In short
Companies that pay for training include hospitals that train nursing assistants and sterile processing techs, trucking companies with CDL programs, utilities and manufacturers with apprenticeships, and many employers with tuition assistance. Employers can give up to $5,250 a year in educational assistance tax-free to employees under IRS rules. Ask whether you must stay a set time afterward.
Three common types
Tuition assistance
Your current employer pays part of your tuition, often up front or as reimbursement.
Train to hire
An employer pays for your training if you agree to work there, common in trucking and healthcare.
Apprenticeship
You are hired and trained on the job with classes, as listed on Apprenticeship.gov.
Questions to ask
- Do I have to repay the training if I leave early? Over what time?
- Is pay during training lower than regular pay?
- Will the credential be mine to use anywhere?
Questions people ask
Is employer-paid training free?
Usually free up front, but many programs require you to stay a set time or repay.
Which industries pay for training most often?
Trucking, healthcare, utilities, manufacturing and the skilled trades.
Is employer tuition assistance taxable?
Up to $5,250 a year can be excluded under IRS rules for qualified programs; see IRS Publication 15-B.