Leave-Sharing | Giving | Volunteering
While the ultimate impact of COVID-19 is still unknown, many individuals are relying on the flexibility of their employers more than ever. In some cases, employees and organizations are organically "sharing" unused vacation / PTO with others that are either directly or indirectly affected by the novel coronavirus. In other cases, companies are donating to a "PTO / Leave Bank" or a combination of both.
Spooling up a leave-sharing / PTO bank manually can be a real challenge to administer, especially with thousands of employees.
PTO Exchange allows and facilitates leave-sharing and PTO banks to help employees who need it most. And the good news is that it can be turned on quickly - in as little as 24 hours - in full compliance with IRS guidelines.
PTO Exchange is connected to over 1.2 million 501(c)(3) non-profit organizations. Employees can quickly and easily contribute to local and national organizations, and seamlessly apply company matching funds, as appropriate.
Hospitals, research organizations, schools, public radio and TV, food banks and more are available.
Help employees give back and strengthen the communities in which they live. Employees are proud to work for companies that promote social good and serve as a pillar in the community. Attract and retain top talent by offering a benefit that allows your workforce to take an active role in their community – all with minimal effort, cost, and administration for your team.
PTO Exchange allows employees to self-direct unused vacation time to various programs including charitable contributions, disaster relief, worthy causes, and co-workers in need.
Allow employees to share the paid time off they’ve earned with co-workers in need.
Donate unused PTO to over 1.2 million non- proﬁts - both national and local - and qualify for possible tax deductions.
Employer contribution matching for employees volunteering time on behalf of community organizations.