| Employee Scholar Program
“Our goal is to have the best educated work force on the planet.”
UTC Chairman George David
Announcing UTC’s Employee Scholar Program
| Those words sum up UTC’s main reason for one of its best employee benefits and one of the most comprehensive employer-sponsored education programs in world.
The company pays all tuition, academic fees and books for those who achieve the required grades in courses that are part of a degree-granting program at a regionally accredited educational institution.
Employees can enroll in classes and obtain a degree in any field, whether or not it is related to their jobs. Students receive up to half of their classroom time as paid time off for studying, up to three hours per week.
|  | UTC further rewards its employee scholars when they graduate. Employees who attain a Bachelors or Graduate Degree will be awarded with their choice of the number of shares of UTC common stock equal to $10,000, or 500 stock options. Those who attain an Associate Degree will be awarded the number of shares of UTC common stock equal to $5,000, or 250 stock options.
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