After the US Congress cut the corporate tax rate from 35 to 21 percent in December, the airplane manufacturer Boeing announced that it would spend $300 million of its tax savings on corporate giving and employee programs, including a $100 million investment in learning and development over the next several years. The company is deciding how to structure that investment based partly on an internal survey, which found that 39 percent of Boeing employees wanted better technical development and 29 percent wanted new skills for jobs affected by new technology.
Now, we’re starting to see how Boeing is spending that money. The company announced several new education initiatives this week, focused on digital skills development and diversifying the company’s talent pipeline, GeekWire’s Alan Boyle reports:
The initiatives include a partnership with Degreed.com to give employees access to online lessons, certification courses and degree programs. Another initiative will put $6 million into a partnership with the Thurgood Marshall College Fund and several historically black colleges and universities. That investment will support scholarships, internships and boot-camp programs to help students experience what it’s like to work at Boeing, the company said.
There’ll also be several new programs to help Boeing employees enhance their technical skills and keep up with industry trends. The focus of the first program will be digital literacy, Boeing said.