$11 Billion Insurance Company Lets Employees Trade Vacation Days For Student Loan Cash

Unum is a Tennessee-based insurance company and it is in hot water over a policy. The policy allows US employees to exchange unused vacation days for help with student loan payments. Unum employees are allotted at least 28 paid vacation…

$11 Billion Insurance Company Lets Employees Trade Vacation Days For Student Loan Cash

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Unum is a Tennessee-based insurance company and it is in hot water over a policy.
The policy allows US employees to exchange unused vacation days for help with student loan payments.
Unum employees are allotted at least 28 paid vacation days a year, says Business Insider.
Employees can forfeit up to five days and receive cash toward their student loans.
An increasing number of companies big and small offer student loan repayment benefits to employees.
Research shows employee financial stability is linked to overall well-being and work performance.
The average Unum employee has $32,000 in student debt and payments of $350 a month.
https://www.businessinsider.com/unum-insurance-trade-vacation-days-student-loan-debt-help-2019-2
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