Education at Work Partners with Intuit
Education at Work Partners with Intuit Education at Work is excited to announce the new partnership with Intuit, a global financial technology platform which provides tax and financial planning services. Intuit is a global financial technology platform that provides tax and financial planning services to over 100 million customers. Intuit announced its partnership with Education at Work, a nonprofit organization that connects college students to top employers. The Intuit partnership will help students gain valuable experience and knowledge in tax, accounting, and financial services. These students will be able to earn money to offset their college expenses. Intuit will benefit from this partnership by proactively offsetting the talent shortage within the industry by cultivating a talent pipeline of knowledgeable, hard-working students. The Intuit program will launch within the fall 2024 academic semester for undergraduate students at Arizona State University. Students can earn up to $5,250 in tuition assistance while working in the program. Up to 60 students will work with Intuit’s TurboTax business in flexible, part-time roles. This setup allows students to pursue a degree, receive tuition assistance, and gain resume-worthy experience working alongside a major company. The Intuit program is recruiting Arizona State University students to work as Intuit Product Experts. Product Experts will concentrate on delivering exceptional customer service by demonstrating effective communication in a business-environment, proactive problem solving, dependability and a strong work ethic, adaptability, flexibility, and teamwork. Jane Swift, president of E@W, states her awareness of the difficulty of working while in school. She states that “for too many college students, work is more of a burden than it is a benefit. We’re transforming this outdated model by offering students career opportunities that are not only financially lucrative but also professionally impactful.” E@W strives to develop successful talent pipelines for clients such as Intuit. Based on job performance, E@W students can transition into Intuit’s Expert Network, connecting tax experts with consumers and small businesses. Recent trends have shown an industry-wide critical shortage of tax and accounting professionals. Senior Vice President of Intuit’s Expert Network, David Graham, states that the new program will help Intuit strengthen its talent pipeline by enabling tax and accounting jobs to be more attractive and accessible for a diverse group of students. Recent economic trends show growth within the talent gap as industry professionals retire and exit the workforce. With a new, younger population entering the workforce, the demand for early-career accountants, tax preparers, and advisors is growing. Education at Work emphasizes work-based learning, early talent development, and creating a successful talent pipeline. With this shortage observation, E@W has partnered with Intuit to acknowledge and strengthen the talent pipeline by creating pathways to careers in tax and accounting. Working with Intuit will provide college students with skill-building and networking capabilities in the tax industry. As students earn tuition assistance, they receive valuable experiences that set them up for future success. Upon entering the workforce, specifically in the tax industry, students are prepared to embark on a career pathway that can potentially move them toward becoming a Tax Expert. In the interim, Glassdoor reports Intuit’s total salary range for their Tax Specialists, a position option potentially obtained prior to Tax Expert. Intuit Tax Specialists can earn between $45K – $71K per year, with a median yearly salary of $56K. With advanced experience in the tax industry comes the opportunity to become a Credentialed Tax Expert. According to Glassdoor, this position reports an hourly pay range between $38-$60 per hour, or a $47 per hour median pay. The reported median pay of $47 per hour matches a yearly salary of approximately $90K. Comparatively, the Arizona State University Provost reports a median undergraduate full-time wage of $55K per year, which falls just under the median pay for Tax Specialists. Overall, the Intuit program enables ASU students to excel in a competitive, well-paying industry by gaining experience early as a student. The Intuit program will not only provide students with tuition assistance and hourly pay. Product Specialists will receive a “head start” in the tax industry as they build skills, gain experience, and receive networking opportunities as undergraduate students. This program builds on over a decade of collaborations with E@W and public universities. Since its creation in 2012, Education at Work has partnered with schools such as Arizona State University and the University of Texas at El Paso. Additionally, E@W has proudly awarded nearly 8,000 students over $107 million in tuition assistance and wages combined. Participating students are 25% more likely to graduate from their institution and to do so with 40% less student debt compared to their institutional peers. 75% of the participating students identify as students of color, and 50% are first-generation college graduates. Sources: Education at Work. (n.d.). Intuit product expert. Lever. Retrieved September 19, 2024, from https://lever.co Expert careers. (n.d.). TurboTax Live business | Tax preparers. Intuit. Retrieved September 19, 2024, from https://intuit.com Graduation and employment. (n.d.). Office of the University Provost | ASU. Arizona State University. Retrieved September 19, 2024, from https://asu.edu Intuit tax specialist salaries. (2023). Glassdoor. Retrieved September 19, 2024, from https://glassdoor.com 11 tax-related careers (with salaries and duties). (2023). Indeed.com. Retrieved September 19, 2024, from https://indeed.com Tax associate salary in 2024. (2024). PayScale. Retrieved September 19, 2024, from https://payscale.com U.S. Bureau of Labor Statistics. (n.d.). Accountants and auditors. Occupational Outlook Handbook. Retrieved September 19, 2024, from https://www.bls.gov/ooh/business-and-financial/accountants-and- auditors.htm#tab-6 Learn More