CORPORATE EDUCATION AND TRAINING
Amazon | August 03, 2022
Amazon is partnering with education organizations Beyond 12 and Kaplan to bring even more features to the Career Choice program - one of Amazon’s nine skills training programs. Career Choice already offers pre-paid college tuition to its more than 750,000 hourly employees. With these new partnerships, employees will have access to career coaching, college advising, and specialized career services free of cost. Through the expanded benefits program, employees will receive virtual one-on-one coaching to help them identify the academic programs that best fit their skills and long-term goals, as well as continuous support throughout their higher education experience.
Studies consistently show that expanding access to higher education is a proven way to create social and economic mobility for Americans. According to the U.S. Census Bureau, individuals with some college but no degree earn 18% more than their peers with just a high school diploma, while those with a bachelor’s degree earn 62% more.
However, numerous studies show that access to higher education is only the start, and that all too often students with the best intentions don’t finish their programs. Harvard University studies found that fewer than 40% of community college students earn a certificate or degree within six years of enrollment, and completion rates are even lower for minorities, older students, and part-time students. In fact, the Pell Institute found that only 9% of students with lower incomes earn a bachelor’s degree by their mid 20s, compared with 77% of their higher-earning peers.
That’s why Amazon is investing in programs to help employees get the guidance and coaching they need to be successful students free of cost. While financial constraints are undoubtedly a barrier for students, high-quality academic advising and career coaching improves academic outcomes—especially for lower-income or first-generation postsecondary students.
“While Career Choice has always been complemented by advisement services, feedback from participants has shown that more comprehensive and ongoing coaching would help employees choose programs better aligned to their career goals. We want Amazon team members to successfully navigate the challenges of going to school while working and ultimately use their new skills to find incredible opportunities, These partnerships with Beyond 12 and Kaplan are a game-changing enhancement to our program and the careers of Amazon’s employees.”
-Tammy Thieman, Global Director for Career Choice at Amazon
With these new partnerships, Amazon is envisioning an expansion of the Career Choice program - which has more than 80,000 total participants—that will encourage other employees to take the next step in skills training. Career Choice is designed to put employees on a path toward well-paying, in-demand professions with a coaching framework that empowers them along the way.
Participating in Amazon’s Career Choice Coaching program has been a valuable experience, To know I have a personal coach I can rely on, build a rapport with, and who is committed to helping me advance my career goals has been reassuring, saidCicero Vieira, an Amazon fulfillment center employee in Baltimore.
Beyond 12 is a national technology-based nonprofit whose mission is to improve the outcomes of students from under-resourced communities. The organization supplements live virtual coaching with a mobile app that guides students through activities, deadlines, and behaviors that lead to success throughout their education.
Eliminating the barrier of tuition is a tremendous benefit for Amazon employees, but postsecondary education completion gaps can’t be ignored, Our coaching program helps identify and address the systemic and structural barriers students face before those challenges lead them to drop out. We’re pleased to partner with Amazon to go beyond getting students ‘into’ college and focus on getting students ‘through’ college, saidAlexandra Bernadotte, founder and CEO of Beyond 12.
Kaplan helps prepare students for higher education by offering test prep, including for license and certification exams, while also offering degree programs, English learning, and pathway programs. Kaplan’s program with Amazon will connect employees to career services, such as networking, resume development, job interview preparation, and online brand building services, to enhance job placement.
Kaplan is committed to helping people succeed, and this exciting new partnership with Amazon builds on our proud legacy of changing lives and building stronger futures. We’re thrilled to be empowering so many thousands of hardworking employees at Amazon and look forward to being at their side until they’ve reached their educational and professional objectives, said Greg Marino, CEO of Kaplan’s North America division.
Smartria and Kitces.com | August 09, 2022
Smartria®, a powerful, easy-to-use cloud-based software solution designed to meet the specialized compliance management needs of investment advisors, compliance teams, operations teams, consultants, and attorneys, has announced a partnership with Kitces.com to provide online education content for CE credits through the Smartria platform to address the North American Securities Administrators Association’s (NASAA) Investment Adviser Representative Continuing Education (IAR CE) Model Rule. Kitces.com is home to the Nerd’s Eye View financial planning industry blog published by Michael Kitces, and a leading provider of advanced education for financial advisors.
“Smartria is proud to partner with Michael Kitces and Kitces.com, the preeminent industry thought leader in advisor education, We were very deliberate in our selection—we wanted to work with a partner who shared our vision of software as a partnership and was committed to helping us deliver a solution that meets our clients’ needs at scale. Smartria’s partnership with Kitces.com is a natural fit as we continue to innovate our compliance platform with new and distinctive offerings.”
