[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

[PYMNTS] Businesses Offering Student Loan Help to Gain Recruitment Edge

by | Sep 1, 2023 | Benefits, Decisions, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Student Loan Assistance, Student Loan Debt, Student Loan Repayment

In a recent article from PYMNTS, Student Loan Repayment was highlighted as a unique way for employers to attract talent. It was cited that nearly 70% of college graduates believe their student debt will influence career choices. It also highlights the fact that 3x...
[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

[CNN Business] Employers could offer you tax-free help with your student loan payments. Most are not

by | Sep 1, 2023 | Benefits, Differentiation, Employee Benefits, Financial Wellbeing, Finding Talent, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free

In a recent post from CNN Business, tax-free student loan assistance was highlighted as a high impact solution for combatting the return of federal student loan payments for borrowers nationwide in October. The article eludes to the fact that only 8% of employers...
[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

[Bloomberg Law] 401(k) Law’s Appeal Fades as Workers Face Student Debt Deadlines

by | Aug 18, 2023 | Benefits, Differentiation, Employee Benefits, Employee Engagement, Financial Wellbeing, Finding Talent, Human Resources, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together

In a recent article from Bloomberg Law, the provisions in the SECURE Act 2.0 that will allow employers to treat student loan repayment like retirement plan deferrals were analyzed. The end result eluded to the fact that today’s workforce needs and prefers direct...