The retail chain has made a major decision that Target, Costco, Kroger, and others may have to follow, which workers (and shoppers) will love.
In an ideal world, employers in the service, restaurant, and retail industries would see many of their employees work their way up the system. That's a benefit because when a worker starts in an entry-level job and works their way up to management they have a unique understanding of the company.
Many workers, however, do not have the time to go to school, while working a full-time job even with most companies offering online-only options. Those workers who can't or don't want to get a four-year degree are learning how their companies operate and gaining skills that would benefit them in management jobs.The rising cost of college has forced companies to examine whether jobs that have traditionally required four-year degrees should keep that requirement.
On its website, the company described Reece Niblett, an employee who had worked in its fulfillment centers, driven a truck, and served in the Marines. That employee may not have a college degree, but he has a unique skill set that could be equally valuable. Walmart has made over $140 in philanthropic investments over the last five years to build skills-based systems beyond the company. Now, the company is turning those efforts inward.
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