Facebook offers laundry services, Airbnb gives employees a yearly $2,000 bonus to travel the world, Google offers massage credits, and Evernote offers twice-a-month house cleaning services.
For Millennials, these are some very Silicon Valley-esque perks. But, do they really want it? Employers are starting to offer some very practical solutions to the gravest of all Millennial-problems: paying off student-loan debts.
In June this year, the accounting firm Pricewaterhouse Coopers announced that the company will help associate-level employees (who make up 45 percent of PwC’s 46,000 U.S. employees) with their student-loan debt. PwC will contribute about $100 a month towards an employee’s student-loan principle for up to six year, for a total payout of $7,200. Since paying off loan principle will reduce interest, the company estimates that the benefit is worth up to $10,000.
“Student loan debt-driven by the rising cost of higher education-is a pain point for recent graduates,” said Tom Codd, the U.S. Human Capital Leader for PwC, in a press release. “As a firm that recruits more than 11,000 new hires off campus each year, this is an opportunity to differentiate ourselves with a key talent group-millennials-and provide a meaningful way to help reduce their debt.”
Esta historia es de la edición October 2016 de The HR Digest.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 2016 de The HR Digest.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Fast-Food Workers May Soon Have Scheduling Rights
Recently, New York City became the third and largest major U.S. city to give fast-food workers scheduling rights.
UK Workers Feel Frustrated By Flatlining Pay
Workers in the UK feel frustrated because their pay has been flat lined for a decade.
Want To Be An Engineer For Jaguar? Play games!
Recruiters are coming up with innovative ways to test the eligibility of their employees but the automaker Jaguar leaves behind others in this field.
the growing problem of united states youth unemployment
for the first time in last few decades, the united states’ unemployment rate is steadily dropping - hovering below six percent.
Make 2017 One Of The Best Years Ever!
A list of fun social activities to do with your workmates!
That's What She Said!” Are You Ready To Handle Millennials Office Affairs?
You may say, it’s a brave new world for office romance, especially among young millennial cubicles. Almostonethird believe it is acceptable to dip your pen in company ink.
Should Employees Receive Compensation For Off-The-clock Phone Use?
A majority of European Union (EU) employers struggle to make sense of the mandatory vacation entitlements. In the EU, the law provides employees with mandatory levels of vacation. For instance, in the UK, a full-time employee is entitled to take 28 vacation days, while in France, employees are entitled to 5 weeks of vacation (in addition to public holidays).
Daca – Employers And What Is Means For Employees
President Donald Trump has announced the decision to end the Deferred Action for Childhood Arrivals (DACA) program, which has provided removal protection and temporary work permits to nearly 800,000 undocumented immigrants who entered the U.S. as children.
Furry Creatures Going Around Your Workplace
When this concept of bringing pets to work was initially brought up, it seemed like a fun activity to do once in a while to lift up the spirits at the workplace. This gave rise to the celebration of a special day wherein the employees would bring their pets to work.
Modern Workplace Problems
Immigrant Workers’ Rights.
