Insurer Offers Employee Benefit Deal: Student Loan Relief for Unused Vacation Time

By | February 7, 2019

  • February 7, 2019 at 9:09 am
    Captain Planet says:
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    Now this is an innovative employee benefit! This would have been a no-brainer for me back when I joined the labor force. I always carried over a week and most years, was struggling to burn vacation even having to simply lose vacation days because professionalism at my desk was priority. $250/month would have made my monthly student loan payment. I think more companies should offer a similar program. Too many employees entering the workforce out of college are carrying obscene amounts of debt. This type of benefit would be a great way for a company to attract the better younger talent out there today.

    • February 8, 2019 at 11:45 am
      Jack King says:
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      Great idea by UNUM. Only 1 caution for UNUM: You should always make an employee take at least a week off a year, consecutive 5 or 6 days, as an Auditing precaution. That’s when you find mistakes and cover-ups if there are any to find.

  • February 8, 2019 at 10:30 am
    Andy says:
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    You may want to start the article with the fact that UNUM get at least 28 PTO days a year, until I read that it sounded like an exploitative transaction, “don’t take any time off if you ever want to get out of debt”, but making this offer when you have such generous PTO is all-around great.



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