💰Your Hospital Has Money With Your Name On It

If you’re working the frontlines in a U.S.-based non-profit hospital—whether you’re a nurse, respiratory therapist, patient tech, phlebotomist, or environmental services staff—you know one thing for sure:

💡 You earn every penny of your paycheck.

But what if we told you that your hospital is offering financial wellness benefits that could help you:

✅ Pay off your student loans faster

✅ Go back to school (without going into debt)

✅ Plan for retirement like a boss

✅ Avoid high-interest credit cards in emergencies

✅ Actually understand your finances for once

Here’s the kicker: most hospital staff don’t use these benefits—not because they’re lazy, but because they don’t know they exist or how to access them.

Let’s change that. 👇

💸 Student Loan Repayment Assistance: Your Hospital Wants to Pay Off Your Loans—Let It!

If you’re still chipping away at student loans, you're not alone. According to the Education Data Initiative, the average healthcare worker has over $58,000 in student loan debt.

But good news: Many non-profit hospitals are now offering employer student loan repayment as part of their benefits package. That means they send monthly payments directly to your loan servicer—sometimes up to $5,250 per year, tax-free.

👩‍⚕️ Real Talk: We’ve seen hospitals help new nurses pay down over $20,000 in just a few years with these programs.

📌 Pro Tip:

Even if your hospital doesn’t offer this yet, advocate for it. Hospitals struggling with staffing shortages are more open than ever to new retention incentives.

🎓 Tuition Reimbursement: Stop Worrying About the Bill and Go Back to School

You don’t have to stay stuck in one role. Most non-profit hospitals offer tuition reimbursement that covers all or part of your classes—especially if they align with your job.

That could be:

A medical assistant becoming an RN 🩺
A CNA training to become an LPN
A lab tech getting certified in radiology

And even if you want to study something outside your role, some hospitals reimburse those, too.

📚 What’s the catch? You often have to pay upfront and get reimbursed after the course, and there may be grade or time commitment requirements. So read the fine print!

🧠 Workplace Financial Education: Stop Guessing and Start Knowing

Many hospitals now offer free access to workplace financial education through online platforms, live webinars, or even 1-on-1 coaching.

Topics may include:

📊 Budgeting on a tight income

🧾 Credit and debt management

🏠 Saving for a home

🎓 Navigating student loan forgiveness

You’re not supposed to be a financial expert—but you should feel confident about your money.

🧑‍⚕️ Imagine knowing exactly where your money goes every month and how to keep more of it. That’s the power of financial literacy.

🧓 Retirement Planning Support: It’s Not Too Early (Or Too Late)

If you’re not contributing to your hospital’s 403(b) retirement plan, you’re likely missing out on free money—aka the employer match. Even putting in just 2-3% could double when matched.

🚨 But here’s the problem: Many frontline workers either don’t opt in or don’t understand how it works.

👵 Future You says:

“Thank you for not making me live off ramen at age 65.”

Many hospitals also offer free financial advisors to help you plan a sustainable retirement—ask HR how to schedule a session.

🚨 Emergency Savings Programs: Because Life Happens

How would you pay for an unexpected car repair? A surprise medical bill? Or a furnace breakdown?

More than 60% of Americans can’t cover a $1,000 emergency without going into debt. But some hospitals are helping by offering employer-sponsored emergency savings programs.

You can set up an automatic deduction from your paycheck into a savings account, and in some cases, your employer will match your savings.

💥 Example: One hospital offered to match $500 if you saved $1,000 in your emergency fund over the year.

🧾 Public Service Loan Forgiveness (PSLF): This Program Could Erase Your Federal Loans

If your hospital is a 501(c)(3), you probably qualify for Public Service Loan Forgiveness. That means after 120 qualifying monthly payments, the government will forgive your remaining federal student loan balance—no tax bill attached.

🛑 The catch?

You must be on an income-driven repayment (IDR) plan, submit a PSLF form annually, and ensure your employer certification is up-to-date.

👩‍⚕️ Too busy to figure this out? That’s why some hospitals partner with services like PeopleJoy to help you get—and stay—on track.

💥 Why These Benefits Matter More Than Ever

Let’s face it: Wages in healthcare haven’t kept up with inflation. Burnout is at an all-time high. Staffing shortages are pushing frontline workers to the edge. But you do have leverage—and benefits are part of your total compensation.

Using your financial wellness benefits is one of the smartest and most underutilized ways to get ahead without working more hours.

📈 A financially stable employee is:

Less stressed
More focused
More likely to stay

So take that break. Ask HR for a full breakdown of your financial benefits. Use what’s already yours.

✅ Wrap-Up Action List:

✔ Ask HR for a copy of all financial wellness benefits
✔ Schedule a retirement planning or student loan forgiveness session
✔ Submit your PSLF form (if eligible)
✔ Sign up for your emergency savings match (if offered)
✔ Take one free financial education course this month

🎯 Is your hospital offering financial wellness benefits like student loan assistance, tuition reimbursement, or PSLF support—but employees aren’t using them? PeopleJoy partners with non-profit hospitals to drive awareness, utilization, and employee satisfaction.

Let’s make sure your frontline heroes get the financial relief they’ve earned.

📞 Call PeopleJoy at (267) 310-2723
🌐 Visit www.peoplejoy.com to schedule a discovery call and see how we help hospitals support their most valuable asset—their people.

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