Although Rocket Central had a tuition reimbursement benefit, participation was extremely low. Financial barriers to education were too high, and the enrollment process was manual and tedious. As a result, the company undertook a larger strategic initiative with Guild to provide equitable career growth opportunities for all team members while supporting priorities of the business. Program participation soared.
increase in participation within 16 months of switching from tuition reimbursement to tuition-free education
500%
KimArie Yowell, Chief Learning Officer