Built on a Belief. Validated by a Patent. Proven by Results. 
PTO Exchange is the leading benefits exchange platform, transforming the value of unused, earned paid time off into meaningful financial outcomes for employees, at no net cost to the employer. Top benefits include improving recruitment and retention while reducing PTO liability on the balance sheet.

Trusted by over 150 organizations and 285,000 employees across the country.
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PTO Exchange

Solving two urgent, growing challenges: one for employers, one for employees.

PTO Exchange sits at a rare intersection of two urgent, growing challenges; one on the employer's balance sheet, one in the employee's bank account.

We resolved both. Simultaneously. With one patented, IRS-compliant platform.

Today, PTO Exchange is the only platform of its kind: validated by the IRS through private letter rulings, protected by U.S. Patent US10108933 B1, and trusted by mid-market and enterprise organizations across healthcare, financial services, nonprofits, manufacturing, and retail.

Our clients stay. Our results compound. And the employees we serve use their earned time to build the financial lives they deserve.

FOUNDED

2013

LAUNCHED

2017

US10108933 B1 — Category Creator

Patent

150+ employer clients

Clients

Employees on Platform

~285,000

Client Retention

98.8%

IRS-validated · SOC II Type 2 · SOC I Type 2 · All 50 states

Compliance

250–5,000 employees

Sweet Spot

Healthcare · Nonprofits · Financial Services · Manufacturing · Retail

Top Industries

Meet The Team
PTO Exchange is led by a team with deep expertise in HR technology, financial compliance, payroll integration, and benefits strategy. We bring that expertise together in service of a single mission: ensuring that every employee who has earned value at work has the freedom to direct it.
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Rob Whalen

Co-Founder / CEO
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Todd Lucas

Co-Founder / CTO
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Rob Schwend

Vice President of Product & Integration
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Steve Armstrong

Vice President of Finance & Operations
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Josh Reinhard

Vice President of Sales

PTO Exchange is the trusted guide that helps organizations unlock the hidden value of earned time, turning a balance sheet liability into a life-changing benefit, one employee at a time.

— Our Brand Promise
THE SOLUTION

Flexible Contributions and Withdrawals

PTO Exchange was built to solve both problems simultaneously — at no net cost to the employer.

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Group

The Only Patented, IRS-Compliant Platform of Its Kind. 

PTO Exchange is not a workaround; it is not an informal program. It is the category-creating, patented benefit exchange platform that converts the value of unused, earned paid time off into meaningful financial outcomes for employees.

  • Patent Protected

    Category-creating benefit exchange platform protected by U.S. Patent US10108933 B1.

  • IRS Validated

    Built on IRS-approved private letter rulings and a compliant benefit exchange methodology.

  • Enterprise Security

    SOC II Type 2 and SOC I Type 2 certified infrastructure for institutional data safety.

  • Nationwide Compliance

    Legally defensible and compliant across all 50 U.S. states, mitigating employer risk.

98.8

%

Client Retention Rate

51.8

%

Lower Turner

150

+

Employer Clients

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OUR MISSION

Your time is everything. You earned it. It should be yours to direct. Transforming the Value of Time.

Our Mission: Transform the Value of Time

We believe every person who shows up to work has already earned something valuable, and they deserve the right to choose what to do with it. Time is the most precious resource anyone has. PTO Exchange exists to make sure that the value of earned time works for, not against, the employee. 

We are the only compliant platform that allows employees to convert the value of their earned time off benefits into something else of value that the employee chooses. 

198

Employees Currently on Platform

$

51

M

Total Value Exchanged

2.3

M

Hours Exchanged to Date

Why This Matters. Why Now.

Over 765 million vacation days go unused in America each year. Due to IRS regulations, this compensation has been virtually impossible for employees to exchange for other forms of financial value.

At PTO Exchange, we have spent over a decade understanding the tax laws, rules, and regulations that govern earned time, and we have built that intelligence into an automated, easy-to-use platform that helps employees translate their PTO into other things of value. 

We exist because it matters. To real people, living and working in communities across the country. In our own way, we want to help every employee, regardless of generation, income level, or career stage, achieve more of what matters most to them.

Why
Our Purpose
We believe every person who shows up to work has already earned something valuable — and they deserve the right to choose what to do with it. Time is the most precious resource anyone has. PTO Exchange exists to make sure that the value of earned time works for — not against — the employee.
Our Platform
We are the only patented, IRS-compliant platform that converts the value of unused earned PTO into retirement savings, student loan repayments, HSA contributions, charitable giving, emergency cash, and leave sharing — automatically, at no cost to the employer.
What
How
Our Operating Principles

  • Compliance Integrity - IRS-validated, SOC II certified, legally defensible in all 50 states 

  • Accountability - We own our compliance posture fully and protect our clients from risk 

  • Ease & Automation - Seamless payroll integration; no manual processing, no ongoing maintenance 

  • Customization & Control - Employer-defined guardrails; employee-directed choice 

  • Employee-First Mindset - Positive financial impact for real people at every life stage 

One Platform. Every Generation. Every Financial Goal.

For the first time in history, six generations share the same workforce, each with completely different financial priorities. No single benefit has ever addressed all of them. PTO Exchange is the first

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For HR & Benefits Leaders

The differentiated, career-defining benefit that makes your Total Rewards package stand out, and gives your employees a personalized reason to stay. 90% of employees say they would remain with an employer that offered this type of benefit.

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For Finance Leaders

A structured, audit-ready solution to reduce accrued PTO liability at no net cost to the company. Funded through the IRS-compliant service charge. No new budget line. for measurable balance sheet impact.

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For Every Employee

A debt-free path to financial wellness using value employees have already earned. Whether it's used for retirement savings, an unexpected expense, student loan payments, or leave sharing for a colleague in need, the choice is there.

Ready to Learn More?

See Our Solutions Where Unused Time Becomes Unlimited Possibility

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