How to Convince Your Boss to Fund Your Bootcamp

How to Convince Your Boss to Fund Your Bootcamp

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Just because you are working full-time doesn’t mean that you can’t keep advancing yourself. Level’s part-time data analytics bootcamp is a great way for working professionals to get ahead by mastering a valuable data analytics skill-set. Many companies have education reimbursement plans for their employees which cover some of the tuition costs of a bootcamp. Even if your company isn’t one of those, here are six reasons why your boss should want you to take Level bootcamp.

Empowered employees are happy employees.

There’s evidence that, by investing in you, your boss can make you a better, more motivated employee. Employees who are learning are also more likely to be champions of your company, and to pass on learnings to colleagues– and that’s good for both of your bottom lines!

You will solve your company’s problems as homework.

Level is industry-driven and based on practical applications. You can even do a capstone project with your current employer, where you work on a real-world data analytics problem that will allow you to put your skills into practice while adding value to your company.

Analytics can increase efficiency in any department.

Better data reverberates across every department of a company, increasing efficiency in marketing, finance, facilities management, human resources, and all the way up to the executive level. When the whole company understands how data can help improve their workflow, they are not only more efficient, but can free up technical staff and share knowledge across departments.

Your schedule won’t be compromised.

Level’s part time bootcamp offers flexibility for the working professional. The 10-15 hours a week of online coursework can be done at your own pace, so that you can structure it around crunchtime for your company. Occasional in-person classes are scheduled for evenings and weekends over the course of the 20 week bootcamp.

Educating employees keeps HR costs low and morale high.

A 2012 study by Matthew Bidwell, an assistant professor at the University of Pennsylvania’s Wharton School, found that outside hires get paid 18% to 20% more than internal employees do for the same job, but they do worse on performance reviews for their first two years on the job. It can end up being better for your employer’s wallet and the overall productivity of their company to invest internally rather than looking for outside hires.

When all else fails, use data!

If your company offers tuition reimbursement, they may initially  wonder whether they’re getting value for their assistance. But according to a 2013 study by McKinsey, using data and analytics in your business bumps your productivity rates and profitability by 5 to 6 percent. And companies that heavily use data in their marketing and sales decisions can boost their marketing return on investment by 15 to 20 percent. That means significantly more profits over the long term by investing in your analytics skills, especially if you can teach them to others in the company. (And remember for yourself that some of the assistance they provide can be deducted from your taxes).

Ready to talk to your boss? Download our toolkit that includes a template letter to send right to them!

Apply to the Level Internet of Things program now!

 

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