Helping Employees Pay Off Student Debt Faster: A Powerful Talent Management Strategy
Student debt is a $1.4 trillion issue that impacts 44 million Americans. Eighty-six percent of young workers say they’d commit to their employers for five years if employers helped pay off their student loan debt. Adding a program to help employees pay off student debt can help retain valuable employees, contribute to their financial wellness and help attract new talent.
Amanda Hahnel, Senior Product Manager, Fidelity Investments