Do companies encourage employees to take up part-time degree?

It's great that you're looking to upskill while working! Keep up the hustle :)

As for which company to look for, it really depends on the industry. Consider sending out job applications first, before working out an arrangement that suits both you and your prospective employer!

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Companies do not usually have the clause to say whether they encourage employees to take part-time degree. I would think that it is more of a conversation you need to have with your reporting manager.

Work out an arrangement that works best for you and your company.