Navient Recognized for Supporting Working Caregivers
HERNDON, Va. — Navient (Nasdaq: NAVI), a prominent player in the higher education finance sector, proudly announces its ongoing recognition as a Best Place to Work for Working Daughters. This acknowledgement for the fourth consecutive year underscores Navient's commitment to creating an inclusive and supportive environment for employees managing the dual responsibilities of work and caregiving.
The Importance of Supporting Caregivers
In today's workforce, a staggering one in three U.S. employees is balancing work with caring for a family member. This statistic highlights the rising significance of caregivers, making them the rapidly growing workforce segment. Organizations like Working Daughter emphasize that investing in caregiver support is not just altruistic but critical for business success. It's essential to foster policies and cultures that prioritize caregiver needs, promoting overall employee well-being and retention.
Holistic Support for Employees
At the heart of Navient's philosophy is a robust suite of total wellbeing programs that focus on providing comprehensive support. Patty McKeown, Navient’s Chief Human Resources Officer, expresses pride in the company's initiatives, which aim to alleviate the everyday pressures faced by working caregivers. These programs include resources for dependent care assistance and various mental health and wellness initiatives, recognizing that a balanced lifestyle enhances productivity and satisfaction in both personal and professional realms.
About Navient
Navient (Nasdaq: NAVI) plays a vital role in the financial management of higher education costs for students and families. The company is committed to delivering long-term value through responsible lending practices, flexible refinancing options, reliable servicing oversight, and years of portfolio management expertise. Employees at Navient flourish in a culture that values belonging and support, allowing them to achieve meaningful outcomes in their work.
Contact Information
For media inquiries, please reach out to Cate Fitzgerald at 703-831-6347 or via email at catherine.fitzgerald@navient.com. For investor-related inquiries, contact Jen Earyes at 571-592-8582 or via email at jen.earyes@navient.com.
Frequently Asked Questions
What is Navient's recognition about?
Navient has been recognized as a Best Place to Work for Working Daughters for its supportive policies aimed at caregivers.
How does Navient support working caregivers?
Navient offers programs that include dependent care assistance and mental health resources to help manage work-life balance.
Why is it important to support caregivers in the workplace?
Supporting caregivers leads to better employee well-being, retention, and overall productivity, which benefits the organization.
What does Navient do?
Navient helps students and families manage the costs of higher education through lending and servicing solutions.
How can I contact Navient for more information?
Media inquiries can be directed to Cate Fitzgerald at 703-831-6347, while investor inquiries should be directed to Jen Earyes at 571-592-8582.
