Corporations and foundations continue to develop scholarship programs that offer substantial amounts of money to those that qualify. More and more are offering training seminars and reimbursement programs as part of their benefit packages. Education is seen as one of the wisest investments a company can make. These programs develop from the specific needs of the workers in their direct work environment. Information and skills gained from on-site instruction are to be used directly and immediately on the job.
Technological changes can affect every level of a company.
Workers need to increase their skills as technology advances. Companies that invest in on-site training of current employees save themselves the time and money of hiring new employees with updated skills. Workshops addressing managerial concerns are generally targeted to people already in managerial positions. On-site resources may include videos, training libraries and computer support, as well as a variety of materials or personnel intended to augment the skills of employees. Because of the direct applicability, low overhead and flexible duration, on-site programs are often very attractive to employers.