Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Simplifying student loan benefits: They're essential for your workforce and groundbreaking for you. Additionally, contributions towards student loans are now exempt from taxes. Our mission is to offer your organization tailored student loan benefits that aid your staff in funding their education or that of their loved ones. This support not only assists them but also enhances your ability to attract and retain high-quality talent. There are various strategies to transform student debt relief into a corporate advantage. With our flexible options, you can easily discover the perfect solution for your organization. Accelerate your employees' journey to financial independence by either making direct monthly contributions to their student loan payments or by providing them with tax-advantaged 401(k) options. Our educational finance decision support tool guides employees in choosing the most effective approach for managing their student loans while also planning for future educational expenses. Offering accessible loans for the educational needs of employees and their families is another way to strengthen your team's financial well-being. By investing in their education, you’re fostering a more knowledgeable and capable workforce.
Description
PTO Exchange is an innovative benefits platform that allows employees to convert their accrued vacation hours into cash assets that they can use for personal expenses and support the causes that matter to them. This unique offering provides companies with a compelling advantage that caters to the diverse needs of every employee within the organization. The platform seamlessly integrates with existing systems, empowering employees to take charge of their financial well-being. Unused PTO can be allocated towards various essential expenses such as Retirement Accounts, Student Loans, and Health Care Expenses or HSAs. Imagine being able to trade in some of your unutilized PTO to fund your next vacation—now that’s a reality. Additionally, employees have the ability to donate to over one million certified non-profit organizations, support meaningful causes, or assist colleagues who may be in need. This strategic approach not only helps to mitigate PTO balance sheet liabilities but also enhances talent acquisition and retention strategies. In essence, it creates a win-win situation for both HR and Finance departments, as they will both recognize the benefits of improved PTO offerings while simultaneously minimizing corporate liabilities. Furthermore, this initiative fosters a more engaged and satisfied workforce, ultimately driving organizational success.
API Access
Has API
No
API Access
Has API
No
Integrations
ADP Workforce Now
No
Auth0
No
Okta
No
Paylocity
No
SAP Cloud Platform
No
Workday HCM
No
Integrations
ADP Workforce Now
Yes
Auth0
Yes
Okta
Yes
Paylocity
Yes
SAP Cloud Platform
Yes
Workday HCM
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$1 per employee per month
Our flat monthly rate is based on a per-employee-per-month model
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
CommonBond
Founded
2011
Country
United States
Website
www.commonbond.co/student-loan-benefits
Vendor Details
Company Name
PTO Exchange
Founded
2014
Country
United States
Website
www.ptoexchange.com
Product Features
Product Features
Benefits Administration
COBRA Administration
No
Claims Management
No
Deduction Management
Yes
Disability Insurance Administration
No
Employee Benefits Administration
No
FMLA Administration
No
FSA Administration
No
Flexible Spending Accounts
No
For Brokers
No
For Employers
No
HIPAA Compliant
No
Health Insurance Administration
No
Life Insurance Administration
No
Online Benefits Enrollment
Yes
Premium Billing
No
Provider Management
No
Retiree Administration
No
Retirement Plan Management
No
Compensation Management
Bonus Management
No
Compensation Assessment
No
Compensation Calculation
No
Compensation Plan Modeling
No
Compensation Statements
No
Employee Reward Programs
Yes
Incentive Programs
No
Organizational Charting
No
Salary Planning
No
Leave Management
Approval Process Control
Yes
Calendar Management
No
Employee Scheduling
No
FMLA Tracking
No
Leave & Absence Reporting
No
Leave Policy Management
Yes
Self Service Portal
Yes