What Biden's student loan forgiveness means for employers

What Biden's student loan forgiveness means for employers

STUDENT LOANS: On August 24, the Biden Administration announced that it will cancel up to $20,000 worth of federal?student loan debt?for Pell Grant recipients and $10,000 for non-recipients, for anyone who makes less than $125,000 a year or less than $250,000 for married couples.?While Biden's student loan relief is good news for low- to middle-income earners, employers may also have cause for celebration, and another look at their debt management benefits. An expert from WTW shares how employers can prepare and best support employees reduce their student loans:

Read: What Biden's student loan forgiveness means for employers

RECRUITING: Could finding the right employee for your company be as simple as swiping left or right on a profile? This tech platform is hoping employers find their perfect match.? Lynk , an AI-driven knowledge management platform, recently announced its new product, Starred.com , a search engine that?matches job applicants?and companies according to their profile and criteria they both submitted — much like a dating app.?Is this the future of virtual recruiting?

Read: Can recruiting be like online dating? A new platform is testing it out?

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WORKING PARENTS: A new initiative from lactation support platform and?employee benefit? pumpspotting is aiming to make breastfeeding more accessible for working parents. In partnership with food-education brand Kalamata's Kitchen, restaurant advocacy group the Lee Initiative and hospitality platform Resy , Pumpspotting is delivering widely accessible breastfeeding resources, education and tools to workers within the food-service space.?

Read: Resy and Pumpspotting are bringing breastfeeding support to restaurant workers?

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