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Peanut Butter

Peanut Butter

Facilitates benefit that reduces employee student loan debt.

1 follower

Facilitates benefit that reduces employee student loan debt.

1 follower

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Company Info
getpeanutbutter.com
Peanut Butter Info
Launched in 2015View 1 launch
Forum
p/peanut-butter
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Peanut Butter gallery image
Peanut Butter gallery image
Peanut Butter gallery image
Launch tags:
Web App•Tech
Launch Team
Drew DePriestDavid AronsonBeccaFeig

What do you think? …

David Aronson
David Aronson
Peanut Butter

Peanut Butter

Maker
Hi, I’m Dave, CEO of Peanut Butter. We built Peanut Butter to give employers an opportunity to share in one of the biggest accomplishments many people have during the early part of their career – paying off their student loans. Our software + service makes it easy and secure for employers to offer student loan repayment as a benefit. When companies support employees in getting out of debt, we believe more employees will stick around, and tell their friends they work someplace cool. You may be interested to check out our Millennial Benefit Preferences study that asked college students and working professionals which employee benefits would motivate them. We worked with a student group from DePaul University to conduct the study, and recently presented the study at Purdue. Excited to be on Product Hunt and looking forward to talking with you.
Report
9yr ago
Melissa Monte
Melissa Monte
@davidaronson Hi David! Love what you're doing with this. Question for you: How did you initiate your research study with DePaul University?
Report
9yr ago
David Aronson
David Aronson
Peanut Butter

Peanut Butter

Maker
@melissamonteee Thanks, Melissa! I was introduced to a Masters student through 1871 Chicago, then she pulled in a group. We found that student loan repayment resonates quite a bit with students and they were pretty excited to work on it.
Report
9yr ago
Joseph Toe
Joseph Toe
Really interesting concept! Is this integrated with any payroll systems?
Report
9yr ago
David Aronson
David Aronson
Peanut Butter

Peanut Butter

Maker
@jctoe03 it uses a 1x/mo. census file. There is limited data involved, and census files are commonly used for similar HR data by mid-market and large enterprise HR depts.
Report
9yr ago
Isaiah Turner
Isaiah Turner
Poparazzi

Poparazzi

Pricing tiers need some work. Once you get to around 700 employees, it's cheaper to pretend to have 1000 than 700.
Report
9yr ago
David Aronson
David Aronson
Peanut Butter

Peanut Butter

Maker
@isaiahjturner thanks. That's what we're trying to get away from and your comment tells me we can explain it better. Tiers are structured like tax brackets so you always pay $10/mo. for the first 100 enrolled employees, then the company is billed $8/mo. for enrolled employee #101 through #1000. We want to make pricing predictable for employers, recognizing that higher volume should yield a lower unit price. By billing on enrolled employees, we can avoid pretending.
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9yr ago
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