PTO Payout

PTO Payout Made Easy

Empower your employees to convert unused paid time off based on their own needs and priorities to boost mental wellness and financial peace of mind.

  • Up and running in days
  • Tailored to your company
  • Fully compliant
PTO Payout Made Easy

It’s Time to Do More With PTO – A Lot More

Improve employee wellbeing and work-life balance while lowering your organization’s PTO liabilities by giving your employees new, flexible ways to use their paid time off.

A cardiogram representing stress

Lower Stress

Alleviate your employees’ stress by empowering them to transform their extra PTO into financial security.

A chart with an arrow pointing up representing financial wellness

Boost Financial Wellness

Offer your employees a responsible alternative to predatory pay-day loans, late fees, and overdrafts.

An arrow pointing up representing engagement

Improve Engagement

People are more focused and productive at work when they aren’t worrying about their finances at home.

A heart with an arrow pointing down representing liabilities

Reduce Liabilities

Lower your financial risks associated with unused paid time off by slashing your accrued PTO balances.

PTO Genius is a great way for organizations to show their employees that they care about their mental and financial wellbeing.

Lindy Smiley

Lindy Smiley

Global Head of Human Resources Starwood Properties

Image of a quote background

PTO Payout makes it easier and cheaper to comply with California labor law

California prohibits “use-it-or-lose-it” policies––PTO payout helps you ensure compliance.

Image featuring a quote about California
Image featuring California map

Vacation time is considered a form of wages by California law: if an employer has a paid vacation policy, vacation time must accrue. Additionally, California prohibits “use-it-or-lose-it” policies: earned vacation time must be paid out at separation.

PTO payout helps California employers reduce their PTO liabilities while complying with the “use-it-or-lose-it” ban.

For more information on California’s vacation laws, visit the California Department of Industrial Relations FAQ webpage.

According to California labor law:

  • Vacation time is not mandated, but is considered to be wages
  • “Use-it-or-lose-it” policies for vacation time are prohibited
  • Earned vacation time must be paid out at separation

PTO Genius solution:

  • Give employees the option to convert their accrued PTO hours
  • Comply with “use-it-or-lose-it” ban while reducing PTO liability
  • Increase PTO usage and minimize end of year carry-over

Personalize Your PTO Payout Program to Your Employees’ Needs

Give your employees more ownership of their PTO by empowering them to use it for their own financial and mental wellness, based on their own needs and priorities.

graduate-image

Choose Your Conversion Channels to Build the Right Program for Your Company

Align your PTO payout program with your internal policies and your employees’ priorities.

persona-imageThe flexibility of PTO Genius made it easy to align our employees’ needs and our organization’s priorities.

Flexible PTO Conversion
with PTO Genius

Unlike basic cash-out, PTO conversion with PTO Genius accounts for a wider range of employee needs by offering more channels through which to convert their paid time off.

  • Cash conversion and payout
  • Financial wellness channels
  • PTO donation and leave sharing
PTO Payout Channels

This is the wave of the future that every HR leader should be using.

Judith Keating

Judith Keating

Director of Human Resources City of New Bedford, MA

Image of a quote background

How It Works

PTO Genius transforms static paid time off policies into flexible PTO programs that empower employees to convert their extra PTO into financial wellness, cash it out, or help pay for vacations.

1

Self-direct

Your employee chooses how much PTO they want to convert, and where to send it.

2

Convert PTO

PTO Genius approves or denies the request based on your conversion rules.

3

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 payout 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.

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.
PLatform in action

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.