Clothing retailer Carhartt adds student loan perk to benefits package
The Michigan-based company now contributes $50 monthly toward employees’ student loans, up to a $10,000 maximum.
The Michigan-based company now contributes $50 monthly toward employees’ student loans, up to a $10,000 maximum.
The San Francisco-based firm is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.
The used-car dealer is partnering with Gradifi to help employees tackle school debt.
The video streaming service will be matching up to $1,200 a year to help workers pay their student debt.
The video streaming service will be matching up to $1,200 a year to help workers pay their student debt.
At EBA's Workplace Benefits Summit, U.S. Rep. Rodney Davis discussed his bill, which would make company contributions tax exempt.
As the labor market tightens, annual frontline rates have soared over 100%, costing business leaders more than $10 billion per year.
At EBN’s Benefits Forum & Expo, U.S. Rep. Rodney Davis discussed his bill, which would make company contributions tax exempt.
As the labor market tightens, annual frontline rates have soared over 100%, costing business leaders more than $10 billion per year.
About 80% of employees say they want to work for a company that offers a repayment program.
In 2017, just 4% of companies offered student loan repayment assistance, but the industry is expected to grow to 26% by 2019, according to SHRM.
The Employer Participation in Repayment Act would give employers a tax break for providing employees up to $5,250 a year for education loans.
These perks encourage employees to stay with one employer for a longer time span, says Chegg's Tracy Clemente at EBN's Benefits Forum & Expo.
These perks encourage employees to stay with one employer for a longer time span, says Chegg's Tracy Clemente at EBA's Workplace Benefits Summit in Nashville, Tenn.