PTO Exchange is an employee benefits platform that helps organizations turn the value of earned, unused paid time off into practical financial wellness options. Its approach gives employees more flexibility while helping employers address retention and manage PTO liabilities without adding a new benefits cost, according to the company.

Through an online portal, employees can direct eligible PTO value toward options such as cash, emergency savings, health savings accounts, retirement contributions, student loan payments, travel, education, charitable giving, or leave sharing with a colleague. The platform calculates the value and deducts exchanged hours from the employee’s accrued PTO bank, then redirects funds through the employer’s existing payroll system.

PTO Exchange also offers Life Planning Accounts, which provide flexible financial planning options for goals such as education, wellness, and major life events, and Savings Exchange, a payroll-integrated platform that automatically enrolls employees in emergency savings. The company serves organizations across sectors including healthcare, financial services, technology, retail, manufacturing, government, education, transportation, and nonprofit services.