Starbucks is helping its full- and part-time employees earn college degrees through a partnership with Arizona State University's online program beginning this fall. The collaboration, touted as a “first of its kind,” will allow Starbucks’ employees to graduate debt free from ASU with no requirement to repay fees or stay on with the company.

“It seems clear that Starbucks is using this new program to target two of HR’s biggest challenges — attracting the best and brightest talent, and retaining that talent over time,” says Carol Sladek, partner and work-life consulting lead at Aon Hewitt. “Especially in a highly hourly workforce, the cost of turnover can be significant as new employees continually need to be trained and onboarded.”

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