Edcor Enjoys Impressive Growth While Expanding Customer Diversity

Edcor, a long-time leader in education delivery, continues to see its growth plans exceed expectations.

TROY, MI, USA, July 14, 2022 /EINPresswire.com/ — Edcor, a longtime leader in education delivery, continues to see growth plans exceed expectations as the company adds 27 new customers or services to its ranks over the past 16 months.

Edcor’s push to add additional services and the need for companies to find ways to better meet the educational needs of their employees are generating positive results. Not only did Edcor add new customers, but they also come from a variety of industries, including manufacturing, financial services, telecommunications, healthcare, hospitality, transportation, and more.

“The difference between a company’s success and failure can be influenced by the training of its workforce,” said Adrienne L. Way, owner, president and CEO of Edcor. “We respond to the needs of businesses to ensure that their employees receive the necessary education and training that leads to long-term growth and fulfillment. »

Some of Edcor’s notable accomplishments this year include:
• 23% increase in the number of tuition clients, plus a 12.5% ​​increase in tuition claim volume;
• 60% increase in the number of Freedom customers;
• 70% increase in the number of stock market clients;
• 10% of clients added a second and/or third line of services, meaning that in addition to tuition services, they added freedom and scholarship services or both;
• 40% increase in the total volume of service applications;
• 17% increase in total turnover; and
• 10% increase in staff.

Some of the new industries joining Edcor’s list of customers include consumer staples, industrial supplies, and industrial services. The company continues to build a more diverse customer base, while maintaining and expanding its reach in areas where it currently has customers, such as healthcare.

These new customers run the gamut in terms of size, from Fortune 500 companies to technology-focused small businesses to community-focused small businesses.

“The companies we work with understand the value that educated employees bring to their organizations. Edcor ensures that the needs of the business as well as the workers are met, resulting in immediate and future benefits for both. Our clients understand that providing holistic educational benefits to those continuing their education and those who have completed their education is a valuable investment for their organization and their employees. ” Way added.

About Edcor
Edcor, a certified woman-owned company, is the benchmark for education benefits administration. For more than 40 years, our personalized services and software solutions have enabled customers to use education benefit programs, including tuition assistance and student loan assistance, for recruitment, employee retention and development. Additional information is available at https://www.edcor.com/.

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Joseph Rack
Fire Starter Marketing
+1 248-425-0409
[email protected]

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