McDonald’s Corporation (NYSE:MCD) Announces Partnership With General Assembly

Employees’ effectiveness doesn’t lie in their certificates, but how they do their job in the day to day life. In order to enhance the efficiency of its employees, McDonald’s Corporation (NYSE:MCD) had decided to enter into a partnership with General Assembly. As per the reports, the announcement was made at South by Southwest.

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Where Will It Lead To:

MCD and General Assembly have come up with a pilot program in which a small group of McDonald’s employees will be eligible to take part in a couple of GA courses. The best part of this partnership is that all those employees who will enroll themselves for the GA Courses will receive a monthly stipend from their company for the entire duration of the course.

As per the reports, all the interested MCD employees will have to go through an aptitude test to get admission in GA Courses. But once they clear their test, MCD will take care of them. It will allow them to work for lesser hours to study and also pay them reasonably well stipend in accordance with number of hours they work. As per the reports, the amount of the stipend can reach up to $5,000 per month. The primary objective is to increase the efficiency level of high potential candidates. Initially, the program has been started as an experiment, but the company can think of making it a regular program once it gets good results.

Atif Rafiq of McDonald’s Corporation (NYSE:MCD) says that once the program is over, employees will leave their current job for better opportunities, but that’s still a long way. Everything happened very quickly as the General Assembly’s advisors met him just three weeks ago and asked to coordinate with them to take this program ahead. He hopes that those who get through this program and decide to leave their current job will get jobs at companies like Google, Salesforce, or any other prominent brand.



Erica is a graduate of New York University's school of Journalism. She joined US Markets Daily as a general assignment reporter in January of 2008.