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Why are Cboe Global Markets Workers Becoming Concerned About Return to Work Policies?

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Healthcare Provider Update: Healthcare Provider for Cboe Global Markets Cboe Global Markets provides health insurance through a comprehensive benefits package that typically includes coverage via larger national insurers, including UnitedHealthcare and Anthem Blue Cross Blue Shield, among others. These providers offer a range of healthcare plans and services that cater to the diverse needs of Cboe employees. Potential Healthcare Cost Increases in 2026 As the health insurance landscape evolves, Cboe Global Markets employees should prepare for significant increases in their healthcare costs. In 2026, premiums for Affordable Care Act (ACA) plans are projected to surge, with certain states experiencing hikes of over 60%. Contributing factors include the potential expiration of enhanced federal subsidies, ongoing medical inflation, and escalating costs of specialty drugs. These changes could significantly impact employees' out-of-pocket expenses, necessitating careful financial planning and consideration of more economical healthcare options. Click here to learn more

The changing work culture is making many of the Cboe Global Markets employees change their housing options, which shows that office return-to-work policies are directly affecting real estate,’ says Patrick Ray, a representative of The Retirement Group, a division of Wealth Enhancement Group. “As people move through these changes, it is important for them to have a financial plan in place to make sure that their retirement goals are still on track for the long term despite the change in work location and lifestyle.”

If you are one of the Cboe Global Markets employees who are being relocated because of the shifting work culture, then this relocation should be done with a financial plan in place,” suggests Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement Group. “It is therefore possible for an individual to make adjustments in housing choices with career and retirement goals to enhance the financial stability in the new professional environment.”

In this article we will discuss:

1. The Impact of Return-to-Work Policies on Housing Choices – How changing work patterns affect real estate decisions and market trends.

2. Corporate Influence on Employee Relocations – How the largest organizations influence people to return to the office and affect the housing market in cities.

3. Opportunities for Senior Professionals in a Changing Workforce – How the changing job market offers new challenges for the experienced workers who are approaching retirement.

Due to a change in work culture and office closing and opening policies, the real estate market is changing, and this has a big impact on homeowner preferences and market trends. This article looks at the perspectives and choices of people who are changing their living situations in order to meet the new normal of work-life balance.

It is clear that Donna Rutter, a successful CPA with 30 years of experience, has gone through a change. Rutter, who has spent most of her working career in Dallas and Fort Worth, has always preferred working in a flexible environment even before the COVID-19 pandemic. This flexibility allowed her to live in the house of her dreams, which was in Rocky Creek Ranch, approximately 20 minutes from downtown Fort Worth. But then the pandemic happened, and everyone had to switch to full-time remote work.

As the pandemic wanes, and more companies realize the value of office attendance, Rutter has been forced to move to a new place to live. In 2021, after successfully starting her own accounting practice, Rutter had to return to the office because her clients preferred to meet in person. Because of these changes in work and the long distance to the office in central Fort Worth, she has put her ranchette of approximately 11 acres on the market for $1.75 million.

The case of Rutter shows a more general trend that has been observed in real estate. According to a September report by Redfin, about 10 percent of U.S. home sellers are relocating due to return-to-work policies. This is quite different from the pre-pandemic world, where people’s remote-work policies shaped housing market activities for the last three years. This was after Kastle Systems, a security services company, noted that office attendance in major U.S. cities was still 50.5% below the pre-pandemic level.

Other findings from Redfin’s survey of over 600 potential sellers further illustrate how this trend has been influenced by the actions of major corporations. Apple, Walt Disney, Google, and Tesla, among others, have been key in encouraging remote workers to return to traditional office formats. The corporate position is affecting the housing choices of employees, for instance, in the case of a Google employee who is currently searching for a place to live close to the city because of the two-hour commute.

These changes are also felt in the dynamics of the property markets in certain areas. For instance, the execution of Elon Musk’s directive for Tesla employees to go back to the office in Austin has greatly increased the demand for housing in the area. However, due to the fact that it is difficult to find affordable housing in Austin, some of the personnel have begun to consider other markets, for instance, Killeen and San Antonio, where the cost of housing is relatively cheap. Despite the fact that the median transaction price in Austin has declined, the housing market still experiences high demand, which dampens the impact of increasing interest rates.

The attitudes of the Cboe Global Markets employees who are moving for work are mixed. Some are excited about the change, and others are worried. For instance, Rutter is in the process of moving to a smaller house that is close to her place of work. She looks forward to the change and the benefits of a short commute, despite a reduction in space.

This paper has established that the interaction between professional and domestic life decisions is an important determinant of the real estate market as it reacts to shifts in work patterns. The process of adjusting to new ways of working and living is expected to continue to affect housing preferences and market trends as companies set new work policies after the pandemic.

