.
About Guild
The Guild Career Opportunity
Platform™ enables forward-thinking employers to invest in their
employees, unlocking life-changing opportunities for personal and
professional growth through education and learning programs, career
development, and one-on-one coaching. Guild partners with the
nation's largest employers — including Walmart, Chipotle, Discover,
Hilton, Target, The Walt Disney Company, and healthcare systems
like Providence Health and UCHealth — to create cultures of
opportunity that will help them attract and retain top talent, and
build the workforce of the future. Guild offers a marketplace of
curated education and learning programs designed for the success of
working adults. Layered onto that is support, guidance, and
resources at every step to help ensure the new skills employees are
building translate into career pathways that are in demand at their
companies — all without paying for tuition or career services on
their own. For more information, visit guild.com.
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SOURCE Charter Communications, Inc.