Continuous learning is an important aspect of working at Pekin Insurance. That’s why we invest in our employees through tuition reimbursement.
The thought of returning to school may be daunting for some employees working full-time with families to take care of at home. Continuing education can be so beneficial for your career, though, that tuition reimbursement is definitely an employee benefit worth looking into! I completely understand the obstacles you might face; at the age of 39 with an 11-year-old son, I decided to return to school. I had about 21 credit hours completed from the first time I attended college. Surprisingly, over 20 years later almost all of those credit hours were transferrable. Learning has also been so much more enjoyable the second time around because I was able to relate lessons learned to the world I’ve been working in.
It’s no secret that smart, capable employees are highly desired. Pekin Insurance knows what it takes to attract top talent, which is one reason why they offer $5,000 per year in tuition reimbursement. On average, a college course costs approximately $350-$800 per credit hour depending upon your school of choice. I chose to attend the University of Illinois at Springfield, which offers a 100% online Bachelor’s in Business Administration degree. I was even able to complete an internship project while working full-time here at Pekin Insurance. My experience during the internship has been an amazing opportunity to practice theory and contribute toward the effectiveness and success of a new system implementation in the Financial Products Department.
By taking advantage of tuition reimbursement, I don’t need to worry about paying back student loans. In fact, I feel I have received a significant pay increase when I use all $5,000 each calendar year. Sure, I had to pay the tuition upfront, but I will get back all my tuition, plus the cost of books and labs, provided I pass each class with at least a final grade of C. (Additional rules and restrictions do apply, and the amount is subject to periodic changes at the discretion of Pekin Insurance.)
With the right planning and financial resources, going back to college to earn your degree is possible. In addition to tuition reimbursement, you may qualify for federal and/or state assistance. Even as a non-traditional student, you can still qualify for scholarships! My personal goal is to graduate in December 2018 with a Bachelor’s in Business Administration – Management concentration and a minor in Management Information Systems. There is no doubt that going back to school will be time-consuming, and you must manage your time wisely. However, the end result will open doors to opportunities within your reach at Pekin Insurance, so get started now!