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What is Sorbet?

Boost the financial health of your workforce by reducing PTO liabilities while enhancing your organization's cash flow. Sorbet’s groundbreaking PTO cash-out option allows employees to transform their unused PTO into cash instantly, relieving financial pressure on employers. This system ensures that your team can access their earned wages precisely when necessary, all without disrupting their regular paychecks. Importantly, integrating Sorbet into your operations incurs no costs for your business; instead, it provides a pathway to savings. If employees choose not to cash out, your organization pays nothing, yet when they do, your financial benefits increase! Additionally, you can track the projected value of your PTO liabilities over time, offering crucial insights into your company’s financial wellness and overall health. By granting employees the flexibility to determine how to use their PTO, you play a significant role in their financial security. Supporting your staff in managing their finances and improving their quality of life can foster a more engaged and motivated workforce. Ultimately, this strategy not only cultivates a positive workplace culture but also underscores the organization’s dedication to the financial well-being of its employees, which is essential for long-term success.

What is Payactiv?

Our comprehensive platform empowers employees to engage fully in both their professional and personal lives by adopting a holistic strategy to enhance financial well-being and overall job satisfaction. With immediate access to their earnings, employees have the flexibility to pay for their hours worked, load funds onto a Payactiv card, or withdraw cash at Walmart, ensuring they have the resources they need when they need them. They can also utilize their earned wages for services like Uber rides or to purchase essentials from Amazon, making daily life more manageable. We supply the necessary funds to safeguard your employees' financial health without causing any disruptions to your existing systems. Importantly, this service is not a loan and comes with no interest, as it allows employees to access their own money. Additionally, the platform features a discount market where employees can find savings on prescription medications and various everyday items, along with tools to help them understand how to maximize their savings based on their spending patterns and future bills. Furthermore, employees benefit from complimentary access to financial education articles and the opportunity to schedule appointments with financial coaches, fostering their financial literacy and empowerment. This holistic approach ensures that employees not only manage their finances effectively but also enhance their overall quality of life.

Media

Media

Integrations Supported

ADP Enterprise HR
BambooHR
Deloitte Compliance Suite
Workday Extend

Integrations Supported

ADP Enterprise HR
ADP Celergo
ADP Comprehensive Services
ADP DataCloud
ADP Learning Management
ADP Mobile Solutions
ADP Next Gen HCM
ADP StandOut
ADP Streamline
ADP Total Absence Management
ADP Workforce Now On the Go
AllianceHCM
OnShift
TabaPay
Wisely by ADP

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

$0
ACH bank transfer / Real time transfer to Payactiv Visa card with Direct Deposit of $200 or more per pay period - no fee
Real time transfer to Payactiv Visa card without Direct Deposit - $2.49
Real-time transfers to Non-Payactiv debit or payroll cards / Walmart Cash Pickup - $3.49
Free Version

Supported Platforms

SaaS
iPhone
iPad
Mac

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Shift Time

Company Location

United States

Company Website

www.getsorbet.com

Company Facts

Organization Name

Payactiv

Date Founded

2012

Company Location

United States

Company Website

www.payactiv.com/for-companies/

Categories and Features

Financial Management

Not specified

Financial Services

Not specified

Leave Management

Approval Process Control
Calendar Management
Self Service Portal

PTO Tracking

Not specified

Categories and Features

Cash Advance

Not specified

Earned Wage Access

Not specified

Financial Wellness

Not specified

Popular Alternatives

Popular Alternatives

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