Leader's Edge magazine has a thorough look at the increasing interest companies are showing in student loan repayment assistance for their employees, many of whom are saddled with thousands of college debt. Plexus President Brian Griffin was among the insurance industry figures interviewed for the story. As Griffin noted, student loan repayment programs are part of the trend of companies looking toward unique benefit offerings as recruitment and retention tools.
"There’s a fair amount of things out there that firms are looking at to differentiate themselves and get the best talent they possibly can," Griffin told Leader's Edge.
With the student loan debtload continuing to grow -- and with the retention of key employees and the recruitment of top talent key issues for all firms -- repayment programs don't figure to be going away. In short, now is the time for companies to become aware of the options available.
For more information on student loan repayment as an employee benefit, don't hesitate to contact us at 847-307-6100 (Chicago/Deer Park), 972-770-5010 (Dallas) or 405-840-3033 (Oklahoma City) and ask to speak to a Plexus client executive. We're here to help -- and we're happy to help.