Benefits for a modern workforce | We're a #fintech / #hrtech startup tackling the #studentloan crisis.
Austin, TX #atx
Joined June 2015
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We're hiring in Marketing and Operations! Must love dogs, must love conquering the student debt crisis: vault.co/careers/
Vault.co retweeted
Compassionate people:
- Ask for what they need
- Say 'no' when they need to
- Say 'yes' only when they mean it
- Enforce boundaries with others
Hear the rest of Romy Parzick's thoughts on compassionate leadership on The Indispensables: open.spotify.com/episode/7Hu…
Vault.co retweeted
“I’ve always been someone who asks the hard questions, who views feedback as an act of compassionate leadership.” -- Romy Parzick
podcasts.apple.com/us/podcas…
Vault.co retweeted
If employers help pay off their employees' student loans, how quickly could that debt be wiped away? cnbc.com/2021/02/05/employer… #InvestInYou @cnbc @acorns
#StudentDebt #DebtDivide #RacialWealthGap
@NewYorkLife @Prudential @MGMResortsIntl @Voya @vaultbenefit @SHRM @FenabaAddo @UNC
With student loan debt topping $1.7 trillion, the gap in black and white borrowers is also growing. @sharon_epperson reports #investinyou (in partnership with @acorns) cnb.cx/3tse6Nz
From health coverage to 401(k)s to pet insurance, we can trace a clear evolution in benefits being offered to works, from the 1940s to today. And #StudentLoan repayment should be next.hubs.ly/H0mNf7h0
#DidYouKnow: The #Student loans delinquency rate is 10.85%.
Meanwhile, the same rate for auto loans is 4.69% and 8.32% for credit cards.
Something needs to change.
Learn how #HR can be part of the solution at hubs.ly/H0mLgmr0
Privat #studentloans don't act like federal loans, and they don't have all the same options.
For example, not all private student loan lenders offer IDR plans, so you’d have to talk with your lender to see if a similar option exists for you.
Student loans affect more than #Millennials and GenZers.
A report from the Association of Young Americans (AYA) and AARP showed that 31% of baby boomers stoped saving for retirement due to #StudentLoans.
Learn how #HR can be the solution. Learn more at hubs.ly/H0mFnC10
Depending on the industry, a company's yearly turnover can be over 25%.
In other words, each year, a 1,000-person company would need 250 new hires.
Reducing turnover just 5% can save your team more than $1 million annually.
Learn more at hubs.ly/H0mCT9x0
The current racial disparity in the #StudentLoan crisis results in a wider wealth gap, which in turn has effects on the overall economy. hubs.ly/H0mC6y60
According to a Price Water Survey:
37% of employees spend at least three hours per week worrying about personal finances.
#StudentDebt is part of that. Learn how you can help your employees at hubs.ly/H0mB8P10.
#HR #smallbusiness
According to a report by Young Invincibles, the debt-to-income ratio of an average borrower with #StudentLoan debt has increased from .43 to .49 since 2002.
This change has caused more people to be disqualified for first-time home mortgages.
Did you know that losing employees can cost the company between 1.5-2x their annual salary?
Learn more about how #HR can reduce turnover at hubs.ly/H0mxkpf0
Having turnover problems?
A study from Intuition found that 75% of student loan borrowers said they would prefer to work for a company if they offered #StudentLoan assistance.
#HR
#DidYouKnow: 40 million borrowers have taken out #StudenLoans. About 7 million of them have defaulted on their #debt.
49% of employees prefer student loan contributions from employers to retirement plans. What's changed? Find out here: hubs.ly/H0mqxBJ0