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McDonald's Is Turning Jobs into Degrees By Helping Employees Earn College Credits Just for Working The fast-food chain is working with community colleges to translate job skills into academic credits.

By Carl Stoffers Edited by Jessica Thomas

Key Takeaways

  • McDonald's is leading an initiative to have on-the-job skills recognized as college credits.
  • By converting work experience into college credits, McDonald's helps employees achieve better-paying and secure careers with less debt.
  • Despite the benefits, McDonald's faces challenges raising awareness about these educational opportunities and helping employees balance work with study.

In recent years, major employers like Walmart have advocated for on-the-job skills to count towards college credits to address the limitations of traditional college degrees and the high costs that deter many potential students. Now, McDonald's is piloting a similar program to emphasize the importance of higher education in the franchise industry.

Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

McDonald's is working with community colleges to translate essential job skills, like safe food handling and customer service, into academic credits toward degrees in hospitality or other areas. This approach enhances employee career prospects and attracts and retains workers in a competitive labor market.

The practical benefits are significant for both employees and employers. For employees, earning college credit for work experience makes higher education more accessible and affordable, enabling them to achieve better-paying, more secure careers with less debt. For employers like McDonald's, offering these educational opportunities reduces turnover, saves on recruitment and training costs and fosters greater employee loyalty.

Related: Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Earning a Spot In our New 'Hall of Fame'

However, the initiative faces challenges, including raising awareness among employees about these educational offers and navigating the complexities of balancing work with study. Despite these hurdles, McDonald's commitment to this innovative approach exemplifies a growing recognition that work and education must be integrated, setting the stage for a future where skills and experience are valued alongside formal degrees.

Read More: NPR

Carl Stoffers

Entrepreneur Staff

Senior Business Editor

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