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Average Ratings 0 Ratings

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ease
features
design
support

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Description

You could be maximizing the potential of your PTO benefits, which can lead to increased employee satisfaction, improved retention, reduced stress, and enhanced engagement by encouraging employees to utilize their time more effectively. A staggering 78% of workers are living from one paycheck to the next, while 41% find it challenging to manage a $2,000 unexpected expense, making accrued PTO a valuable resource for addressing unforeseen financial challenges. Employees can utilize their accrued PTO to contribute to their retirement savings, invest in their child's education through a 529 plan, or alleviate student loan debt, making it a versatile asset. Research shows that 68% of employees return from time off feeling reenergized and more productive, and PTO Genius actively identifies company-friendly ways for employees to take time away, while also simplifying the process of converting unused PTO into cash to fund vacations. The Genius Team is dedicated to supporting you throughout this journey, helping you to grasp the extensive features and advantages available for your organization, tailoring the platform to meet your specific requirements, and ensuring a smooth launch experience, all within just a few days! We’re excited to assist you in enhancing your workplace culture!

Description

Enhance the financial well-being of your workforce by decreasing PTO liabilities while simultaneously boosting your company's cash flow. Sorbet’s innovative PTO cash-out feature empowers employees to convert their unused PTO into immediate cash, alleviating the financial burden on employers. This means your team can access their earned compensation precisely when they need it, all while keeping their monthly salaries intact. Notably, implementing Sorbet incurs no expense for your organization; rather, it offers a cost-saving advantage. In instances where employees opt not to cash out, your company faces no charges, but when they do, your savings increase! You can also monitor the anticipated value of your PTO liabilities over time, gaining valuable insights into both the financial and overall health of your organization. By allowing employees the autonomy to decide how best to utilize their PTO, you contribute to their financial stability. Supporting your employees in managing their finances and enhancing their quality of life can lead to improved morale, making it a mutually beneficial arrangement for everyone involved. This approach not only fosters a positive work environment but also reinforces the company's commitment to its employees' financial wellness.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

ADP Enterprise HR
BambooHR
Deloitte Compliance Suite
Workday Extend

Integrations

ADP Enterprise HR
BambooHR
Deloitte Compliance Suite
Workday Extend

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

PTO Genius

Country

United States

Website

www.ptogenius.com

Vendor Details

Company Name

Shift Time

Country

United States

Website

www.getsorbet.com

Product Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Product Features

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Financial Services

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

Leave Management

Approval Process Control
Calendar Management
Employee Scheduling
FMLA Tracking
Leave & Absence Reporting
Leave Policy Management
Self Service Portal

Alternatives

Alternatives