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In france, companies all pay quite a lot of money to some fund. The fund’s purpose is to finance employee education if they want to switch careers. For instanc
by globuous 7y ago
In france, companies all pay quite a lot of money to some fund. The fund’s purpose is to finance employee education if they want to switch careers.
For instance, my friend was a mechanical engineer at Total, and after 3 years left to go study ML 1 year. Not only was the school all paid for by this fund, but the now student got a decent share of his salary everymonth. Best of best, he can go work for another company after his degree without any problem.
I thought that was a great idea. Although in practice, not every one is eligible to this particular program. I forgot how its called, CIFRE maybe
this particular degree isnt paid for by the government like the rest french education. Although it is taught at a very famous engineering school in france
- yoz-y 7y agoThe name got changed several times. CIFRE is a PhD course paid for by a company and subsidized by the state. So you get to do real work and get a PhD. The thing you are thinking about is probably Compte Personnel de Formation (CPF) which was called Droit Individual à la Formation (DIF) a few years back. Note that this is not some incredible sum of money, however a year in a classic STEM university costs a few hundred euros in France, so what you get from CPF is quite enough. For five years of engineering school I spend about 3500 euros which included insurance. A full pension with private room costs a bit more than 300 euros per month. The difference with US education prices is just staggering.