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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.
Description
In 2011, SoFi was a trailblazer in the field of student loan refinancing. Over the years, we have expanded our SoFi at Work platform for employers, offering a range of services, tools, and educational resources designed to give employees a complete view of their finances, empowering them to make informed choices and reach their financial aspirations. Our employee benefits program serves as a straightforward and all-encompassing solution for employers looking to enhance their staff's financial wellbeing, featuring contributions for student loans and 529 plans, as well as various educational resources. The newly introduced SoFi at Work Dashboard functions as a centralized financial hub for employees, presenting them with an extensive overview of their finances, an array of tools for sound decision-making, and an access point for their benefits, all intended to aid them in accomplishing their financial objectives. From planning for college and managing student debt to establishing an emergency savings fund, the benefits provided by SoFi at Work cater to a wide array of employee needs, enriching the overall financial health of the workforce. Ultimately, SoFi is committed to fostering an environment where employees can thrive financially and achieve their long-term goals.
API Access
Has API
API Access
Has API
Integrations
ADP Workforce Now
Auth0
Okta
Paylocity
SAP Cloud Platform
SoFi
Workday HCM
Integrations
ADP Workforce Now
Auth0
Okta
Paylocity
SAP Cloud Platform
SoFi
Workday HCM
Pricing Details
$1 per employee per month
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 Exchange
Founded
2014
Country
United States
Website
www.ptoexchange.com
Vendor Details
Company Name
SoFi
Founded
2011
Country
United States
Website
www.sofi.com/sofi-at-work/
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
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning
Leave Management
Approval Process Control
Calendar Management
Employee Scheduling
FMLA Tracking
Leave & Absence Reporting
Leave Policy Management
Self Service Portal
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