Walmart expands education program for workers ahead of controversial shareholders meeting

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Walmart expands education program for workers ahead of controversial shareholders meeting
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Walmart Inc said on Tuesday it is seeking to attract high school students by off...

WASHINGTON - Walmart Inc said on Tuesday it is seeking to attract high school students by offering them a low-cost path to a college degree and will expand an education program it started a year ago - in a new bid to draw workers in a tight labor market.

At the meeting, Sanders is expected to pressure Walmart to raise its wages and introduce a shareholder proposal calling for hourly associates to have a seat on Walmart’s board. Walmart, which is the largest U.S. private sector employer, with a nearly 1.5 million workforce, said it will cover the costs of tuition, books and fees while employees will be required to pay $1 a day for the duration of their studies.

It will also offer free ACT and SAT test prep, up to seven hours of free college credit, a debt-free college degree and a graduation bonus program of up to $1,500 for 5,000 U.S. workers who have not previously completed a college degree.

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