Negative Message

Name
Professor
Subject
Date
Negative Message
February 10, 2018
Director of Human Resources,
First Federal Bank,
611 East College Street,
Dickson TN 37055.
Dear Sabrina Sparks
Thank you for the recent tuition reimbursement request. First Federal Bank appreciates your efforts as you always do what is right for the company. However, it is unfortunate that after carefully reviewing your request, the company feels that the tuition reimbursement program cannot be implemented at the moment.
Currently, the company is facing stiff competition, and our profits are rapidly sinking. As you are aware, a tuition reimbursement program requires a significant amount of money to run as it involves other activities such as monitoring and record keeping other than the cost of tuition and books. On average, each employee requires an allocation of more than two thousand dollars per year (Cherry 3). Hence, the company would require more than four hundred thousand dollars to sponsor the two hundred employees working at First Federal Bank which is burdensome at the moment.
Although the tuition reimbursement program is a valuable recruitment tool, the CEO is not convinced that implementing it would bear direct benefits to the company. He feels that it would be impossible for employees who attend classes to pass the skills they acquire to those who do not get the opportunity. Furthermore, he feels that creating the program would force the company to schedule some employees extra hours to compensate those who will be attending classes.

Consequently, this would increase the costs which the company is trying to reduce. However, this does not imply that the company does not value its workforce; rather it is because of the budget constraints the company is facing.
I am sorry that the company’s response could not have been favorable. However, I will push the CEO to consider your request once the company’s financial status recuperates.
Yours Sincerely,
Name

Work Cited
Top of Form
Cherry, T. “Benefits Rejuvenating Tuition Reimbursement Programs Expert Advice on How to Set Up an Effective Educational Assistance Benefit.” Hr Magazine. 59.6 (2014): 78. Print.Bottom of Form