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When paid time off goes unused, employees may as well be throwing cash away.
In 2018, American workers failed to use 768 million days of their PTO, according to the U.S. Travel Association. Those unused vacation days translate into unpaid work days, which is why fintech company Sorbet has launched a solution that enables employees with surplus PTO to easily convert those extra days into cash.
Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio
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The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
The company's Life Event Services team guides colleagues through resources and benefits that make major milestones easier to manage, and has worked on more than 700,000 cases over 12 years.
At parent support company Haven, CEO Britt Riley offers benefits that make employees feel taken care of.
An ongoing, thoughtful benefits experience holds more value than a seasonal attempt to encourage time off.
Former pro linebacker and Army officer Caleb Campbell shares his experience managing pressure and why long-term success requires comprehensive support.
