by Vishuka Mathur | Sep 8, 2022 | Benefits, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Insights, Program Management, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together
Americans hold nearly $1.75 trillion in student debt. In today’s workforce, employers are reconsidering how they approach employee benefits. In the efforts to attract and retain top talent, companies are aiming to create more appealing benefit programs. They’re...
by Vishuka Mathur | Sep 7, 2022 | 529 Savings Plan, Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Features, Financial Planning, Financial Wellbeing, Finding Talent, Human Resources, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Winning Together, Workplace diversity
With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...
by David Aronson | Aug 25, 2022 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Financial Planning, Insights, Retaining Talent, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment, Uncategorized, Winning Together
***Updated December 7, 2022*** On Wednesday, August 24, 2022, the White House announced President Biden’s Student Loan Relief Plan. The three-part plan includes: $10,000 of potential debt reduction for federal loan borrowers and the payment holiday’s end (hereafter...
by Vishuka Mathur | Aug 22, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Student Loan Repayment
Millennials today owe an average of $38,877 in student loan debt, according to an Experian consumer debt study. According to a new survey conducted by Legal & General, over one third of millennials in the US say they feel locked out of their quest to save for a...
by Vishuka Mathur | Jul 26, 2022 | Benefits, Employee Benefits, FAQ, Financial Wellbeing, Human Resources, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together
Peanut Butter’s Online Help Center helps answer your questions about our program without having to send an email or make a call. It contains a collection of articles that help employers and employees get answers to any questions about the Student Loan Repayment...
by Vishuka Mathur | Jul 19, 2022 | Benefits, Employee Benefits, Financial Wellbeing, Retaining Talent, Student Loan Assistance, Student Loan Debt, Winning Together
Jeanniey Walden, global chief innovation and marketing officer at DailyPay, recently spoke (Society for Human Resource Management) about how companies should help their employees keep more money in their pocket. Roughly 45 million Americans have federal student loan...