Terminix Employee Benefits Now Includes Student Loan Repayment Program
11 Marzo 2020 - 1:30PM
Business Wire
According to N.Y. Federal Reserve, student loan
debt second highest form of debt in the U.S., second only to
mortgages.
More than 45 million Americans across all age groups, job
titles, and industries are heading into the new decade with nearly
$2 trillion in student loan debt. In response to this alarming
trend, Terminix, a leading provider of residential and commercial
termite and pest control, and a ServiceMaster company (NYSE: SERV),
launched a student loan repayment program to alleviate the
financial burden of current employees but also to set the employer
apart when recruiting new talent.
“As we enter a new decade and continue to look for ways to
empower our frontline, we must also look at the services we provide
to our employees,” said David Dart, chief human resources officer.
“Employee retention is a top priority for 2020, and our new student
loan repayment program is a demonstration of our commitment to be
an employer of choice and provide competitive benefits.”
The program offers contributions of $50 per month to qualifying
full and part-time employees. Currently, there are 10,000 eligible
employees across the ServiceMaster family of brands. Since the
program launched in December 2019, initial demand has been
strong.
“We hope current employees will use this benefit to pursue their
own higher education goals, whatever they may be,” said Chris
Elmore, senior director of talent acquisition. “We know higher job
satisfaction comes from feeling appreciated for the work you do,
and we want our employees to know Terminix and ServiceMaster truly
values them, and the implementation of this student loan repayment
program reflects that.”
ServiceMaster partnered with Tuition.io, the leading platform
for employee student loan contributions to launch the program in
December. Tuition.io says ServiceMaster is leading the way when it
comes to employee benefits in its industry.
“Forward-thinking employers like ServiceMaster and Terminix
understand the needs of today’s workers and are offering their
employees a lifeline in student loan repayment to ease the stress
of this monumental financial burden,” added Scott Thompson, CEO of
Tuition.io. “Terminix is raising the bar for the pest control
industry by making this benefit accessible to their diverse
employee base across the country.”
Moving forward, Terminix and ServiceMaster are committed to
enhancing additional benefits tailored to deserving employees’
aspirations because service and care are at the heart of who they
are.
About ServiceMaster
ServiceMaster Global Holdings, Inc. is a leading provider of
termite and pest control, cleaning and restoration services in both
the residential and commercial markets, operating through an
extensive service network of more than 8,000 company-owned
locations and franchise and license agreements. The ‘company’s
portfolio of well-recognized brands includes AmeriSpec (home
inspections), Copesan (commercial national accounts pest
management), Furniture Medic (cabinet and furniture repair), Merry
Maids (residential cleaning), ServiceMaster Clean (commercial
cleaning), ServiceMaster Restore (restoration and reconstruction),
Terminix (termite and pest control) and Terminix Commercial
(commercial termite and pest control). The company is headquartered
in Memphis, Tennessee. For more information visit
www.servicemaster.com or follow the company at
twitter.com/ServiceMaster or Facebook.com/ServiceMaster.
About Terminix
Terminix is a leading provider of commercial and domestic pest
control services. Headquartered in Memphis, Tennessee, U.S.A.,
Terminix services approximately 2.8 million domestic and commercial
customers in 24 countries and territories. Terminix provides pest
control services and protection against termites, rodents and other
pests. Terminix is a business unit of ServiceMaster Global
Holdings, Inc. (NYSE: SERV), a leading provider of essential
residential and commercial services. To learn more about Terminix,
visit Terminix.com.
About Tuition.io
Tuition.io is the leading benefits platform tackling employee
student loan debt. Through its suite of education assistance
benefits including student loan repayment, tuition assistance, and
a bevy of financial wellness tools, Tuition.io provides an
impactful and meaningful solution for employers and employees.
Tuition.io works with innovative companies across all industries
including Carhartt, City of Memphis, Estée Lauder Companies, Hulu,
Live Nation, Staples, Trilogy Health Services and more. For more
information, visit www.tuition.io or follow us at @Tuitionio.
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version on businesswire.com: https://www.businesswire.com/news/home/20200311005185/en/
Alex Flores | 901.619.8219 |
alex.flores@servicemaster.com
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