How long does it take to set-up a Student Loan Assistance Program?

How long does it take to set-up a Student Loan Assistance Program?

by | Sep 11, 2024 | Benefits, Differentiation, Employee Benefits, Features, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance

When considering Student Loan Assistance as a new benefits offering, employers commonly ask about program setup time. It’s important to understand the legwork required to get things off the ground.  When it comes to Peanut Butter programs, the quickness surrounding...
Peanut Butter Feature to Know: What do employees agree to do as program participants?

Peanut Butter Feature to Know: What do employees agree to do as program participants?

by | Jul 22, 2024 | Benefits, Employee Benefits, FAQ, Features, Human Capital, Human Resources, Insights, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

When considering Student Loan Assistance, many employers are curious about what employees agree to as benefit participants. Along with their responsibilities in the program. Employees that elect to participate in a student loan repayment program with Peanut Butter...
Peanut Butter Insights: Employee Eligibility Criteria to Avoid

Peanut Butter Insights: Employee Eligibility Criteria to Avoid

by | Jul 3, 2024 | Benefits, Decisions, Differentiation, Employee Benefits, Features, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

Working with nearly a thousand clients nationwide, we’ve grown as experts in eligibility criteria employers most commonly use when offering Student Loan Assistance to employees. On the flip side, we’ve also observed eligibility criteria employers should avoid.  We...
Peanut Butter Feature to Know: Employer Responsibilities

Peanut Butter Feature to Know: Employer Responsibilities

by | Jul 3, 2024 | Benefits, Differentiation, Employee Benefits, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment, Winning Together

When offering Student Loan Assistance, it’s important for employers to understand their responsibilities for success. Benefit maintenance is simple, and one of the core reasons our services stand out is ease of use. With Peanut Butter’s SaaS solution, employers...
Student loans blocking your retirement savings? A change to federal law MIGHT help [The Boston Globe]

Student loans blocking your retirement savings? A change to federal law MIGHT help [The Boston Globe]

by | May 13, 2024 | Benefits, Employee Benefits, Employee Engagement, Financial Wellbeing, Plan Design, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Uncategorized, Workplace diversity

Since 2015, employers have been contributing modest monthly amounts (e.g., $50) toward employee student loans and achieving profound results: 13% faster hiring timelines, 36% longer employee tenure, and Greater gender and cultural diversity. This year, more companies...