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Matan Hoffmann
Matan Hoffmann Biography
Matan Hoffman is the VP of Product at Sorbet, a FinTech startup enabling employees to liquidate PTO for cash. Sorbet is attempting to tackle a major corporate problem in the U.S. -- accumulated and unused vacation days. Workers in the U.S.A only take advantage of 72% of their paid time off annually; creating a big problem for both HR (burnout, quitting, drop in productivity, etc.) and for the company accountants. This is mostly due to companies accumulating PTO year-over-year (approx. 70% of companies in the U.S.), creating a collected debt of nearly $270 billion in their books -- average of $2,600 per employee.
Sorbet “purchases” the employer’s vacation commitment towards their employees, and liquidates them for immediate cash. This means that now employers owe the vacation days to Sorbet, and can determine exactly when it wants to pay it off -- alleviating the financial burden of high volume accumulated PTO.
Hoffman is the Co-Founder of Table for Two Israel, a non-profit supporting families suffering from food insecurities.
All American Speakers Bureau is a full-service talent booking agency providing information on booking Matan Hoffmann for speaking engagements, personal appearances and corporate events. Contact an All American Speakers Bureau booking agent for more information on Matan Hoffmann speaking fees, availability, speech topics and cost to hire for your next live or virtual event.
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