Many companies are searching for a benefits solution that helps differentiate themselves from their competition and attract young, energized employees to join their workforce.
LINCOLN, Neb. (PRWEB) March 08, 2018
It’s not an easy job market for employers right now. The national unemployment rate has remained at near-record lows for several quarters, and many companies are in intense competition to attract the best and brightest young employees to their workforce.
For many millennials, higher wages are no longer enough. Because of this, many leading companies are adding non-traditional benefits to their employment packages. One of the most attractive of these new benefits is student loan repayment assistance.
“Many companies are searching for a benefits solution that helps differentiate themselves from their competition and attract young, energized employees to join their workforce,” said Michael Riordan, operations manager at BenefitEd. “Many of their top candidates borrowed for their education. Statistically, well over half of those borrowers owe at least $20,000 in student loans after graduation. That makes BenefitEd an attractive benefit for our potential clients and their employees. We see a lot of increased interest from businesses of all sizes and in all sectors.”
BenefitEd’s newest clients span several industries, showing that the struggle to attract and retain employees isn’t just limited to tech companies or certain geographic areas. Their most recent clients include RehabVisions, Insuramax, M3 Insurance, Shawcor, West Yost, Yello, and SECO Energy.
These companies join the expanding list of progressive employers that have made addressing the rising cost of education central to their employee engagement strategies.
BenefitEd offers student loan repayment and college savings programs that help progressive employers create a more engaged and productive workforce. As a joint venture between Ameritas and Nelnet, BenefitEd leverages a deep understanding of employee benefits programs and expertise in education payment processing.
Founded in 1887, Ameritas Life and its affiliated companies offer a wide range of insurance and financial products and services to individuals, families and businesses. These products and services include life insurance; annuities; individual disability income insurance; dental, vision and hearing care insurance; retirement plans; investments; mutual funds; asset management and public finance. Securities offered through affiliate Ameritas Investment Corp., member FINRA/SIPC. For more information, visit ameritas.com.
Nelnet (NYSE: NNI) is a diversified and innovative company focused on offering educational services, technology solutions, telecommunications, and asset management. Nelnet helps students and families plan and pay for their education and makes the administrative processes for schools more efficient with student loan servicing, tuition payment processing, school administration software, and college planning resources. Through its recently acquired subsidiary, Allo Communications, Nelnet offers fiber optic services directly to homes and businesses for ultra-fast internet and superior telephone and television services. The company also makes investments in real estate developments and new ventures. For more information, visit nelnet.com.