PTO Conversion
Boost Employee Wellness and Financial Peace of Mind
Give your employees the power to convert their unused PTO into what matters most to them.
What is PTO Conversion?
PTO conversion is a new employee benefit that gives employees the option to convert their accrued paid time off (PTO) into cash or cash-equivalent benefits, like retirement savings and student loan payments.
Unlike PTO buy-back or PTO cash-out, PTO conversion accounts for a wider range of employee needs by offering more channels through which to convert PTO.
- Flexible new employee benefit
- Convert PTO into more than cash
- Easy to implement and manage
Benefits of PTO Conversion
Improve employee wellbeing and work-life balance while lowering your organization’s PTO liabilities.
PTO Genius is a great way for organizations to show their employees that they care about their mental and financial wellbeing.
Lindy Smiley
Global Head of Human Resources Starwood Properties
Adapted to Your Employees’ Needs
Let your employees use their PTO for more things, based on their own needs and priorities.
The Graduate
Pay down student loans faster while jumping into a new career.
PTO Conversion with PTO Genius
Align your PTO conversion program with your internal policies and your employees’ priorities.
The flexibility of PTO Genius is remarkable; it was easy to customize to meet our organization’s priorities.
Build Your Personalized PTO Conversion Program
Pick the channels through which employees can convert their PTO based on your employees’ financial wellness needs and your organization’s HR policies and goals.
- Up and running in days
- Tailored to your company
- Fully compliant
This is the wave of the future that every HR leader should be using.
Judith Keating
Director of Human Resources City of New Bedford, MA
How It Works
PTO conversion with PTO Genius is quick to implement, simple to use, and easy to manage.
Self-direct
Your employee chooses how much PTO they want to convert, and where to send it.
Convert PTO
PTO Genius approves or denies the request based on your conversion rules.
Transfer and update
We transfer the money to their account and update their PTO balances in your HRIS.
Customize Rules & Limits
Customize Rules & Limits
Easily ensure alignment with your organization’s HR goals, priorities, and compliance requirements.
Choose channels
Toggle the channels employees can use for PTO conversion based on your policies and priorities.
Set rules and limits
Set conversion rules and guidelines, including how much PTO employees can convert, and when.
Ensure compliance
Configure conversion rules by department or location to comply with internal policies and local, state and federal regulations.
Fast, Personalized Implementation
We tailor our platform and your experience to your PTO policies, technical resources, and HRIS.
What You Need to Know About PTO Conversion
Here are the most frequently asked questions we hear about PTO conversion and PTO Genius.
Have more questions?
Our experts are always available to answer your questions about PTO conversion, compliance, and the future of employee wellness.
Testimonials
Build Your Personalized PTO Conversion Program
Want to know more about PTO conversion? Ready to start building your own PTO conversion program?
Get in touch with our experts to learn more about PTO conversion and the PTO Genius platform.