canadian tire employee scholarship program

The funding for these awards is split between former executive John Williams, who retired from Fairmont Hotels & Resorts in 2008 after a 45-year career, and Fairmont. Some are shared by the donor and matched by the organization, such as the John Williams Scholarship Program which gives outs two annual one-time scholarships of $5,000 (U.S.) each for postgraduate study to children of full-time employees of Fairmont Hotels & Resorts. Often established in honour of or by past leadership, scholarships range from a few awards in smaller companies to highly organized outsourced international programs that bestow as many as 100 awards each year. The company's academic award of up to $1,000 an academic year renewable for a maximum of four years is based on the company premise that 'not only are our employees valuable but so are their children.' As a smaller company with fewer than 4,000 employees, the number of scholarships they give varies from year to year. The Miller Group, a road construction company in Markham, Ont., established a postsecondary education award in 1995 after asking staff, 'What is your greatest accomplishment?' One common answer among those with children was 'my kids,' so the company felt that the best way to recognize their employees was by celebrating their children.

While the number of awards and amounts vary widely, the scholarships demonstrate that firms are becoming increasingly aware of what matters to employees. More than 20 companies on this year's list are now offering scholarships ranging from one-time $1,000 awards to renewable four-year awards totalling $20,000. It shows that a company representing Canadian identity believes in the success of its young community.'įor many of the 95 GTA Top Employers, postsecondary academic scholarships for the children of employees have become more important as the Canadian work force ages, their offspring reach university age and postsecondary education becomes more expensive. 'I think this kind of encouragement goes beyond a dollar sign. 'Because the scholarship is continuous, I can focus more on my studies and not on where I'm going to get my funds,' Ms.

To cover the rest, she has an RESP set up by her parents, an ongoing summer job at a marina and student loans. McKellar says the $2,500 she receives each year pays nearly a third of her tuition costs.

Canadian tire employee scholarship program