CareerBuilder and Capella to Launch First-Of-Its-Kind Program

to Re-Skill And Up-Skill Workers For Higher-Paying Jobs In
Less Than Three Months
Big Data and competency-based education unite in the RightSkill(SM) program--an
exciting new initiative that connects learning and real-world employer
demand to help close the skills gap

(EMAILWIRE.COM, March 18, 2016) Dallas, TX and CHICAGO, Ill. -CareerBuilder®and Capella Education Company, (NASDAQ:CPLA) today
announced an exclusive partnership to offer a program called RightSkill℠ that
aims to fill talent gaps for employers and help job seekers advance their
careers. Set to launch this spring, the collaboration represents the first time
that real-time labor data will be paired with competency-based education to
design educational programs directly aligned with the needs of employers – and

it comes with an unprecedented guarantee that is a huge win for participants.
A leading provider of HR software as a service with one of the largest online job
sites in the U.S., CareerBuilder works with employers around the world. The
company has the largest repository of historical and real-time labor market
data, and can make up to 10-year predictions around job growth and labor
trends.
Capella Learning Solutions, a subsidiary of Capella Education Company, will
leverage CareerBuilder’s deep labor market intelligence to design online
learning experiences in high-demand fields such as web development and
information security that are tightly coupled with the specific competencies
desired by employers. The programs are designed to be completed in less than
90 days at low cost – money that will be refunded to the job seeker if they
don’t find placement with an employer within 90 days of completion in the
designated field.
CareerBuilder will leverage its strong ties with top employers to help place
candidates with appropriate firms, providing employers with in-demand talent
and providing job seekers with opportunities to land higher-skill, better-paying
jobs with meaningful career advancement opportunities.
“Millions of people in the U.S. are out of work, yet nearly half of employers
have jobs they can’t fill because they can’t find qualified candidates1,” said
Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation.
“Our RightSkill program will provide an affordable means to re-skill or up-skill
workers in a relatively short period of time to help bridge the growing talent
gap in our country. Raising skill levels will by default increase the incomes of
individuals, their families and communities, and help to unlock the potential of
the American workforce.”
According to a national Harris Poll survey of more than 2,300 employers,
commissioned by CareerBuilder, 63 percent said they are concerned about the
skills gap. Half of employers have experienced a negative impact on their
business due to extended job vacancies with 25 percent reporting a loss in
revenue and 43 percent pointing to lower productivity.
“Employers and students are demanding faster, lower cost pathways to indemand skills,” said Kevin Gilligan, Chairman and CEO of Capella Education
Company. “Our RightSkill program is designed to align directly with the
expectations of employers. CareerBuilder is providing us with insights that will
enable us to design non-degree programs very close to real-time, and provide
students with unprecedented transparency about what they can expect for
their investment of time and money. This partnership represents the most
direct path between learning and employment.”

A pioneer in the field of competency-based learning, Capella Education
Company has developed a range of non-degree, corporate and accredited
programs, includingFlexpath, whichwas among the first higher education
institutions approved by the U.S. Department of Education to move beyond
“seat time,” to help career advancers save money and accelerate degree
completion.
1 and 2 – Harris Poll survey, commissioned by CareerBuilder, of 2,338 hiring and
human resource managers across industries and company sizes between
November 4 and December 1, 2015.
About CareerBuilder®
As the global leader in human capital solutions, CareerBuilder specializes in
cutting-edge HR software as a service to help companies with every step of the
recruitment process from acquire to hire. CareerBuilder works with top
employers across industries, providing job distribution, sourcing, workflow,
CRM, data and analytics in one pre-hire platform. It also operates leading job
sites around the world. Owned by TEGNA Inc. (NYSE:TGNA), Tribune Media
(NYSE:TRCO) and The McClatchy Company (NYSE:MNI), CareerBuilder and its
subsidiaries operate in the United States, Europe, South America, Canada and
Asia. For more information, visit www.careerbuilder.com.
About Capella Education Company
Founded in 1991, Capella Education Company
(http://www.capellaeducation.com) is a leader in online education, primarily
through our wholly owned subsidiary Capella University
(http://www.capella.edu), a regionally accredited* online university with
almost 37,000 learners as of Sept. 30, 2015. In addition, Capella Education
Company offers online education through Arden University, formerly called
Resource Development International Ltd. (RDI) (http://www.rdi.co.uk), an
independent provider of United Kingdom (UK) university distance learning
qualifications. Capella Education Company also owns Sophia
(http://www.sophia.org), an innovative learning platform leveraging
technology to support self-paced learning and Capella Learning Solutions (CLS)
which provides online non-degree, high-demand, job-ready skills, training
solutions and services to individuals and corporate partners.
RightSkill℠ is a service mark of Capella Learning Solutions and CareerBuilder.
Media Contacts
Jennifer Grasz
773-527-1164
jennifer.grasz@careerbuilder.com
http://www.twitter.com/CareerBuilder
PR

Mike Buttry
612-977-5499
Mike.Buttry@capella.edu
http://www.twitter.com/@MikeButtry1
FORWARD LOOKING STATEMENTS
Information in this news release that does not relate to historical financial
information should be considered forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. We caution
investors not to place undue reliance on any such forward-looking statements,
which are based on information available at the time those statements are
made or management's good faith belief with regard to future events, and
should not be read as a guarantee of future performance or results. Such
statements are subject to risks and uncertainties which could cause actual
results to differ materially from results presently anticipated. Some of the risks
and uncertainties are described in the “Risk Factors” section of Capella’s most
recent Annual Report on Form 10-K on file with the Securities and Exchange
Commission (SEC), and any updates or developments described in Capella’s
Quarterly Reports on Form 10-Q and other documents Capella files with the
SEC.
CareerBuilder Media Contact
For all media inquiries and interview requests, contact:
Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com
Christy Whipple
Area Sales Manager
Tel: 214-453-1504
CareerBuilder
2745 N Dallas Parkway, Suite 605 Plano, TX 75093
D: 214-453-1504 M: 9136203130
careerbuilderforemployers.com