by Joe Kwasniewski | 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...
by Joe Kwasniewski | 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...
by Joe Kwasniewski | 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...
by Vishuka Mathur | Oct 13, 2022 | Employee Benefits, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance
College graduates are drowning in debt but it didn’t have to be this way. Steadily, tuition increases have outpaced incomes forcing families to rely on student loans to help foot the bill. At this pace, “outstanding student loan debt could topple $3 trillion by 2035,”...
by Vishuka Mathur | Oct 13, 2022 | Human Resources, Recruiting, Retaining Talent, Reviews, Student Loan Assistance
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by Vishuka Mathur | Oct 13, 2022 | Financial Planning, Financial Wellbeing, Human Resources, Recruiting, Retaining Talent, Student Loan Assistance
With so many workers carrying student loan debt, repayment assistance programs can be a valuable benefit to employees. Student loan debt is a burden that crosses generational lines, with members of all five generations – from the Silent Generation to Gen Z – carrying...