The idea of educational budget
We at Factorial believe that every employee at our company should have the opportunity to continue their own education in order to actively work on their career. For this reason, we grant every team member an amount of 1,500 Euros every year to visit conferences, participate in workshops or take additional classes. With this budget we hope to provide support so that our team can thrive and engage with topics of interest that help us do better. Our team uses this opportunity in many different ways — and one example comes from Niklas, our Digital Marketing Manager.
Niklas spent the last six weeks to participate in two university classes at Copenhagen Business School and took the opportunity to move to the danish capital for this time period. Taking the classes two days a week and spending the rest of the days working part time for Factorial gave him the chance to extend his knowledge in two fields of Marketing, Integrated Marketing Communications as well as Introduction to Gamification and Behavior Management, without the necessity of taking time off or reducing his salary.