It's Time to Rethink PTO

Our VP of Sales, Josh Reinhard, was featured on this week's episode of PlanSource's WeeklySource where he sat down with Neil Mammele, VP of Customer and Partner Development. 

PTO Exchange joined the PlanSource Partner Marketplace in 2022 alongside other best-fit partners designed to maximize HR and broker efficiency, employee engagement, and plan participation. PlanSource automates and simplifies every aspect of employee benefit programs, so employees and HR teams can make smarter, more confident benefits decisions. Its Partner Marketplace covers major categories of benefits so employers can remain competitive in the modern job market, meeting the needs of five generations of workers. 

In this 10-minute chat, Reinhard and Mammele discuss all things PTO, from employee PTO trends to the shift from talent acquisition to retention to the emphasis on financial wellness. 

Employees take 30 percent less PTO than in the past and don't take advantage of the time off that they earn. At the same time, they want to take control of their benefits in a way that suits them and their needs, whether it be to cash out their PTO for an unexpected emergency expense, add to their HSA, or boost their retirement savings.

"Regardless of your age, life stage, or financial circumstances, you can find something in PTO Exchange to keep up with those financial wellness initiatives."

—Josh Reinhard, VP Sales @ PTO Exchange. 

According to Reinhard, employees are more engaged and satisfied when they not only think of PTO in the traditional sense but reframe it as a form of compensation that they can extract value from and use it in a way that benefits them the most.

Watch the full discussion below.

Learn more about how PTO Exchange can help employees rethink their PTO and help them convert it into the benefits that matter most to them.

Published on Mar 16, 2023 by Marketing

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