Nearly one in four millennial workers born between 1982 and 1996 change their jobs each year, according to a recent Gallup report. What’s more, 60 percent say they are open to a different job opportunity. This is bad news for companies, as some sources estimate that losing just one employee costs anywhere from 2 percent of the employee’s salary to more than $1 million.
To retain young talent, companies are increasingly offering benefits to help tackle one of the millennial generation’s biggest pain points: student loan debt. By helping employees relieve their student debt, companies can boost retention and, arguably, help make their employees happier.
These 20 companies offer generous student-debt related benefits to help employees pay off student loans.