Our EOY results for fiscal year 2021 marked an inflection point for us. With growth driven by our digital-first strategy in higher ed, we've also seen an explosion in demand from learners pursuing alternate education pathways to gain job-ready skills. We're proud to be making an impact at scale by prioritizing education for employment - hear more from our CEO Michael Hansen on our path forward.
Proud to be named Trendsetter of the Year by EdTech Digest! When the pandemic closed college campuses, we stepped in to help learners and educators by opening up free access to Cengage Unlimited, working with thousands of instructors to move more than 40,000 courses online, offering free online courses, and more. We're honored to be recognized for the great work our team has done over the last year to support students, educators and others who have been impacted by the pandemic and need reskilling opportunities.
We're incredibly proud of our culture of radical transparency! Hear from employees how our candid environment has enabled engagement, empowerment and discovery in the workplace.
At Cengage, we are committed to creating an environment where employees feel comfortable bringing their authentic selves to work. Inclusion and diversity are core tenets of our culture, and a driver of our industry leading performance. We're honored to have earned a top score of 100 on the Human Rights Campaign's Corporate Equality Index for policies and practices related to LGBTQ workplace equality.
At Cengage, we believe in radical transparency. Our Employee Resource Groups (ERGs), such as Women In Tech, help us encourage diverse voices and create an inclusive work environment. Laurabeth Fox Monti's story highlights how our ERGs can make a personal impact.
What a week! From College spirit days to virtual events like Bingo to motivational Zooms, the Cengage sales team didn’t let working remotely stop them from growing as a team during this year’s annual Engagement Summit sales meeting. Cengage is #BuiltForThis – whatever 2021 throws at us, we’ve built a strong foundation of easy-to-use, quality digital learning solutions that are designed to empower all kinds of students. We’re unabashedly raising the bar on our standard of service, and look forward to helping faculty, institutions and learners reach new heights in the New Year.
Our Green Employee Resource Group recently celebrated #NationalRecyclingWeek with a Reduce, Reuse, Recycle Activity Guide and a contest that honored our company’s best recycled creations! Winners Lisa Pichler, Angie Chepelsky, and Jessica Bach brought creativity to the cause with these recycled craft projects.
The accelerated digitalization of education drove a strong financial performance for Cengage in the second quarter of fiscal 2021. Cengage saw strong sales growth as the Online Skills business grew by more than 40%, and Cengage Unlimited drove the company’s affordability initiatives forward as total student savings surpassed $270M.
Are college faculty and administrators ready for online teaching? Cengage EVP Fernando Bleichmar breaks down the latest Digital Learning Pulse Survey results:
“Education is a powerful tool to change people's lives. Through the power of online learning, Cengage will help millions of people develop the knowledge and capabilities they need to advance their careers and improve their lives.” We’re expanding our Online Skills business to meet the surging demand for career training, micro-credentials and certificate programs. Learn more >>