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Description
Simplifying student loan benefits: They're essential for your workforce and groundbreaking for you. Additionally, contributions towards student loans are now exempt from taxes. Our mission is to offer your organization tailored student loan benefits that aid your staff in funding their education or that of their loved ones. This support not only assists them but also enhances your ability to attract and retain high-quality talent. There are various strategies to transform student debt relief into a corporate advantage. With our flexible options, you can easily discover the perfect solution for your organization. Accelerate your employees' journey to financial independence by either making direct monthly contributions to their student loan payments or by providing them with tax-advantaged 401(k) options. Our educational finance decision support tool guides employees in choosing the most effective approach for managing their student loans while also planning for future educational expenses. Offering accessible loans for the educational needs of employees and their families is another way to strengthen your team's financial well-being. By investing in their education, you’re fostering a more knowledgeable and capable workforce.
Description
Unlock impactful student loan benefits that genuinely benefit everyone involved. Summer empowers organizations to provide tailored and all-encompassing student loan solutions that are simple to implement. This approach leads to a notable 20% reduction in employee attrition and guarantees substantial savings. By minimizing turnover and attracting the talent of tomorrow, you can create a customized solution that addresses the specific requirements of your team. Say goodbye to facing student loan challenges alone. Discover how to bring Summer’s benefits to your organization. Enhance your services and foster client loyalty by integrating these highly desirable financial benefits. Transform your employee experience with a robust student loan program that fosters loyalty and ensures fairness for all borrowers. We’ve navigated through all the complex regulations and terminology, relieving you of that burden. What sets us apart is our proven ability to save significant amounts, enhance retention rates, and solidify your reputation as an employer of choice. Explore how you can implement your personalized solution in less than two weeks, making a meaningful difference for your workforce. By investing in these benefits, you’ll not only empower your employees but also strengthen your overall organizational culture.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
CommonBond
Founded
2011
Country
United States
Website
www.commonbond.co/student-loan-benefits
Vendor Details
Company Name
Summer
Country
United States
Website
www.meetsummer.com
Product Features
Product Features
Benefits Administration
COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management