Final answer:
Practices like providing financial assistance for formal education are associated with Tuition Reimbursement, which is part of broader Employee Development initiatives.
Organizations invest in training and development, including tuition reimbursement, to enhance their workforce's skills and promote career advancement.
Step-by-step explanation:
Encouraging development using formal education and providing financial assistance to accomplish educational goals are practices associated with Tuition Reimbursement (Option C).
Employee development involves a range of activities provided or sponsored by employers to help foster the growth of their employees.
These can include formal education, in which employers may offer tuition reimbursement as an incentive or support measure for employees seeking to enhance their knowledge and skills.
In today’s competitive job market, businesses increasingly invest in the training and development of their workforce. Employers expect employees to continue building upon their expertise and may provide avenues such as training programs, special projects, committees, and the opportunity to engage in volunteer work.
These development opportunities are essential for career progression and can be crucial for individuals wanting to change their career path or seeking upward social mobility.
Supplementing teacher salaries, tuition payments, and resources for job-retraining programs are examples of investments in human capital that governments and organizations make.
By supporting the continuing education of adults, either through direct payments for educational courses or by offering tuition reimbursement programs, employers contribute to the upgrading of skills, knowledge, and overall human capital within their organization.