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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

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 

Screenshots View All

Screenshots View All

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 

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