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Peanut Butter Reviews & Product Details - Page 10

Peanut Butter Overview

What is Peanut Butter?

Peanut Butter makes it easy for employers to offer student loan assistance as a benefit. Companies of all sizes look to Peanut Butter to administer student loan repayment plans and to provide employees with resources to manage student debt. When employers help, everyone wins! Employees get out of debt faster, companies are able to reduce days to hire, extend employee tenure, improve diversity, and increase engagement.

Peanut Butter Details
Product Website
Languages Supported
English
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Product Description

Peanut Butter administers student loan assistance programs to help employers attract, retain, and engage college-educated talent.

How do you position yourself against your competitors?

Peanut Butter is an independent benefit administration company build from the ground-up to make it easy for employers to offer Student Loan Assistance. Our singular focus is on the administration of this benefit and making it easy for employers to implement.


Seller Details
Company Website
Year Founded
2015
HQ Location
Chicago, ILLINOIS (IL)
Twitter
@peanutbutterget
636 Twitter followers
LinkedIn® Page
www.linkedin.com
13 employees on LinkedIn®
Description

Peanut Butter helps employers provide the top benefit desired by college-educated talent: student loan assistance in the form of resources and repayment plans. In doing so, Peanut Butter enables employers to reduce hiring timelines, increase employee tenure, and improve diversity, all while making a positive impact on employees’ financial futures. By providing personalized and easy-to-use resources to both the employer and the employee, Peanut Butter offers a service that is both financial wellness-forward and meaningful to everyone involved.


David A.
DA
Overview Provided by:
CEO, Peanut Butter Student Loan Assistance

Recent Peanut Butter Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Seamless"
Once registered, everything happened automatically. Easiest process ever!
Junon J.
JJ
Junon J.Mid-Market (51-1000 emp.)
5.0 out of 5
"Peanut Butter has aided me in paying off my student loans completely."
It was easy to use and easy to sign up. With me still paying the minimum, it made my goal both achievable and attainable.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Helped me pay off my loans 3 months early"
It was easy to set up, and once set up, it took care of itself. My extra payments helped keep the interest down, and I was able to close out my loa...
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Peanut Butter Media

Peanut Butter Demo - Peanut Butter Employer Experience
Employer Dashboard
Peanut Butter Demo - Peanut Butter Employer Experience
Employee Info Page
Peanut Butter Demo - Peanut Butter Employer Experience
Company Info Page
Peanut Butter Demo - Peanut Butter Employer Experience
Communications Toolkit
Peanut Butter Demo - Peanut Butter Employee Experience
Employee Invite
Peanut Butter Demo - Peanut Butter Employee Experience
Employee Loan Linking
Play Peanut Butter Video
Play Peanut Butter Video

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Video Reviews

125 Peanut Butter Reviews

4.9 out of 5
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125 Peanut Butter Reviews
4.9 out of 5
125 Peanut Butter Reviews
4.9 out of 5

Peanut Butter Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Cons

Overall Review Sentiment for Peanut ButterQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Peanut Butter?

The folks at PB are super helpful & their response time to any question is unlike anything I've ever encountered. The platform is so easy to use it's basically dummy proof, which is great b/c the last thing any busy administrator needs is an unintuitive, clunky, time consuming tool. I searched the market for a while before finding PB and at first I was unsure about going with a name I had not heard of before. However when I compared PB's offer to a few competitors (Fidelity being one), they literally blew everyone else away - by like A LOT. They are significantly less expensive but yet offer way more service! Kind of felt too good to be true so I dove in deeper & realized, yep, they really are that great. I suspect it's b/c this is there bread & butter (no pun intended, lol) so they are experts in the field but for other shops that are trying to offer this service, it's an afterthought type service (so therefore it sucks). Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Nothing yet. So far so good. It's all very straight forward. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

Go for it. I did the homework, compared the vendors & PB always came out on top. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Our employees love that we have implemented a student loan repayment program. I truly think it's not even about the actual money but more about the gesture & thought of it all. The response has been overwhelmingly positive & it's great that when interacting with the PB website, it's so easy to use that that good feeling carries through. It's like the good "vibe" of it all is reinforced when they encounter a platform that really helps them complete the process very easily & in plain english highlights the benefit to them. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this! Glad you liked our easy implementation process and HR support. We’re happy you could help your job candidates and employees understand the value your company is providing through our student loan repayment program. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

JK
Director of Compensation and Benefits
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

PB is laser focused on providing the best experience for their customers and end users. They are on top of every request and respond quickly, efficiently and professionally. Their technology works great, too. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

No downsides whatsoever. My employees are happy and I'm a very happy administrator. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

Their service is offered by other vendors, but I know those vendors won't provide you and your employees with attention that Peanut Butter will. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Offering our student loan assistance benefit will lead to improved attraction and retention. This benefit will differentiate us from our competition. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Julie! We strive to make our student loan assistance programs easy and effective. Glad to hear that Peanut Butter served as an efficient and simple way to show your talented employees that you care about helping them pay their student loans. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Human Resources
UH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

