Scott Rasmussen's Number of the Day for June 4, 2018
The Number of the Day columns published on Ballotpedia reflect the views of the author.
June 4, 2018: With unemployment low and companies looking for new ways to retain employees, Walmart announced that it will heavily subsidize college tuition costs for any of its 1.4 million U.S. employees.[1]
The workers will only have to pay a dollar a day for the courses they take to earn a business degree. Courses can be taken online or in person at one of three colleges—the University of Florida, Brandman University, or Bellevue University.
Earlier this year, Walmart increased its entry-level pay from $9.00 per hour to $11.00.
CNBC notes that this program is being introduced as companies “face a tighter labor market, and competition for the best talent is intensifying.” Walmart is far from alone in seeking to offer employees a better deal. “Chains like Starbucks and Chipotle have started offering similar education perks to get workers to stick around.”[2]
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- June 1, 2018 – 12 U.S. cities use ranked-choice voting
- May 31, 2018 – 35 percent of consumers say “vegan” label makes products less appealing
- May 30, 2018 – 61 percent of young adults watch television primarily through streaming services
- May 29, 2018 – 2 NHL teams have reached Stanley Cup finals during their first season
- May 28, 2018 – 103 years of Memorial Days before Congress made it official
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Columns published on Ballotpedia reflect the views of the author.
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