There are plenty of companies that subsidize training, yet few take the step of setting up their own degree. But that’s exactly what KFC has done in the UK.
The international fast food chain has invested £600,000 ($947,000CAD) in a BA honours programme through De Montfart University in Leicestershire.
KFC has committed to pay half of the £9,000 fee for the three year course for 60 of its managerial staff over the next five years. The staff members will take classes at De Montfart in addition to in-house training at KFC. The degree is set to allow them the flexibility to work up to 45 hours while studying.
“We’re committed to investing in the training and development of our people, not just to enhance their skills but to help them to progress in their careers,” James Watts, vice-president HR at KFC UK and Ireland, said.
“We believe that the degree gives us the chance to reward some of our best performers who perhaps didn’t get to go to university the first time round. The flexibility of the course means that our employees can still earn money as a restaurant manager while obtaining a respected and meaningful qualification,” he added.
Professor David Wilson, deputy vice-chancellor and dean of business and law at De Montfort University, said the university was adapting its skills and services to match the needs of business.
“This is an important new contract for De Montfort University and we are delighted to have this opportunity of working with such a major player in the global restaurant market," he added.
In 2010 McDonald’s launched a two-year foundation degree for managers combining classroom learning and on the job training.
Have your say
Do you think taking maternity leave marks the end of a woman’s corporate ladder climb?
Online gaming: the key to wellness?
Three reasons to subsidize childcare
Drop an F-bomb? HR limits promotion of potty mouths
Canadians like a little love in the workplace
BYO Baby? UK company lets parents keep kids at desks
Legal eye: Can you ask staff to take a psych evaluation?
10 hardest jobs to fill