Revisiting PTO Exchange and Employee Options for Paid Leave

Seyfarth Shaw LLP

wo years ago, in Episode 7 of Take It or Leave It, Rob Whalen joined the program to discuss alternative options employers can offer to their employees in terms of utilizing their earned, unused paid time off, and the flexibility afforded by his company, PTO Exchange. At the time, employers were still navigating the COVID-19 pandemic and response, and reacting to shifting employee priorities, including increasing retirement plan spending, paying down loans, and healthcare provisions. 

Halfway through 2024, employers are still exploring ways to unlock the value of employees’ earned, unused time off and offer attractive benefits. To provide an update, Rob returns to the podcast for a conversation with host Josh Seidman about how employees are choosing to spend their time off, and how recent developments have affected his company’s offerings plus how businesses and their employees are taking advantage of them. Together, they revisit the software platform to uncover the surprising trends in paid leave and related benefits, and predict what these trends in employee priorities mean for employers.

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