Why are an increasing number of employers offering benefits that address financial wellness, including student loan payoff? Simply put, it’s good for their business. A non-distracted workforce equates to more productivity. It is also a powerful recruitment tool.
While there are benefits to employees who are trying to get out from under the yoke of student loan debt, are there better ways to protect one’s financial future? Before you sign up for the company student loan debt repayment benefit, there are some things you need to consider.