Fidelity Investments today announced that it will offer fully funded undergraduate degrees to many of its employees, providing access to education for early-career customer service representativesi. The program will fully pay for tuition, books, fees, and taxes, providing a truly debt-free education for select four- and two-year programs.
Fidelity, which hired over 16,000 people in 2021 and is on track to exceed that figure this year, has increased its customer service organization by 127% over the past three years. This new program is an investment in the next generation of financial services talent and part of a larger expansion of Fidelity’s education benefits, making education and the most in-demand skills accessible to all.
“We are constantly evolving our benefits so that we can improve the long-term success of our associates and our customers,” says Megan Bourque, head of benefits at Fidelity Investments. “This new benefit will create growth opportunities for our associates and increase accessibility to higher education, something we’ve been focused on for years through our student-debt relief benefit.”