Locations
Tel Aviv-Yafo, Israel · Ezor Tel Aviv, Israel
industry
Finance
Size
51-200 employees
Stage
Series A
founded in
2019
Sorbet is a fintech solution that allows employees to unlock the cash value of their unused paid time off (PTO) as they accrue it, instead of waiting until they leave their company. This innovative approach addresses the issue of underutilized PTO, which is a significant financial asset for many Americans, estimated to be worth over $312 billion in the US alone. By providing employees with access to their PTO cash value, Sorbet enhances financial wellness without requiring them to dip into their paychecks or savings. The service is designed to improve employee satisfaction and retention while offering employers a cost-effective way to manage PTO liabilities.
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