Few employees object to foosball tables and free snacks in the office. But for prospective recruits burdened by student loans, some companies are introducing a perk that may be a stronger draw.
Fidelity announced Tuesday that full-time employees at the manager level or below will be eligible to receive $2,000 a year paid toward their student loan balance, for a total of up to $10,000, the Boston Globe reported.
The benefit will affect nearly 5,000 Fidelity employees, the company said. It will automatically deliver the payments using technology developed by California-based Tuition.io Inc., a student loan management company that will automatically direct payments to the employees loan provider.
Theres no doubt the benefit will ap…
Read the full article at: http://time.com/money/4261054/employee-student-loan-repayment-programs/