Searching for an idea for an employee benefit that'll aid both you and your employees? Consider tuition reimbursement. Paying a percentage of the cost of any personal or business development course ensures success, since your employees now have a stake in a game that may not have been an option without your help. Before setting up a program of your own, consider the following aspects:

  • What you'll pay for
  • How much you'll pay
  • The employee's obligation
  • Scheduling flexibility

Excerpted from Entrepreneur magazine, May 2001