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Peanut Butter Reviews & Product Details - Page 5

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
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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.
Pros
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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JM
Director, Human Resources
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

The implementation process was smooth, it feels like we have an outstanding company backing us, and the support has been fantastic! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

To be honest, we have not had one issue and if we did I know we can call for support any time! Review collected by and hosted on G2.com.

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

Peanut Butter has stepped in so we can offer our employees assistance with college debt. The administrative part is straightforward, and we are thrilled to provide this benefit again. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for taking the time to share your experience, Jamie. I'm really glad to hear that the implementation was smooth. We're thrilled to support your company and build an impactful program for your employees!

JG
Employee Engagement Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

I like the fact that it is so easy to navigate the portal. I also think that offering this service to our employees is great because they really appreciate it. Communication from our rep has also been great! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I would like to have an option to terminate and eliminate an employees profile from the website. I am not sure if this can be done but I currently do not know how. Review collected by and hosted on G2.com.

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

We are trying to help our people with student loans because we understand how burdensome this is for many of them. Even if we contribute just a tiny bit, our people love it! Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Jerry! Your efforts to retain your talented team members by contributing to their student loans will go a long way. We strive to make our portal user-friendly, so we're glad to know that this has been reflected in your experience! If you'd like to see a subset of employees, just use the filter on the Employee Info page, or contact your Customer Success Manager to request a delation. By default, the system will maintain records of suspended users so that you (as employer) maintain a record of who was eligible and who received contributions.

Rob B.
RB
Superintendent
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

Peanut Butter has been great in helping us set up a system to provide loan payments for staff. This is will be another benefit available to attract and keep quality staff. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

The most challenging piece has been trying to involve other players in the process. Review collected by and hosted on G2.com.

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

There is a shortage of teachers. Hopefully, this will give us another benefit to attract staff. Review collected by and hosted on G2.com.

MM
customer service rep
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Peanut Butter?

I like that I can add my loan on the peanut butter website and see my balance go down. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

There are now downsides that I can think of. Review collected by and hosted on G2.com.

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

Peanut is helping students manage their loans and view their progress. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for taking the time to provide your review, Milagros!

Verified User in Non-Profit Organization Management
AN
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

Dealing with customer support was a breeze! After experiencing turnover in our finance department, the PB team got us squared away in one phonecall. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

We have not experienced anything wrong with PB itself. The compliance stuff is a little tricky, but PB makes it easy to deal with. Review collected by and hosted on G2.com.

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

Peanut Butter helps us appeal to younger employees, where student loan debt is a relevant issue. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for your review and feedback. I'm glad we were able to help you with the administration when you experienced turnover at your company, and that the student loan assistance program is helping you attract younger employees. We work hard to explain best practices so that you can feel good about compliance. All employers have access to our Tax-free Briefing, available for download from our website, and our clients receive the support of their dedicated Customer Success Manager. If there's more we can do, please let me know.

MC
Board Secretary
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

The helpfulness and willingness to respond back quickly. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Honestly, at this time I cannot think of anything that I dislike. Review collected by and hosted on G2.com.

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

They are allowing us to provide a great benefit for our teachers. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

I'm so glad you found our support to be friendly and responsive, Melissa. Thanks for using Peanut Butter!

Andrea F.
AF
Business and Operations Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

Ease of set up, ease of use. Reasonable ongoing cost for the administration of the benefit. Simple to make changes or add employees via ADP. Great benefit for employees! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

Long set up time (60 days from sign up to 1st payments made) Review collected by and hosted on G2.com.

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

We have 1 person with loans in default and therefore they can't take advantage of the program. But everything else has been extremely easy to do! Our employees are thrilled. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this Andrea! Our financial wellness tools have been designed to attract, retain, and engage college-educated talent, so we're glad to hear you liked our benefits. Happy to hear you enjoyed our program's ease of set up too.

Kelley M.
KM
Principal
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

Easy sign up, great customer service and support, our employees can get granular if they want to dig into their rates or just use for student loan repayment perk. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I haven't found anything I dislike to date. Maybe their name? Just kidding--it's clever when you know the backstory of why it's called Peanut Butter! Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

We reviewed several options for student loan repayment providers and Peanut Butter checked all the boxes. Be careful when you choose your provider, as many only have a "self administered" option which comes with ZERO support and service. Review collected by and hosted on G2.com.

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

Automation, tracking, transparency, equitable solution for our users, and it services Canada (to some extent) Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for this review, Kelley! We strive to make our sign-up process intuitive, so I'm glad to hear that it was quick and easy for you. Happy to read your positive feedback about our customer support as well.

Raymond H.
RH
CFO, Partner and Physical Therapist
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

From day #1 Peanut Butter has made it easy to administrate the program on the back end of our business, along with providing co-branded materials for staff education. Feedback from staff is that the registration process was straightforward and responsive, and information has flown through with accuracy and timeliness to our administrative team to tie it into payroll. Our support team has remained accessible beyond implementation and has attended formal and informal company events with staff attendance to lend a face to the program. The concept of the program also 100% aligns with our internal planning regarding hiring diversity and retention strategies. Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

I know it is beyond the control of Peanut Butter, but I do hope that in the future ERISA laws and regulations will allow for an "either/or/both" selection for participation in Student Loan Repayment and Company-sponsored Retirement programs such as 401k. I believe this would position each individual for the optimal conditions to minimize compounded interest payments while also targetting long-range goals toward wealth accumulation and retirement. Review collected by and hosted on G2.com.

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

Our current Student Loan Program with Peanut Butter allows us to have a competitive advantage when engaging with potential talent. In our particular industry and location, it is a differentiating item that adds attraction to our organization. Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thanks for sharing this, Raymond. We strive to make our digital enrollment process easy to use. Happy to hear that our student loan assistance program aligned well with your internal planning to retain your team's talent and diversity!

Verified User in Marketing and Advertising
UM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Peanut Butter?

The best thing about Peanut Butter is watching my student loans shrink! I liked the emails every month telling me how much closer I was to paying off my student loans. Someone from Peanut Butter even reached out to congratulate me once my student loans were officially paid off! Review collected by and hosted on G2.com.

What do you dislike about Peanut Butter?

There is nothing I disliked about Peanut Butter in my years using it. Never had any feature or log-in issues. Never wished it was anything else other than what it was! Review collected by and hosted on G2.com.

Recommendations to others considering Peanut Butter:

No recommendations Review collected by and hosted on G2.com.

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

Peanut Butter solved the problem of connecting my work payroll payment and student loan payments. Once I made the connection I barely had to do anything else so it was a great case of "set it & forget it". Review collected by and hosted on G2.com.

Response from David Aronson of Peanut Butter

Thank you for sharing this. We strive to make our program design and digital enrollment user-friendly. Glad to hear that it was a smooth and intuitive process for you. Happy to read your positive feedback about our monthly emails as well!