-Mac Bartine, CEO of Smartria
Under the partnership, investment advisers who activate Smartria’s new IAR CE feature will gain instant access directly from the Smartria dashboard to all of the Continuing Education content provided by the Kitces.com Members Section, including not only the Nerd’s Eye View blog content, but Kitces white papers and webinars as well, which can fulfill both their new IAR CE obligation, as well as crossover CE credit for CFP certification, CPA licensees, Enrolled Agents, and advisors with advanced designations from the Investments and Wealth Institute and the American College. Future integrations under the partnership will facilitate automated firm-wide tracking and reporting in Smartria of all an investment adviser’s Kitces-earned IAR CE credits for all of their team members, to ensure annual compliance as additional states pass the NASAA Model Rule and implement their own IAR CE obligations in the coming years.
As financial advisors, we’re already subject to a myriad of overlapping rules and regulations, and overlapping Continuing Education obligations, and so as soon as the NASAA Model Rule was finalized last year, we began the process to qualify our Kitces.com educational content for IAR CE in addition to all of the other financial advisor licenses and designations we already covered, With CE demands continuing to rise, we’ve been developing our own systems to be able to better integrate with existing advisor platforms to facilitate multi-designation CE, and we’re thrilled to have the opportunity to work with Mac and the rapidly growing Smartria team to power their IAR CE solution, as our first CE integration partner,said Michael Kitces, Chief Financial Planning Nerd at Kitces.com.
NASAA’s Model Rule was announced on November 30, 2020. Under the rule, an investment adviser representative is required to complete 12 CE credits annually to maintain their IAR registration. The rule applies to all registered IARs of both state-registered and federal covered investment advisers. Compliance begins with existing IARs and newly registered IARs in states that have adopted the model rule as of Jan. 1, 2022, which currently include Maryland, Mississippi, and Vermont.
Smartria is a leading compliance software platform for RIAs, hybrid RIAs and RIA networks. The firm’s software excels at making the complex and often frustrating world of regulatory compliance simple to manage and easy to understand. Smartria’s unique roles for compliance consultants and distributed management of large corporations make its solution able to handle any compliance problem for any sized company. For more information, please visit www.Smartria.com.
Kitces.com publishes the #1 financial planning industry blog, Nerd’s Eye View, and provides a wide range of advanced educational content for financial advisors through both nerdy long-from educational articles, research white papers, in-person and virtual live events, on-demand and livestream webinars, and online courses. The Kitces.com Members Section provides continuing education credits for a wide range of financial advisor licenses and advanced professional designations, including CFP certification designations from the Investments & Wealth Institute and American College, CPE for CPAs and Enrolled Agents, investment adviser representative (IAR) CE obligations, and more.
CORPORATE EDUCATION AND TRAINING
Bechtel | July 18, 2022
Bechtel has donated an additional £50,000 to the Institution of Engineering and Technology for its Launch Scholarship programme in celebration of the company's 70 years in the UK. The Launch Scholarship supports engineering students, degree apprentices, and apprentices who have faced financial challenges or personal obstacles. Bechtel's donation will support at least eleven students every year for the duration of their education. The donation adds to the £680,000 (US$970,000) that Bechtel has gifted to the IET for its Science, Technology, Engineering and Mathematics educational outreach over the past decade."Bechtel has been a valued partner of the IET for almost a decade, including our founding sponsor for the FIRST® LEGO® League, said Sir Julian Young, IET president. This year's additional donation will enable us to support even more young people on their academic or apprenticeship path into engineering. We thank Bechtel for its continued support of the next generation as they each pursue their dreams.
"Engineering is a fulfilling career that helps tackle some of the world's biggest challenges, including diversifying our energy supply and achieving net zero. We need people from varied backgrounds to help us find the best solutions,We hope that this support will remove some of the obstacles that talented people can face in earning the qualifications needed to join our industry."
-John Williams, Bechtel's UK and Ireland managing director.
Bechtel has supported the IET since 2013, including as a founding supporter of the FIRST® LEGO® League competition that enables young people between the ages of 4-16 years old to develop STEM skills through hands-on learning. Some 100,000 children have participated in the UK program with over 15,500 children participating in 2020-21 competition. Bechtel also supports FIRST® programs in Australia, Chile, and the United States. Read more about FLL in the UK here.
Bechtel's 70th year in the UK coincides with Her Majesty the Queen's Platinum Jubilee, and earlier this year it celebrated the opening of a new railway named in her honor, the Elizabeth Line, through central London. The company's global infrastructure business is headquartered in the UK, from which it has directly supported projects across the UK, Ireland, Europe, Africa, and the Middle East, accelerating progress, creating access and opportunity, building a path to net zero, and protecting people and our planet so that future generations thrive.
Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.Bechtel serves the Energy; Infrastructure; Nuclear, Security & Environmental; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com
About the IET
We inspire, inform and influence the global engineering community to engineer a better world. We are a diverse home for engineering and technology intelligence throughout the world. This breadth and depth means we are uniquely placed to help the sector progress society. We want to build the profile of engineering and technology to change outdated perceptions and tackle the skills gap. This includes encouraging more women to become engineers and growing the number of engineering apprentices. Interview opportunities are available with our spokespeople from a range of engineering and technology disciplines including cyber-security, energy, engineering skills, innovation, manufacturing, technology, transport and diversity in engineering.