Tech Brief: PTO Exchange
PTO Exchange is a benefits platform that allows employees to apply the value of their unused paid time off (PTO) to a range of priorities, like contributing to a 401(k) or other retirement account, paying down student loans, covering an emergency expense, donating to a favorite charity, leave sharing with co-workers, funding vacation costs, and more. The PTO Exchange provides employers with a unique benefit that enhances talent attraction and retention, reduces balance sheet liability, strengthens the community and helps employees reclaim their lost PTO.
Our data show that flexibility is a key factor in how employees choose employers, and this is a new option for flexibility that many workers have never even considered.
Check out our Tech Brief for full insights on PTO Exchange
Ben Eubanks is the Chief Research Officer at Lighthouse Research & Advisory. He is an author, speaker, and researcher with a passion for telling stories and making complex topics easy to understand.
His latest book Talent Scarcity answers the question every business leader has asked in recent years: “Where are all the people, and how do we get them back to work?” It shares practical and strategic recruiting and retention ideas and case studies for every employer.
His first book, Artificial Intelligence for HR, is the world’s most-cited resource on AI applications for hiring, development, and employee experience.
Ben has more than 10 years of experience both as an HR/recruiting executive as well as a researcher on workplace topics. His work is practical, relevant, and valued by practitioners from F100 firms to SMB organizations across the globe.
He has spoken to tens of thousands of HR professionals across the globe and enjoys sharing about technology, talent practices, and more. His speaking credits include the SHRM Annual Conference, Seminarium International, PeopleMatters Dubai and India, and over 100 other notable events.