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...
Peanut Butter Feature to Know: Employee Loan Verification

Peanut Butter Feature to Know: Employee Loan Verification

by | Jun 19, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Qualified Loans, Student Loan Assistance, Student Loan Balance, Student Loan Debt, Student Loan Repayment

When thinking about Student Loan Repayment for employees, companies are commonly curious about the criteria considered when Peanut Butter verifies individuals student loan information during their enrollment process. As an employee links or provides their student loan...
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...
Ensuring a successful launch for your Student Loan Assistance program

Ensuring a successful launch for your Student Loan Assistance program

by | May 13, 2024 | Benefits, Decisions, Employee Benefits, Employee Engagement, FAQ, Human Resources, Plan Design, Program Management, Student Loan Assistance, Student Loan Repayment

Conceptually, there’s many ideas surrounding the right route for a successful Student Loan Assistance program launch. When considering this new benefit, it’s important for employers to understand what works. In a recent article from Indeed, three key requirements were...
Four things employers shared when they switched their administrator, and hired Peanut Butter

Four things employers shared when they switched their administrator, and hired Peanut Butter

by | May 13, 2024 | Benefits, Differentiation, Employee Benefits, Program Management, Recruiting, Retaining Talent, Student Loan Assistance, Student Loan Repayment, Tax-free, Winning Together

Selecting the right vendor for any benefit is a crucial component of a program’s success. During our time supporting group transitions from other Student Loan Assistance administrators, we’ve learned four key reasons on why employers are choosing to make the switch....