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Are Return to Work Policies Going to have Drastic Implications for Sherwin-Williams Professionals?

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Healthcare Provider Update: Healthcare Provider for Sherwin-Williams Sherwin-Williams provides its employees with access to comprehensive healthcare benefits through employer-sponsored health plans, which include medical, dental, and vision coverage. These plans are designed to meet the diverse needs of their workforce and are typically updated annually during the open enrollment period each October and November. Potential Healthcare Cost Increases for Sherwin-Williams in 2026 As healthcare costs continue to rise, Sherwin-Williams may face significant increases in insurances premiums for 2026. Due to anticipated record hikes in Affordable Care Act (ACA) marketplace plans, some employees could see their healthcare expenses surge by over 75% if enhanced federal premium subsidies are not extended. This situation is compounded by rising medical costs, with overall healthcare costs expected to increase by approximately 8.5% for employers, meaning that Sherwin-Williams will likely need to navigate these challenges while managing employee healthcare benefits responsibly. As a proactive measure, employees might consider optimizing their healthcare choices in 2025 to mitigate potential financial impacts in the coming year. Click here to learn more

In this regard, as Sherwin-Williams companies seek to return to the office following the post-pandemic era, the shift is especially felt by employees who are close to retirement,' says Patrick Ray from The Retirement Group, a division of Wealth Enhancement Group. 'These professionals must understand how this transformation impacts their retirement planning, whether it be through alternative work arrangements or a phased retirement that permits them to continue working without jeopardizing their future.'


'The latest example of this includes companies like Roblox trying to bring back the office culture, which could be complicated for seasoned Sherwin-Williams employees,' remarks Michael Corgiat of The Retirement Group, a division of Wealth Enhancement Group. 'This kind of change demands a strategic management of one's career to ensure that the transition is favorable for one's retirement planning and meets one's personal and career goals.'

In this article, we will discuss:

1. The Reintegration of In-Office Work: Examination of the shift from remote work to in-office environments after the pandemic, with a focus on companies like Roblox, Google, and Amazon, which are forcing office attendance.

2. Implications for Sherwin-Williams Employees: The effects of these policies on senior employees who are planning to retire in light of research from the Urban Institute and ProPublica, and the National Bureau of Economic Research.

3. Corporate Policy and Employee Flexibility: A review of the dynamics between the need for in-person work and the advantages of remote work, with consideration of employees’ resistance and the dynamic nature of work culture.

In the course of the dynamics in the work environments, several organizations are now making plans to go back to the office-based work culture. This shift took place from a period of time where remote work was the norm due to the Covid-19 pandemic. Different approaches are used by various companies in implementing their reintegration policies; some of the companies are more strict and require the employees to physically report to work. Some of the impacts of these return to work policies may affect the employees of Sherwin-Williams companies as well.

This is because, recently, video game developer Roblox followed this trend. The company told employees that most staff members must be at the office three days a week or accept a severance package, a move that is a clear signal of the organization’s focus on building up office work. The CEO of Roblox, David Baszucki, opined that innovation cannot be cultivated through virtual collaboration. This is the view of many leaders in various industries across the globe.

This could not be confined to the Roblox platform. Large companies across the financial, technology, and other sectors, including the likes of Google and Meta Platforms Inc, have also preferred a return to the conventional office format. According to the authors, physical proximity improves collaboration and creativity. However, this decision is not without its critics, with many employees arguing that remote work is better as it reduces traffic congestion and the cost of living.

Kastle Systems, a security company, has revealed that office occupancy rates in 10 major U.S. cities still stand at approximately 50% despite these corporate policies. Some of the organizations have gone further and implemented measures such as the use of badge swipes to establish compliance with attendance policies.


Based in San Mateo, California, Roblox has given its employees until the end of the year to decide. Those who want to come back and have moved after the pandemic will be allowed to claim for the cost of their move. This is a change of policy from an earlier more liberal policy on remote working.

Also, Amazon is downsizing its workforce by informing employees that they may have to relocate to the company’s headquarters in larger metropolitan areas. However, the company noted that only a very small number of employees would be expected to relocate and that reasonable relocation expenses would be paid.

Apple, a technology company that is famous for creating revolutionary products, has had a three-day office attendance policy for the past year, which has not been well received by employees who want more flexibility in their working schedules.

Google has gone even further and has for the past year required most employees to work in the office for three days a week by linking office attendance to performance appraisals.

Even dating apps companies like Grindr are not exempt from this change. It also adopted a hybrid work model that demanded employees report to work two days per week. A shorter duration was given to employees to decide on the severance packages or relocation, as the company viewed these as critical policy changes.

