Student loan debt is increasingly a hot button in the workplace. Employees burdened by student loan debt may be more likely to leave current employment in pursuit of higher salaries, may be more stressed, and may have lower overall satisfaction. As such, an increasing number of employers are focused on helping workers manage, and sometimes pay down, their student loan debt in order to attract, retain, and satisfy employees.
Please join EBRI for a webinar reviewing findings from EBRI’s Employer Financial Wellbeing Survey that focus on this topic. EBRI President and CEO, Lori Lucas, will discuss the characteristics, driving factors, and financial wellness success measures of employers engaging with employees on student loan debt. She will discuss the challenges employers face — and how they seek to overcome them when assisting employees with their student loan debt.
Lori will be joined by Mary Moreland, Divisional Vice President of Compensation and Benefits at Abbott, who will discuss Abbott's Freedom 2 Save program — a unique and innovative approach to helping Abbott employees pay down student loan debt while also saving for retirement.
Moderator: Josh Cohen, PGIM Managing Director, Head of Institutional Defined Contribution
- Lori Lucas, CFA, President and CEO, EBRI
- Mary Moreland, Divisional Vice President of Compensation and Benefits at Abbott
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