PTO Exchange
PTO Exchange allows employees to exchange unused accrued PTO hours throughout the plan year. American Senior Communities employees can exchange some of their unused PTO for cash payments or donate to charitable causes. PTO Enhancement hours are not eligible for this program.
Employees are now able to cash out a portion of their accrued/unused PTO. The best part of this program is employees can use this cash out benefit at any time throughout the year. Need extra cash for a vacation in July? Need Holiday cash? Over the 160 hour cap to rollover to a new year? Cash out at any time, provided you have the required number of hours available. Employees can also donate to charity.
All employees who are eligible to receive and participate in American Senior Communities’ paid time off (PTO) program are eligible to participate in PTO Exchange.
Click on the PTO Exchange FAQs below to read all the requirements.
Click on the PTO Exchange Introduction and How to Create an Account Document for details on how to set-up your PTO Exchange Account.