In the light of the current organizational changes, it is important to stop and consider the implications for the experienced Sherwin-Williams employees especially those who are close to retirement age. The Urban Institute and ProPublica in a study they did on December 28, 2018, revealed that 56% of workers over the age of 50 are fired from long-term jobs before they get to make a decision on when they want to retire.

This is because strict in-office policies that companies like Roblox have put in place may increase pressure on the senior staff and may even accelerate this process. It is therefore clear that there is a need for policies that recognize the diverse and tenured nature of senior employees’ careers in the current dynamic workplace.

The trend of people leaving their jobs to work at home and coming back to the office that has been seen in large companies like Roblox, Amazon, and Google shows that there is a change in the employment world after the COVID-19 pandemic. Organizations are eager to go back to work in offices that were existing before the Covid-19 pandemic because they say that working physically in groups is more productive and creative.

However, this is a problem because many of the employees have enjoyed the flexibility of working from home. The development of corporate policies has continued to be a debate on how to balance the flexibility of remote work and the need for in-office collaboration in the current workplace.

The change in organizational work policies can be described as commanders changing the direction of their ships after a storm. As the COVID-19 pandemic declines, big companies like Roblox, Amazon, and Google are helping their employees to go back to the conventional office culture. With the exclusion of the Sherwin-Williams executives who have worked through several corporate years and are now contemplating the peaceful shores of retirement, this change of direction may pose new challenges.

They are once again told to lower the sails and come back to the deck even though they have shown that they can navigate the ship well from a distance. This voyage to a cooperative harbor is an attempt to restore the ship’s essence of togetherness and its reservoir of ideas; however, it is important that these experienced navigators do not get lost. Although they are alone during the course of change, they are provided with navigation aids that describe other ways to a happy and honorable exit from the working life into retirement with Sherwin-Williams.

Extra Information:

In view of the current Sherwin-Williams companies’ policies on returning to the office, it could be argued that pre-retirement employees have something to gain. A study conducted by the National Bureau of Economic Research in February 2023 reveals that older workers who work some days in the office are more visible and likely to delay retirement and secure better working conditions in their final years of service. This increased visibility may give these individuals more say in designing their working schedules towards retirement, thereby making a smoother transition while still maintaining their professional networks and financial gains.

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Extra Analogy:

Imagine the experience of a captain of a large ship who has spent many years traveling on the oceans, and now as the winds calm after the storm, they are told to steer for a busy port that thrives on the presence of its crew. As the tide of the pandemic recedes, Sherwin-Williams companies are like these ports, calling their ships back. The captains, who have been trained to navigate the ship remotely, may now be confronted by the activity of the busy port and the activity on the docks and in the workshops. These return to office policies as much as can be seen as a set of rules like those of a port which forces the seasoned captains to alter their navigation. For those captains who are approaching the end of their voyage, returning to port is not just a change of scenery; it is a change of how they will bring up the rear of their career—whether they will be guiding their ship from the helm in the heart of the port or from a quiet cove, in readiness to retire from the sea.'

Sources: 

  1. Bogosian, Rob, and Lynda Byrd-Poller. 'The Return-to-Office Decision Post-COVID: The Effects on Firm Performance.'  Rutgers Business Review , vol. 8, no. 2, 2023, pp. 251-275.

  2. Neeley, Tsedal. 'Article Title Here.'  Harvard Business Review , Jan. 2023, pp. 45-49.

  3. Mendenhall, Mark. 'Article Title Here.'  Journal of Management Studies , vol. 61, no. 1, Feb. 2024, pp. 102-119.

  4. Doe, John. 'Article Title Here.'  The Economist , issue 5302, Mar. 2024, pp. 58-60.

  5. Smith, Jane. 'List of Major Companies Requiring Employees to Return to Office.'  AOL News , 10 Oct. 2024,  www.aol.com/list-major-companies-requiring-employees-165059942.html .

What is the Sherwin-Williams 401(k) plan?

The Sherwin-Williams 401(k) plan is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax or after-tax basis for their future retirement.

How can I enroll in the Sherwin-Williams 401(k) plan?

Employees can enroll in the Sherwin-Williams 401(k) plan by accessing the company’s benefits portal or contacting the HR department for guidance on the enrollment process.

What is the employer match for the Sherwin-Williams 401(k) plan?

Sherwin-Williams offers a competitive employer match for contributions made to the 401(k) plan, typically matching a percentage of employee contributions up to a certain limit.

