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For anyone that attended a U.S. university in the past 20 years, it’s likely they earned a hefty chunk of debt along with their degree.
The Federal Reserve estimates that Americans owe $1.73 trillion in student loans, with nationwide college debt increasing by 91% between 2011 and 2021. College Board found that the cost of an undergraduate degree at a public school increased by 213% since the 1980s.
Deanna Cuadra is a senior reporter at Employee Benefit News. Her work covers healthcare, U.S. policy and reform, challenges faced by women and parents in the workplace and innovation in work culture … Read full bio
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Synchrony’s SVP of total rewards outlines the learning and skill-building benefits that improve employee satisfaction and retention.
At AI-powered security company Verkada, offerings like backup care, commuter assistance and lots of in-office perks make it less complicated and more appealing to come into work.
As employees decide whether to stay with their employer, support tied to student loan debt and education benefits is becoming a clear differentiator.
Providing better access to primary care providers is key to cutting down on workers' serious medical conditions and encouraging a better quality of life.
Even high-income employees are uncertain about where to put their next dollar, highlighting the need for workplace guidance on financial wellness.
