The initial fallout from the COVID-19 pandemic is putting new urgency on company benefits. As employees look to their benefits offerings, companies are responding in kind by leveraging, expanding, and creating new benefits to answer the needs of their employee populations.
Tag: student loan repayment
Although Millennials are most often cited for being slammed with crippling debt, actually, one in five adult Americans carry student loan debt, according to NBC News. This means your company’s newly graduated intern or your vice president could be one of those people.
By the year 2025, it’s estimated that Millennials will make up roughly 75% of the American workforce. This means that HR professionals, business owners, hiring managers, and anyone else involved in the recruitment process needs to have a solid understanding of this demographic if they hope to compete in the market.