Fidelity to pay 100% of college tuition and books for its entry-level employees

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Fidelity to pay 100% of college tuition and books for its entry-level employees
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Fidelity is following a path blazed by Amazon, Walmart and other companies looking to attract and retain workers with higher education perks.

Fidelity, which has a campus in Westlake, said it will pay for college tuition, fees and books for its entry-level customer service representatives.The company said Tuesday that it will pay for an undergraduate degree for its entry-level customer service phone representatives concentrated at its regional centers as a way to attract talent in an increasingly competitive labor market.

Fidelity, which employs more than 60,000 people, is hoping the perk creates a talent pipeline, bringing in employees who might not have considered a financial services career. The Boston-based financial services company said it will pay for tuition, books, fees and taxes for four- and two-year programs that “align with Fidelity’s business and the financial services industry.” Applicants who are accepted will receive free coaching to help them pick a school and degree.

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