The Masters degrees have been specifically designed to maximize the benefits realised by companies sponsoring their employees to undertake the Masters. These benefits include:
Improved productivity and staff loyalty
The Masters degree is unique because passing industry examinations and achieving industry certification is an integral and mandatory part of the assessment process.
A recent survey conducted by International Data Corp (IDC) found that:
- 78 percent of companies experienced more productivity from their certified employees and 92 percent realized financial benefits by having certificate holders on staff.
- Both internal and external customers benefited from certification because it provided evidence of IT support staff’s qualifications and ability to perform according to recognized industry standards. Non-technical clients found this especially reassuring and IT support companies would be well served to emphasize that they have certified employees on-staff.
- Certified employees were found to display more loyalty, so employers experienced less turnover and saved money on training costs.
Demonstrated Return On Investment (ROI)
If companies are going to invest in the development of their staff, they are entitled to receive proof of what learning has occurred. The Masters Degree achieves this by ensuring that all facets of the course are subject to a rigorous assessment process. In addition, the mandatory requirement that all students achieve industry certification serves as independent validation that an individual has demonstrated the skills and abilities required to complete the certification program.
One of the major costs of training is the disruption, reduction in customer service and lost opportunity cost that staff incur because that are away from their job on training courses. This Masters Degree is designed to minimize employer costs because all study including workshops, is completed after hours or on weekends.
Improved company performance
Investments in work force training have long been tied to improvements in employee productivity, but the American Society for Training and Development (www.astd.org) now says training predicts a company’s financial performance. According to findings from a report of training outcomes at 575 publicly held companies that ASTD released last year, firms that invested $680 more in training per employee than the average company in 1996, 1997 and 1998 improved their total stockholder return by six percentage points the following year.