Employees want to have a comprehensive benefits program for their employees. Benefits that complement each other are more cost-effective and people are more likely to take advantage of what their managers offer. Millennials and those just graduating from college need help with their college debt. Furthermore, they need to find ways to prevent college costs from overwhelming their financial wellness.
There Is a Need to Stretch Educational Assistance
Management understands that employees in school need a helping hand with their college expenses. It is why educational assistance programs were developed in the first place. Such assistance is appreciated but it doesn’t go as far as it could.
The cost of higher education has skyrocketed in recent years. The cost of tuition is often more than what companies can provide as education assistance. Employers can still provide needed support and it doesn’t mean increasing the educational assistance budget. Continue reading