Estée Lauder launches student loan contribution benefit
The beauty conglomerate added the perk to better serve its millennial-oriented workforce.
The beauty conglomerate added the perk to better serve its millennial-oriented workforce.
Benefits such as student loan repayment, pay cards, and even direct bill paying are rising in popularity and could have payroll providers acting more like banks.
Though workplace offerings such as on-site gyms, foosball and pool tables are common among tech giants, companies should make sure that benefits align with culture.
Speakers shared how they revitalized agencies and analyzed groundbreaking trends to provide advisers plenty of takeaways at 2017’s Workplace Benefits events.
Benefits such as student loan repayment, pay cards, and even direct bill paying are rising in popularity and could have payroll providers acting more like banks.
Though workplace offerings such as on-site gyms, foosball and pool tables are common among tech giants, companies should make sure that benefits align with culture.
The Iowa City-headquartered lender offers $75 or $100 to eligible employees for paying down the principal balance on student loans.
The Iowa City-headquartered lender offers $75 or $100 to eligible employees for paying down the principal balance on student loans.
Non-traditional worksite offerings like pre-payday loans and student tuition repayment gained popularity but brokers debated their profitability.
As the generation grows older, traditional benefits become more important and they expect a broader range of services than are currently offered.
Many millennials surveyed would scrap healthcare, retirement, PTO for help paying off their college loans.
Many millennials surveyed would scrap healthcare, retirement, PTO for help paying off their college loans.
These young workers are seeking financial security, student loan repayment options and electronic enrollment notifications.
Employers should understand how the offering works, how it affects retirement savings and potential pitfalls.
The offering, worth up to $12,000, is administered by student loan repayment company Gradifi.
The Employer Participation in Student Loan Assistance Act provides incentives for organizations trying to help workers with school debt.
The Employer Participation in Student Loan Assistance Act provides incentives for organizations trying to help workers with school debt.
The insurance company will provide more than $10,000 over five years to help employees pay down their education debts.
The insurance company will provide more than $10,000 over five years to help employees pay down their education debts.
Industry experts weigh in on a range of pain points facing employees, such as managing student debt, and the products that are designed to address them.