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Transforming Paid Time Off with Rob Whalen, BNFT

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Manage episode 435175440 series 2286647
Inhalt bereitgestellt von The HR Gazette. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von The HR Gazette oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Every year, millions of vacation days are rendered worthless to the employees who earned them.

As employees accrue vacation time, the value of that time sits as a liability on a balance sheet and that number can drastically increase over time.

While the first option for employees should be to use all their paid time off, the next best solution is to gain value from a benefit that would otherwise expire.

Joining Bill Banham on the show this time is Rob Whalen, CEO & Co-founder at BNFT (formerly PTO Exchange), the first benefits platform that allows employees to self-direct the value of their unused paid time off (PTO) for other needs and causes.

About Rob Whalen

Rob is a serial entrepreneur who has over 25 years of experience selling and developing software and hardware products.

While building the company, Rob and his co-founder, Todd Lucas, found their mission was to enable flexibility in those benefits that employees earned but could not utilize. They also discovered that by enabling this capability and accountability, BNFT created equity and inclusion for workers to be compensated for their accrued productivity - creating a better benefit.

About BNFT (PTO Exchange)

BNFT is a comprehensive benefits platform for employees to unlock the full flexibility and value of their total rewards while providing HR teams with a low-cost and easy-to-use tool. PTO Exchange and LPA Exchange are powered by BNFT, which brings innovative solutions via one platform. Companies will have the flexibility to design cost-effective benefits while also empowering their employees to choose the benefits that support them through their transitions. BNFT is SOC 2-certified and trusted by Fairway Mortgage, Howard Brown Health, Agile Defense, UCare, Praxis Engineering, STRATACACHE, and others.
We do our best to ensure editorial objectivity. The views and ideas shared by our guests and sponsors are entirely independent of The HR Gazette, HRchat Podcast and Iceni Media Inc.

Feature Your Brand on the HRchat Podcast

The HRchat show has had 100,000s of downloads and is frequently listed as one of the most popular global podcasts for HR pros, Talent execs and leaders. It is ranked in the top ten in the world based on traffic, social media followers, domain authority & freshness. The podcast is also ranked as the Best Canadian HR Podcast by FeedSpot and one of the top 10% most popular shows by Listen Score.
Want to share the story of how your business is helping to shape the world of work? We offer sponsored episodes, audio adverts, email campaigns, and a host of other options. Check out packages here.

  continue reading

Kapitel

1. Transforming Paid Time Off with Rob Whalen, BNFT (00:00:00)

2. Maximizing Unused Paid Time Off (00:00:03)

3. Embracing Diverse Perspectives for Growth (00:11:54)

4. Revolutionizing Benefits With Mobile Accessibility (00:16:21)

5. Differentiation in HR Technology Solutions (00:25:16)

797 Episoden

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iconTeilen
 
Manage episode 435175440 series 2286647
Inhalt bereitgestellt von The HR Gazette. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von The HR Gazette oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Every year, millions of vacation days are rendered worthless to the employees who earned them.

As employees accrue vacation time, the value of that time sits as a liability on a balance sheet and that number can drastically increase over time.

While the first option for employees should be to use all their paid time off, the next best solution is to gain value from a benefit that would otherwise expire.

Joining Bill Banham on the show this time is Rob Whalen, CEO & Co-founder at BNFT (formerly PTO Exchange), the first benefits platform that allows employees to self-direct the value of their unused paid time off (PTO) for other needs and causes.

About Rob Whalen

Rob is a serial entrepreneur who has over 25 years of experience selling and developing software and hardware products.

While building the company, Rob and his co-founder, Todd Lucas, found their mission was to enable flexibility in those benefits that employees earned but could not utilize. They also discovered that by enabling this capability and accountability, BNFT created equity and inclusion for workers to be compensated for their accrued productivity - creating a better benefit.

About BNFT (PTO Exchange)

BNFT is a comprehensive benefits platform for employees to unlock the full flexibility and value of their total rewards while providing HR teams with a low-cost and easy-to-use tool. PTO Exchange and LPA Exchange are powered by BNFT, which brings innovative solutions via one platform. Companies will have the flexibility to design cost-effective benefits while also empowering their employees to choose the benefits that support them through their transitions. BNFT is SOC 2-certified and trusted by Fairway Mortgage, Howard Brown Health, Agile Defense, UCare, Praxis Engineering, STRATACACHE, and others.
We do our best to ensure editorial objectivity. The views and ideas shared by our guests and sponsors are entirely independent of The HR Gazette, HRchat Podcast and Iceni Media Inc.

Feature Your Brand on the HRchat Podcast

The HRchat show has had 100,000s of downloads and is frequently listed as one of the most popular global podcasts for HR pros, Talent execs and leaders. It is ranked in the top ten in the world based on traffic, social media followers, domain authority & freshness. The podcast is also ranked as the Best Canadian HR Podcast by FeedSpot and one of the top 10% most popular shows by Listen Score.
Want to share the story of how your business is helping to shape the world of work? We offer sponsored episodes, audio adverts, email campaigns, and a host of other options. Check out packages here.

  continue reading

Kapitel

1. Transforming Paid Time Off with Rob Whalen, BNFT (00:00:00)

2. Maximizing Unused Paid Time Off (00:00:03)

3. Embracing Diverse Perspectives for Growth (00:11:54)

4. Revolutionizing Benefits With Mobile Accessibility (00:16:21)

5. Differentiation in HR Technology Solutions (00:25:16)

797 Episoden

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