By taking a more holistic view of PTO and focusing on employees’ individual priorities, HR teams will establish the ideal PTO program for their workforce.

Employees are now able to immediately reallocate the value of their unused time off toward a wide range of individual goals with convertible PTO.

The HR teams that provide holistic and personalized benefits will give employees the flexible support they need at a time when many are frustrated and discouraged by RTO.

When HR teams implement alternatives like convertible PTO, they will improve the financial health of the company and provide employees with the support they need.

HR teams will show employees that the company cares about their wellbeing by giving employees more power over their benefits.

Ninety percent of employees say the ability to repurpose the value of their PTO would make them more likely to stay with their current employer.

When PTO Exchange asked 1,000 workers if this benefit would make them more likely to stay with their current employers, 90% said yes.

As HR teams attempt to navigate yet another series of workplace transformations, it's their responsibility to help employees prepare for whatever 2024 will bring.