Student Loan Assistance - The New 401k
September 25, 2024
People and Culture Theater
Employee Experience
When the 401k plan was introduced in 1978, the world of employee benefits was forever changed as the 401k soon became an expected part of overall compensation. Today, the US faces a student loan debt crisis of $1.727 trillion. Over 43 million people are carrying student loan debt, affecting their ability to save for retirement.
This has dramatically impacted a workforce already pressured by high employee turnover and increasing related costs. Organizations are trying to improve employee loyalty and retention by offering benefits that workers want and need.
Paidly is an easy-to-use benefit platform that makes it easy for employers to make contributions directly toward employees' student loans or 529 plans, helping alleviate student loan debt. Join us to learn more about how Paidly is rapidly assisting businesses show their employees that they care with student loan assistance.
This has dramatically impacted a workforce already pressured by high employee turnover and increasing related costs. Organizations are trying to improve employee loyalty and retention by offering benefits that workers want and need.
Paidly is an easy-to-use benefit platform that makes it easy for employers to make contributions directly toward employees' student loans or 529 plans, helping alleviate student loan debt. Join us to learn more about how Paidly is rapidly assisting businesses show their employees that they care with student loan assistance.
Speakers
Session Type
People and Culture
Learning Objective 1
1) Learn about the tax-free advantages of the Cares Act and how it empowers student loan repayment as a benefit.
Learning Objective 2
2) Discover how to easily introduce student loan repayment as a benefit without unnecessary administrative hassle or complexity.
Learning Objective 3
3) Uncover flexible options that can promote employee loyalty in an easy affordable manner.