The Carlstar Group Introduces Student Loan Repayment Benefit For Employees

The Carlstar Group Introduces Student Loan Repayment Benefit For Employees

The Carlstar Group announced that it has partnered with Gradifi to offer a Student Loan Repayment (SLP) benefit to its U.S. employees beginning in November.

Carlstar Group Price Increase Tariffs

The Carlstar Group announced that it has partnered with Gradifi to offer a Student Loan Repayment (SLP) benefit to its U.S. employees beginning in November. The Carlstar Group is a manufacturer of specialty tires and wheels and employs more than 3,400 associates in 17 facilities located in four countries.

“This is an exciting new benefit we are able to offer to our team of employees,” said Jon Mathews, Executive Vice President of Human Resources at The Carlstar Group. “As a large, U.S.-based manufacturer employing thousands of talented team members, we hope to lessen the financial burden that student loans place on our employees while at the same time expanding our total benefit offering and enhancing employer/employee connections throughout our business.”

Working with Boston-based Gradifi, the leading provider of Employer SLP Plans, The Carlstar Group is joining the ranks of other progressive companies, including PricewaterhouseCoopers (PwC), in leading the charge of tackling our nation’s student loan debt crisis, which impacts 70 percent of recent college graduates in the United States. Beginning in November of this year, The Carlstar Group will supplement eligible employees’ regular student loan payments with a monthly contribution through a managed program offered by Gradifi.

“Each eligible employee can participate in the SLP program for up to five years, with a total benefit of up to $5,100 toward the principle of a student loan” said Mathews. “This financial assistance can help save thousands of dollars while reducing the overall life of the loan.”

Meera Oliva, chief marketing officer of Gradifi, said, “We are proud to partner with The Carlstar Group to offer a student loan repayment benefit to employees. A student loan repayment benefit not only relieves the burden of student loan debt for employees but also creates a competitive advantage for employers seeking to attract and retain talent in today’s tight labor market. The Carlstar Group is a leader in recognizing the challenge and in providing a cost-effective, easy-to-implement solution.”

You May Also Like

TIA’s Advanced Farm Tire Service training to take place in June

The training class for technicians in the agricultural and farm tire industries is set to take place June 11-14.

TIA_training-

The Tire Industry Association's (TIA) upcoming Advanced Farm Tire Service (FTS) training class for technicians in the agricultural and farm tire industries is set to take place June 11-14 at Stellar Industries in Garner, IA. TIA said its Advanced FTS Training program provides technicians with hands-on instruction and classroom knowledge of the farm tire industry.

Maxxis-sponsored athletes make podium, overall top 10 at Mint 400

Maxxis athletes Michael McFayden, Ethan Ebert and Trey Gibbs had podium finishes at the Mint 400 on Maxxis RAZR XT tires.

2024-mint400-maxxis
Sun Auto Tire reveals winner of Ford Bronco Sport giveaway

Lowell Anderson entered the giveaway at his local Sun Auto Tire & Service store while receiving a routine oil change.

Sun-Auto-Bronco-giveaway
Nokian Tyres holds bracket challenge on worst roads in North America

In 2023, the tiremaker’s audience voted Quebec as the province or state with the worst road conditions on the continent.

Pothole-Protection-from-Nokian-Tyres
Gallery: 2024 Big O Tires conference and convention

Highlights from this year’s Big O Tires conference and convention, featuring a general session, trade show and breakout sessions.

Gary-Skidmore

Other Posts

Bridgestone’s Firestone Liberia rubber farm receives ISCC Plus recognition

According to Bridgestone, its Liberia facility earned the ISCC Plus certification for its efforts in reducing environmental impacts.

Firestone_Liberia
Ascenso Tires adds new OEM sales manager

Douglas Duesing has more than ten years of experience working in agriculture, construction and mining OEMs.

Ascenso-Douglas-Duesing-1400
Nexen Tire Motorsports drivers earn top placements at King of the Hammers

Nexen Tire Motorsports partnered with drivers across a variety of racing series both on- and off-road, including King of the Hammers.

Nexen-KOH
BKT to showcase its EarthMax tire range at AGG1 Academy & Expo

At booth 353, BKT said it is going to display its flagships for the OTR world, namely three all-steel radial tires from the EarthMax range.

BKT-AGG1-expo-1400