I love that Peanut Butter is so easy to navigate through and appreciate this rare perk that my job offers - student loans are no joke. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

N/A. I love everything about Peanut Butter and encourage many of our clients to take advantage of this perk. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

Highly recommend using this program for your company. This is a great way to get amazing educated employees, not many companies offer this perk. This perk will set you apart from other companies. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Peanut Butter has helped me pay off my student loans faster. I love that they pay it directly to my loan provider as it doesn't require any work on my end. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this! We strive to make our digital enrollment easy. Glad to hear our Refinancing Marketplace helped your company show that they value you by contributing to your student loans. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

I benefitted from Peanut Butter through my company. It was very helpful in bringing down the amount of interest I owed and resulted in me paying less money out of my own pocket. When it comes to student loans, every bit helps! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Nothing to dislike, it is a great program for helping people decrease the amount of student loan debt they are responsible for paying. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

As mentioned above, Peanut Butter helped me pay off my student loans in a timely manner. Of course it was just a small portion, but bringing down interest payments is very helpful! Every dollar counts. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this! We strive to make our student loan assistance program easy and effective. I'm glad that your company's contributions made a difference for you. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Program Development
AP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Peanut Butter?

It helps easily manage everyone of our employees who have student loans that want to enroll in this benefit. It’s so easy to sign up. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

We have a few employees with international school loans and that is a little more complicated to accommodate. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

It’s helping our employees pay off their student loans which is a great benefit that our employees appreciate. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

We appreciate you sharing this. Glad to hear that Peanut Butter served as an efficient and simple way for you to show that you value and care about your talented employees. We strive to make our implementation process simple. I'm responding your message little late, but since 2020, most employers have chosen to offer the benefit tax-free and, unfortunately, international loans do not qualify under tax-free plans.

Verified User in Program Development
AP
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

Being an admin of the program and employee who is getting a benefit, I have to admit that PB is easy to use from both sides. I like monthly notifications that remind me to check how many participants are in the program, add or suspend users. Also, I like notifications about how closer I got with my loan repayment. Customer service is great! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

At this point I don't think there is anything I don't like. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Younger employees love loan repayment benefit, I think every employer should provide this benefit to attract recent grads. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this! We strive to make our Contribution Tracking, implementation process and Refinancing Marketplace simple and effective. We’re happy you could help your employees understand the value your company is providing through our student loan repayment program. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

AJ
HR Director
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Peanut Butter?

I love sharing with peers, new hires, and prospective employees that we have student loan assistance! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

The system seems a little clunky on the administration side, but since I really only go in there once a month, it may be an issue with the ramp up on my comfort level. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

PeanutButter has been a positive driver for our company value of Learning. I wholeheartedly recommend adding PeanutButter to your suite of employee benefit offerings. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

We have had PeanutButter mentioned as a positive attribute in our online employee reviews on GlassDoor! Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Ann! We strive to make our student loan assistance programs easy and effective. Glad to hear that Peanut Butter helped you show your talented employees that you value them. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Human Resources
AH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

PB is very efficient as a user and for the our clients as well. The website is great and takes you step by step to set up. The monthly updates when the funds are deposited are extremely nice as well! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I wish there were more capabilities of what we are able to do on the website from the administrative side. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

This helps our employers with the retention aspect for their employees This is a great benefit to offer to employees to ensure they are getting the total rewards package. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this. We strive to make our implementation process easy. Glad to hear that Peanut Butter served as an efficient and simple way to show your diverse employees that you care about them by contributing to their loans. For additional resources, check out the Toolkit tab for communications templates and the Support Center for help articles. Your Customer Success Manager is also here to help. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

Peanut Butter is extremely user friendly. We were up and ready to roll out the benefit within a week. Based on feedback from our employees, the customer service is knowledgeable and responsive. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Nothing to dislike - extremely flexible program. Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

This is the simplest benefit enrollment we've had. Peanut Butter is able to articulate exactly what has needed, and our employees are very happy. The monthly fee is also reasonable. Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

No problems. The largest benefit is being able to assist our employees in paying down their debt more quickly. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this. We strive to make our implementation process and HR support convenient. Glad to hear that Peanut Butter served as an efficient and simple way to show your talented employees that you care about helping them pay their student loans. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.

Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Peanut Butter?

I really enjoy the easy upload process for new hires and the termination process is super simple. I was new to overseeing the process and training went fast and I hardly had any questions because of how great the user interface was. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A- Review collected by and hosted on G2.com.

What problems is Peanut Butter solving and how is that benefiting you?

Our organization utilizes Peanut Butter for our Student Loan Assistance program. The platform allows us to invite all new hires to sign up for the program and provides more information via email, rather than an HR representative having to manually send out those emails. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this! We strive to make our student loan assistance program easy and effective. Glad to hear that Peanut Butter helped you show that you value your talented employees by contributing to their student loans. P.S. Sorry for the late reply. I just learned that we can respond to reviews on G2.