Billionaire Tom Siebel Is Offering His Employees The Most Generous Education Benefit Ever - Susan Adams, Forbes

Tom Siebel, 66, whose fortune Forbes pegs at $2.9 billion, is announcing today that his company, C3.ai, will cover the total cost for employees to earn a master’s degree in computer science online. Those who complete the degree get three more big perks—a $25,000 cash bonus, a guaranteed 15% raise and a stock grant. “In this new economy where people are talking about digital transformation,” says Siebel, “for companies to stay at the top of their game they need to have state-of-the-art continuing education programs.” Siebel got his own master’s in computer science from the highly ranked program at the University of Illinois at Urbana-Champaign, the school where his employees can earn the same degree. https://www.forbes.com/sites/susanadams/2019/06/05/billionaire-tom-siebel-is-offering-his-employees-the-most-generous-education-benefit-ever/#3f3274683af9