"Many employers support ongoing training because they're aware of how valuable well-educated professionals with up-to-date knowledge of industry trends are," said Greg Scileppi, president of Robert Half’s international staffing operations.
The recruitment giant surveyed 270 Canadian CFOs and found that 68 per cent offered some form of financial backing to employees pursuing education – the same amount helped maintain credentials once earned.
In total, 31 per cent of employers said they cover all educational costs, 37 per cent said they cover a portion of the costs and 32 per cent admitted they cover no costs at all.
“For workers, keeping skills current is essential for career advancement,” said Scileppi. “Obtaining an industry-specific designation demonstrates commitment, and a willingness to take on new challenges and adapt to changing business needs."
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It seems funding further education is becoming less of a worry for many workers after a recent survey revealed the majority of Canadian employers offer financial support.