PTO Exchange

RATING:

5.0

(4)
Overview

About PTO Exchange

PTO Exchange is a cloud-based benefits administration solution that helps employees convert accrued vacation hours into liquid assets such as retirement accounts, student loans, health care expenses and more. It enables professionals to exchange unused PTO for hotel or flight bookings, contribute to disaster relief programs and donate for charitable causes. The platform allows managers to retain talent, reduce balance sheet liabilities, enhance employee engagement, and reclaim lost paid time off (PTO) hours. Features of PTO Exchange include reporting, an activity dashboard, deduction management, a self-service portal, goal tracking, approval process control and more. PTO Exchange lets administrators streamline time-off management, online benefits enrollment and leave ...
PTO Exchange dashboard view
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PTO Exchange Reviews

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for PTO Exchange

4 Reviews

Amar

Mining & Metals, 10,000+ employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2021

Awesome product

I have got what I was just required for my job. And it is specially because it has very efficient customer care support to provide solution for any issue I have faced so far in using.

PROS

Very flexible in regards to the controlling the schedule of the users, and it can be used as both a recruitment tool and a strategy to retain the best workers. Better employee morale, higher retention, better employee health are some real good benefit of it.

CONS

If it is used as uncapped PTO could lead to policy abuse by employees. A con for the employee is that it can become easy to “forget” to take a vacation because you are not focused on having to take it by a certain time.

Rachel

Hospital & Health Care, 51-200 employees

Used monthly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2020

Great benefit for employees

My overall experience has been phenomenal. Any time I've had a question the PTO Exchange team has jumped on a call with me and helped me to resolve immediately. Our employees have loved being able to donate to other employees in need, donate to charity, and use their PTO for vacation rentals/hotels/travel. Thank you PTO Exchange for a great product and great support!

PROS

I like the ability for employees to share their PTO with other employees in need. I also like the ability of employees to be able to give back through charity giving and also cash in their PTO for hotels or vacation rentals.

CONS

There is nothing that I do not like about this software.

Taylor

Financial Services, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2020

Rockstar Team!

Our employees really like this system.

PROS

Not only is the software fantastic, but the team I worked with to implement and manage the system. I love all the options to contribute and the ease of use!

CONS

We would love for there to be a direct feed into payroll once a contribution is made, but we’ve established a very easy work around.

Harrison

Marketing and Advertising, 51-200 employees

Used monthly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2020

Exactly what I needed!

PROS

Really cool that we can use this software to exchange PTO hours for other benefits (especially in a pandemic!)

CONS

I haven't found anything that I don't like about the software.