$150 a month

Employee Benefit News

Kathryn Mayer

November 2

Have overwhelming student debt? No problem - your employer's got your back.

International auction house Sotheby has announced that it will contribute $150 each month toward employees' repayment of the principal amount of their student debt, up to $1,800 per year, beginning January 1. They're one of many employers that are turning to student loan repayment benefits to attract and retain talent. The program - which will be offered through student loan repayment platform Gradifi - has no lifetime limit, as long as the employee remains an eligible full-time U.S.-based employee of Sotheby with qualifying student loans.

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