How Leave-Sharing and Flexible Benefits Can Help Employers and Employees Navigate COVID-19 Disruptions

Webinar

While the ultimate impact of COVID-19 is still unknown, many individuals are relying on the flexibility of their employers more than ever. Companies are increasingly using leave-sharing banks to help employees navigate disruptions and strengthen culture and community, especially during natural disasters or national emergencies like COVID-19.

Because the coronavirus (COVID-19) outbreak has been declared a national emergency, there are special considerations for PTO leave sharing/donation plans.

The IRS has issued specific guidance for PTO leave sharing and donation plans. These are plans that are coordinated by employers and permit employees to donate PTO/unused vacation and/or leave to an employer-sponsored "pool" for use by other employees.

Spooling up a leave-sharing/PTO bank manually can be a real challenge to administer, especially with thousands of employees.

In this webinar, you will learn:

  • The benefits of leave-sharing plans to employees and employers
  • How to avoid common pitfalls
  • Different types of leave-sharing plans
  • Tax implications
  • 5 things employers need to determine before setting up a leave-sharing plan

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Access: | Live Event Code: WEBINAR-20200702

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Presenter

Rob Whalen

CEO | PTO Exchange

PTO Exchange CEO and Co-Founder Rob Whalen is a technology entrepreneur and has executive-level experience working for a broad range of leading software and networking solution providers including Cisco, Nexus IS, Jive Software, Beganto and others. Rob brings a critical business approach and an entrepreneurial mindset to every task including his latest venture, PTO Exchange, with fellow co-founder Todd Lucas. PTO Exchange is the first-ever SaaS solution that allows employees to convert unused paid time off (PTO) into tangible goods and services. The PTO Exchange platform allows employees to convert the value of their unused PTO to other priorities like funding 401(k)s, paying down student loan debt, accessing cash for an emergency expense, giving to nonprofits and even transferring the time to a other colleagues in need. The team is committed to this mission each and every day - because it matters to real people, living and working in our communities across the country. In our own small way, we want to help them achieve more of their dreams and facilitate giving and sharing. Rob holds a bachelor's degree in Accounting from Seattle University. He lives in Woodinville, Washington, just outside of Seattle, with his wife and three children.

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