Employees aren’t going to shun free money, but some employer benefits are more coveted than others. How does student debt repayment, the perk of the moment, rank? Not all that high, finds a new survey from Student Loan Hero.
Last fall, a survey found that an overwhelming percentage of young workers want to work for a company that offers some help paying back their student loans. But when compared to health insurance, 401(k) matching, and paid vacation, the student debt benefit doesn’t win out in importance for employees. “This one was pretty black-and-white,” said Andrew Josuweit, Student Loan Hero’s chief executive officer.