11/13/2026
Wouldn’t it be great if your employees could turn their unused paid time off (PTO) into other valuable benefits? A PTO conversion program lets them do just that. For example, workers could exchange leave for cash, retirement plan contributions, student loan assistance or a charitable contribution. Such a program may help you attract and retain talent by offering greater flexibility without substantially increasing benefits costs — all while reducing accrued PTO liabilities. But you’ll need to weigh these potential advantages against possible drawbacks such as employee burnout, administrative demands and compliance risks. Contact us to evaluate the tax and financial implications.