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A new recruiting draw for Atlanta-based Honeywell is attracting recent graduates. VP of staffing, Jim Schwab, called the incentive a “contemporary benefit.”
The new program allows employees across all departments to receive a student loan payoff up to $10,000. Honeywell will measure its effectiveness in the Atlanta office before implementing nationwide.
A LinkedIn study revealed that the millennial generation changes jobs at least four times after graduation. Honeywell believes this benefit program could help curb job-hopping and retain talent, and with an average debt of $25,000 per college graduate, it’s sure to tempt some job-seekers.