The Work Index by Flexa

Sorbet

Sorbet is a fintech company that helps employees unlock the cash value of their unused paid time off.

https://www.getsorbet.com/
5.4

/10

Transparency ranking

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Description

Sorbet is a fintech company that offers a unique solution to the problem of unused Paid Time Off (PTO). Their platform allows employees to access the cash value of their accrued but unused PTO, providing them with immediate financial flexibility without dipping into their paychecks or taking on high-interest loans. This innovative approach benefits both employees and employers. Employees gain access to their hard-earned funds when they need them, while employers can reduce their PTO liability, potentially saving money on annual payouts and fostering a healthier workplace culture.

Sorbet's approach emphasizes employee wellness and financial security, empowering employees to make the most of their PTO. They offer a variety of resources and tools to help both employees and employers understand the value of PTO and how to best utilize it. Sorbet's mission is to transform the way we think about PTO, making it a valuable benefit that contributes to a more fulfilling and financially secure work-life balance.

Flexibility

Sorbet offers a remote-first work environment with offices in Tel Aviv and New York. Employees can enjoy flexible work hours and the ability to work from home or in the office, depending on their preference and needs. This flexibility allows for a better work-life balance and caters to individual needs.

Benefits

Sorbet offers a unique employee benefit that allows employees to cash out their unused PTO and spend it on anything they choose. This benefit can be accessed through a prepaid Sorbet Visa card, making it easy for employees to access the funds they need without having to dip into their paycheck. Sorbet also offers a variety of other benefits, including access to a curated library of resources on improving financial wellness, a PTO Playbook with the latest updates, and a complimentary Health Check to uncover the economics behind your Paid Time Off Policy.

Mission

Sorbet is a fintech company dedicated to improving employee financial wellness and workplace culture by providing a unique solution to unlock the cash value of unused Paid Time Off (PTO). They believe that PTO should be a valuable asset, not a forgotten benefit, and aim to empower employees to access their accrued time off and use it for their financial needs or personal well-being. Sorbet also helps employers manage their PTO liability, reduce costs, and enhance employee satisfaction by offering a convenient and transparent way for employees to cash out unused PTO.

Disruptor
Improving quality of life/health
Tech for good

Culture

Sorbet promotes a culture of wellness, creativity, and innovation, where employees are empowered to prioritize their well-being both in and out of the office. They value empathy, understanding, and holistic wellness, encouraging their team to invest in all aspects of their lives. The company emphasizes quality over quantity, fostering a culture of productivity and efficiency without sacrificing personal time.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive

DE&I

Sorbet emphasizes a culture of empathy, holistic wellness, and quality over quantity, reflecting their commitment to fostering a diverse and inclusive workplace. They value understanding individual needs and prioritize employee well-being, creating an environment where everyone feels respected, supported, and empowered to contribute their unique perspectives.

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