By Jeni Burckart One in seven American adults have a share of the nearly $1.6 trillion in student loan debt. Meanwhile, unemployment remains at a low and specific positions, especially healthcare roles, are predicted to have massive shortages. With the supply of laborers low and the demand high, it’s no surprise that today’s workforce is […]

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I’m trying to figure out the best way to maximize my student loan contribution benefit. My employer increases the monthly contribution amount each year. I expect to be done paying it before the 5 year employer contribution program is over. Any tips for how best to maximize the employer contribution? Right now I pay above […]

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  While the overall number of employers who offer student loan repayment assistance as an employment perk is still relatively low – about 4 percent of employers offer it, according to the Society for Human Resources Management¬†– student loan repayment assistance is one of the fastest-growing employment benefits in business today. Here we discuss some […]

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  The potential costs to businesses of employees’ financial stress spilling over into the workplace has been widely studied and documented: Nearly a third of workers find themselves distracted by personal financial issues while on the job, and over half of these people say they would be more productive at work were it not for […]

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Despite the Affordable Care Act – and in some ways because of it – offering a traditional group health plan has become prohibitively expensive for many smaller employers. Between 2006 and 2016, average total per-employee premiums have risen by 58 percent, from $11,480 per year to $18,142. Workers are feeling the pinch: Their average contribution […]

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Over four out of every ten employers are hiring academically overqualified workers – and they’re happy they did. A recent survey from Career Builder found that 41 percent of employers are hiring workers with college degrees for positions that don’t require them, and had in the past been filled with workers who have only a […]

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Need to attract young workers? You aren’t alone. The State of Minnesota is struggling with a massive shortage of qualified teachers – and has decided to do more to attract young, recently-graduated teacher applicants by sweetening their benefits package with a student loan repayment assistance program. Thus far, the program has been a terrific success, […]

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  As much as we all enjoy reading about developing the soft skills and the exciting new human resources technologies coming out, being in this business still means hitting your HR deadlines. Fire up your Outlook calendar and wipe off that white board — here are some of the critical HR deadlines coming up over […]

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Health insurance giant Aetna is the latest major employer to join the growing list of companies to offer student loan repayment assistance as an employee benefit. Beginning in 2017, the company’s 50,000 full-time workers will be eligible for matching student loan payments of up to $2,000 per year, up to a cap of $10,000 per […]

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