Sentences with phrase «employee debt assistance»
CEO Saeed El - Darahali — who himself spent years paying off his $ 50,000 student debt — created an employee debt assistance program as a «pay it forward» gesture, but it's also a canny recruitment strategy.
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El - Darahali doesn't offer debt assistance to every employee — only a handful of staffers have qualified for the program since its launch — but that hasn't stopped the flow of killer CVs crossing his desk.
Rather than blowing off the suggestion, I thanked the employee for bringing up the topic and laid out our benefits road map — which held potential for student debt assistance once the company gained another 100 employees.
The New York Times reports that cash - strapped Chinese aviation and shipping conglomerate HNA Group is appealing to its own employees for financial assistance to cope with the estimated $ 90 billion in debt the group rang up in its high - profile global spending spree.
The investment management company helps employees pay down student debt through its Step Ahead Student Loan Assistance program.
The City of Memphis is giving its employees aid to pay off student loans.Memphis is the first city to heed the call of those who need help paying off student loans, and it is a huge move.Those working a full - time job who need help paying... [Read more...] about Memphis Helps Pay off Student Loans as Debt Assistance to Workers
Rather than wait for policymakers to pass the bill, Natixis took a proactive approach and began offering student debt repayment assistance to its employees.
Fidelity offers its employees the Step Ahead Student Loan Assistance program to help decrease student debt.
Called the Employer Participation in Student Loan Assistance Act, H.R. 795 would enable companies to provide their employees with tax - free contributions towards student debt.
With EdAssist, employers can offer an end - to - end student loan assistance program that can help employees reduce their debt more quickly.
For example, Natixis, a global management firm, began offering student loan repayment assistance to help their employees handle their debt.
According to the Society For Human Resource Management, about 3 % of companies offered some type of assistance program to help employees pay down their student debt.
While the need is there, only about 4 % of employers report offering student loan paydown assistance, even though more than 90 % of employers in a recent survey say student loan debt is stressing out their employees.