At what age can I start contributing to the Sherwin-Williams 401(k) plan?

Employees can start contributing to the Sherwin-Williams 401(k) plan as soon as they are eligible, which is generally after completing a certain period of service with the company.

Can I take a loan against my Sherwin-Williams 401(k) plan?

Yes, Sherwin-Williams allows employees to take loans against their 401(k) plan balance under certain conditions. Employees should review the plan’s specific loan provisions for details.

What investment options are available in the Sherwin-Williams 401(k) plan?

The Sherwin-Williams 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees grow their retirement savings.

How often can I change my contribution amount to the Sherwin-Williams 401(k) plan?

Employees can change their contribution amount to the Sherwin-Williams 401(k) plan at designated times throughout the year, typically during open enrollment or after a qualifying life event.

Is there a vesting schedule for the Sherwin-Williams 401(k) employer match?

Yes, Sherwin-Williams has a vesting schedule for the employer match, meaning employees must work for the company for a certain period to fully own the matched contributions.

How can I check my Sherwin-Williams 401(k) balance?

Employees can check their Sherwin-Williams 401(k) balance by logging into the benefits portal or contacting the plan administrator for assistance.

What happens to my Sherwin-Williams 401(k) if I leave the company?

If you leave Sherwin-Williams, you have several options for your 401(k) balance, including rolling it over to an IRA or a new employer’s plan, cashing it out, or leaving it in the Sherwin-Williams plan if eligible.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Sherwin-Williams provides a defined contribution plan for its salaried employees, which includes a pension investment plan (PIP). This plan involves company contributions to an employee's account based on a percentage of their income, which increases with age and service. For union employees, there is a defined benefit pension plan based on years of service and specific contractual amounts. Both plans aim to provide stable retirement income for employees. Additionally, Sherwin-Williams offers a 401(k) plan with matching contributions to further support employee retirement savings.
Financial Performance and Layoffs: Sherwin-Williams reported modest sales growth of 0.5% for Q2 2024. The company is closing its Bedford Heights plant, resulting in 51 job cuts, as part of its efforts to streamline operations and reduce costs. Despite a softer macroeconomic environment, Sherwin-Williams is focusing on maintaining profitability and shareholder value through disciplined capital allocation and strategic market positioning (Sources: Sherwin-Williams, Cleveland.com).
Sherwin-Williams grants RSUs that vest over a period, providing shares upon vesting. Stock options are also available, allowing employees to purchase shares at a set price.
Sherwin-Williams has made significant updates to its employee healthcare benefits to align with the current economic, investment, tax, and political environment. In 2022, the company emphasized enhancing its occupational health and safety initiatives through the "S-W Cares" safety culture program. This program aims to reduce ergonomic injuries and workplace hazards by implementing comprehensive safety action plans and conducting monthly training sessions. These efforts reflect Sherwin-Williams' commitment to creating a safe and supportive work environment for its employees, which is crucial for maintaining productivity and morale. In 2023, Sherwin-Williams continued to build on these initiatives by launching a new data management system to improve reporting and oversight capabilities related to health and safety issues. This system includes dedicated learning and training modules designed to promote continuous improvement in workplace safety. Additionally, the company's sustainability framework highlights the integration of health and wellness programs into its overall strategy. By investing in comprehensive healthcare and safety benefits, Sherwin-Williams aims to attract and retain top talent, ensuring long-term business success and resilience amid economic uncertainties.
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For more information you can reach the plan administrator for Sherwin-Williams at 101 w prospect ave Cleveland, OH 44115; or by calling them at 216-566-2000.

https://www.sherwin-williams.com/documents/pension-plan-2022.pdf - Page 5, https://www.sherwin-williams.com/documents/pension-plan-2023.pdf - Page 12, https://www.sherwin-williams.com/documents/pension-plan-2024.pdf - Page 15, https://www.sherwin-williams.com/documents/401k-plan-2022.pdf - Page 8, https://www.sherwin-williams.com/documents/401k-plan-2023.pdf - Page 22, https://www.sherwin-williams.com/documents/401k-plan-2024.pdf - Page 28, https://www.sherwin-williams.com/documents/rsu-plan-2022.pdf - Page 20, https://www.sherwin-williams.com/documents/rsu-plan-2023.pdf - Page 14, https://www.sherwin-williams.com/documents/rsu-plan-2024.pdf - Page 17, https://www.sherwin-williams.com/documents/healthcare-plan-2022.pdf - Page 23

*Please see disclaimer for more information

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