INB Supports Employee Education with Tuition Reimbursement Program
Kelley Himmelberg, PHR, SHRM-CP
/ VP, Director of Human Resources
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INB’s Employee Tuition Reimbursement program allows employees to go back to school without taking out more student loans, says Jenni Snow, Assistant Vice President of HR. “INB wants to invest in our employees to help them reach their maximum potential and pursue the career path they want to have.”
Through the program, full-time INB staff who have been employed for at least six months are eligible to receive reimbursement on up to two courses each semester that are related to business or banking.
Program Benefits Employee and Bank
Dylan Calhoon says he graduated in August 2021 thanks in part to the tuition program. He had some government assistance, but it wasn’t enough for him to finish his degree in IT security. “The program allowed me to finish up without debt.” It also allowed him to save some money each month which he used for a down payment on a house.
In return for helping with the expenses, INB has an employee who can help make sure there aren’t any vulnerabilities in the systems critical to the bank’s operations.
Dylan’s boss, SVP, Chief Information Officer Jeremy Frieburg, says, “Dylan’s drive to learn and complete his degree in IT Security has helped us expedite key enhancements to our security program. It has also freed up time for the rest of the IT department to better support our employees, which makes this investment in his education beneficial to the entire team.”
Guidelines for Reimbursement
Jenni notes employees need to get approval from a manager, after writing a short summary about why they want to take a course or two. Employees agree to commit to two years of employment after getting reimbursed – or pay back the remaining fee if they leave the bank before then.
“We’ve seen people get promoted because of the courses they take or degrees they earn.” And that’s the kind of outcome INB is proud to be part of.