MGM Resorts International has announced its intention to introduce an enhanced College Opportunity Program, alongside expanded educational benefits, to its employees across the United States.
Teaming up with the Nevada System of Higher Education (NSHE), MGM is to seek approval from from the Board of Regents on September 7, for a program designed to “make education affordable and accessible for its employees in Nevada and throughout the country”.
MGM states that its College Opportunity Program is designed to strengthen its “commitment to professional development,” via the offering of an online education through NSHE schools, free of charge for all credit hours, to is employees.
Detailing the partnership with the NSHE, the organisation stated “by offering up several no-cost opportunities for entry and promotion into the middle class workforce, this historic partnership will also further the work of the MGM Resorts Public Policy Institute at UNLV, which is examining the future of work in the United States.”
Delivering “high quality educational opportunities” for MGM employees in Nevada and beyond, schools included in the program are University of Nevada Las Vegas, University of Nevada Reno, Nevada State College, Great Basin College, Western Nevada College, College of Southern Nevada and Truckee Meadows Community College.
Additional information regarding the new program is to be made available following the upcoming meeting in Reno early next month.
Jim Murren, chairman and CEO of MGM Resorts, explained: “As the American workforce continues to evolve, I believe in higher education as a pathway to the middle class. MGM Resorts is committed to expanding those pathways and investing in its employees and communities in which we operate.
“We are focused on reducing the financial burden on our employees while increasing access to professional growth opportunities.”
This comes as MGM also announced plans to increase its tuition assistance benefit to a maximum of $4,000 per year, effective from January 2019.