Cosmetics company Estee Lauder is now offering a student loan contribution program as a part of the new employee benefits package. Partnering with student loan payback platform Tuition.io, the brand will contribute $100 toward each eligible employees' student loads every month -- making a maximum contribution of $10,000 each.
With roughly 44 million people in the U.S struggling through outstanding student loans, the brand aims to chip away at the burden for its employees with a simple and strategic plan. Offering the new benefit allows employees to focus on careers and passions while relieving the stress of everyday life.
The new student loan contribution program from Tuition.io for Estee Lauder is a prime example of how the company is executing standards for employee treatment.