A person rides a Google Inc. bicycle in front of the company's headquarters in Mountain View, California, U.S., on Wednesday, April 25, 2018. Alphabet Inc. is pushing efforts to roll back the most comprehensive biometric privacy law in the U.S., even as the company and its peers face heightened scrutiny after the unauthorized sharing of data at Facebook Inc. Photographer: David Paul Morris/Bloomberg
Sexy office perks like free food, gym classes and tropical retreats are so last year. These days, a growing number of companies are offering employees a more practical incentive – helping them pay off their student loans.
San Mateo-based Coupa Software this year rolled out a new programme that contributes US$50 (RM197) a month toward eligible employees' student debt, and other local companies including Nvidia, Chegg and Hewlett-Packard have similar perks. It's a service in high demand as Americans owe nearly US$1.5tril (RM5.90tril) in student loan debt, and paying down those loans – especially in the pricey Bay Area – can make it difficult to afford rent or to buy a home.
Limited time offer:
Just RM5 per month.
