Student Loan Assistance Is One of the Most Sought-After Benefits [Paychex]

The increase in student loan debt in recent years has become a primary concern of many college-educated workers. When employees are paying off long-term educational loans, employers have offered to shoulder a portion of the burden by including student loan repayment in their benefits package. According to a survey by the Employee Benefit Research Institute, 17% of employers offer student loan repayment assistance, a number that has grown since the pandemic began.

To learn how companies are looking to improve their employment value proposition to become an employer of choice among college-educated talent, read the full article by Paychex here.

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