Peanut Butter logo

Peanut Butter

by Peanut Butter · Since 2015
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Active1+ countriesCloudFree tier
Quick facts
VendorPeanut Butter
Year launched2015
StatusActive
LocationBuffalo 1 W Seneca St., Floor 24, Buffalo, New York 14203, US
Countries served1+
Languages6
Integrations
Free tierYES
Free trial
Contact sales

About Peanut Butter

Peanut Butter is a food product from Peanut Butter [used as a spread, ingredient, or snack]. It includes natural peanuts, salt, and sometimes sugar so it provides a creamy or crunchy texture along with protein and healthy fats. Peanut butter can be enjoyed on bread, in smoothies, or as a dip for fruits and vegetables. It is often used in recipes for cookies, sauces, and protein bars. Key capabilities: high protein content contains healthy fats gluten-free options available in different textures various flavors Best for: individuals and families that need a nutritious snack or ingredient in their meals.

Peanut Butter is a platform designed to help employers provide student loan assistance as a benefit to their employees. This solution aims to reduce financial stress by offering loan repayment contributions, educational resources, and refinancing options. By integrating these services, the platform enhances employee retention, engagement, and workplace productivity, helping employers attract and retain top talent. It also supports diversity in the workplace by attracting a more varied talent pool and increasing overall employee satisfaction. The software is user-friendly, offering both employers and employees an intuitive interface. Employers can easily manage and customize student loan assistance programs, while employees can access a personalized dashboard to track their loan payments and progress. Peanut Butter integrates seamlessly with existing payroll systems and HR platforms, ensuring smooth operation and automated payment processing. This seamless integration enhances efficiency and allows both parties to focus on their core responsibilities while relying on Peanut Butter to handle student loan-related benefits. One of the platform's standout features is the ability to make loan repayment contributions to employees, which directly supports talent retention.

Pros & Cons

What users like
  • +Easy-to-use interface for both employers and employees
  • +Flexible student loan repayment plans
  • +Free refinancing option for employees
  • +Increases employee retention and workplace productivity
  • +Helps improve workplace diversity
What users flag
  • Monthly participant fee for repayment plan may add up for larger teams
  • Limited to employers in specific industries or regions

Features

Key features

Student Loan Resources
Peanut Butter provides employees with tools and resources to manage their student loan debt effectively. This includes informational materials, calculators, and tips for better debt management.
Student Loan Repayment Contributions
Employers can make contributions toward their employees' student loans. This feature helps with recruitment and retention by offering financial assistance that directly impacts employee debt.
Refinancing Plan
Peanut Butter offers a free refinancing plan, where employees can refinance their student loans for better terms. This service provides an alternative to conventional loan repayment strategies.
Increased Employee Productivity
By offering student loan assistance, companies see increased productivity in the workplace as employees experience less financial stress. This can translate into improved performance and engagement.
Improved Employee Retention
Offering student loan assistance helps increase employee tenure by an average of 36%. Employees are more likely to stay with companies that provide meaningful financial benefits.
Diversity Boost
Student loan assistance can help companies increase diversity by attracting a wider range of candidates from different educational backgrounds.

Additional features

Comprehensive Loan Assistance
Offers end-to-end support for managing student loan debt, including repayment contributions, educational resources, and refinancing.
Customizable Payment Plans
Employers can customize loan repayment plans based on their budget and employee needs, providing flexibility for both sides.
Employee Dashboard
Employees have access to an easy-to-use dashboard to track loan payments, progress, and contributions.
Automatic Payment Processing
Peanut Butter automates the payment process, ensuring timely and accurate contributions toward employees' student loans.
Payroll Integration
Integrates seamlessly with payroll systems to ensure smooth payment processing and data synchronization.
Tax Benefits for Employers
Employers may benefit from tax advantages when contributing to student loan repayment programs, helping reduce overall costs.
Resources for Financial Education
Educational tools and resources are provided to help employees make informed decisions about their student loans and personal finance.

Pricing

Free trial
Free version
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Promo Offer

Annual plans

Base Fee

USD 750

≈ USD 62.5/mo when billed annually

≈USD 62.50/mo when billed annually

Countries & Languages

1
Countries served
6
Interface languages
1
Billing currencies

Available in

All Countries.

Interface languages

EnglishSpanishFrenchGermanItalianChinese

Billing currencies

🇺🇸USD

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