The return-to-work trend may be seen as a boon for Cboe Global Markets employees who are 60 or above, and retired, as there could be new opportunities for consulting or part-time work. A study by AARP, published in February 2023, shows that organizations are now aware of the value that can be derived from the experiences of older workers. The gap between knowledge demand and supply and the need to tap into the wealth of experience of older workers is the main driver of this trend. These positions can bring additional income and a sense of fulfillment, as well as the ability to balance work and the desire for freedom that is often characteristic of retirement-age people in this group.

In the post-Covid world, the return-to-work movement can be compared to a low tide that reveals a different shoreline. Just as the retreat of the ocean reveals the shape of the coastline, the transition from remote to office-based work has impacted the real estate industry and lifestyle preferences. As experienced navigators who have sailed in different waters, senior citizens have an opportunity to tune their navigation skills. People are currently relocating their residences to be closer to their places of work or have flexible jobs that allow them to integrate their expertise in the new working environment, just as a sailor tunes to new winds and tides.

Additional Fact:

“In your position, you are a marketing professional looking to expand the visibility and impact of this article to the target audience. Make a comparison of the article. The target audience of this article is people aged 60+ and includes Cboe Global Markets employees who are planning on retiring as well as retired people. We want you to include information that our target audience would find interesting or information that is pertinent to them, without directly addressing who is in our target audience. Please provide an analogy related to  Why are Cboe Global Markets Workers Becoming Concerned About Return to Work Policies? . Write an analogy that is formal and appropriate for a professional scenario. Use less than 200 words.

Additional Analogy:

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The case of Cboe Global Markets employees in the current world of work after the pandemic-induced remote work policies is best described as gardeners who are now faced with a new and complicated irrigation system in a well-maintained garden. These gardeners have spent years learning the ins and outs of their environment, fine-tuning their approach, and cultivating a garden that thrives under their care. The return-to-work policies represented by the new irrigation system represent a sudden change in the way that the garden is watered, which may disrupt the equilibrium that had been established over time. Just like these gardeners have to learn to work with the new system to conserve the garden, the Cboe Global Markets workers, especially those who are close to retirement, have to learn how to navigate the new world of work to ensure that they continue to add value. These concerns among these workers show the doubt of the gardeners towards the new irrigation system and its effects on their beloved garden, which highlights the importance of flexibility and comfort, ensuring that their efforts over the years will not be in vain.

Sources:

1. Dinner, Allison. “Return-to-Office Policies Drive Home Sales - Even at a Loss.”  Business Insider , 14 Sept. 2023,  markets.businessinsider.com . Accessed 8 Feb. 2025.

2. Gaskell, Adi. “How Remote Work Has Affected Real Estate Values.”  Forbes , 5 Mar. 2023,  forbes.com . Accessed 8 Feb. 2025.

3. Fisher, Anne. “Why Consulting Can Be Better Than Retiring.”  Fortune , 13 Dec. 2017,  fortune.com . Accessed 8 Feb. 2025.

4. Gallegos, Demetria. “How to Launch a Successful Consulting Business in Retirement.”  The Wall Street Journal , 5 Jan. 2025,  wsj.com . Accessed 8 Feb. 2025.

5. Mondragon, John A., and Johannes Wieland. “Pandemic-Induced Remote Work and Rising House Prices.”  National Bureau of Economic Research , July 2022,  nber.org . Accessed 8 Feb. 2025.

What type of retirement savings plan does Cboe Global Markets offer to its employees?

Cboe Global Markets offers a 401(k) retirement savings plan to its employees.

Can employees of Cboe Global Markets contribute to their 401(k) plan?

Yes, employees of Cboe Global Markets can contribute a portion of their salary to their 401(k) plan.

What is the maximum contribution limit for the Cboe Global Markets 401(k) plan?

The maximum contribution limit for the Cboe Global Markets 401(k) plan is determined by IRS regulations and may change annually.

Does Cboe Global Markets offer a matching contribution for its 401(k) plan?

Yes, Cboe Global Markets provides a matching contribution to eligible employees' 401(k) accounts.

When can employees at Cboe Global Markets enroll in the 401(k) plan?

Employees at Cboe Global Markets can enroll in the 401(k) plan during their initial onboarding period or during the annual open enrollment period.

Are there vesting requirements for the matching contributions at Cboe Global Markets?

Yes, Cboe Global Markets has a vesting schedule for matching contributions, which means employees must work for the company for a certain period before they fully own those contributions.

What investment options are available in the Cboe Global Markets 401(k) plan?

The Cboe Global Markets 401(k) plan offers a variety of investment options, including mutual funds and target-date funds.

How can employees of Cboe Global Markets access their 401(k) account information?

Employees of Cboe Global Markets can access their 401(k) account information through the company's designated retirement plan portal.

Can employees take loans against their 401(k) balance at Cboe Global Markets?

Yes, Cboe Global Markets allows employees to take loans against their 401(k) balance, subject to specific terms and conditions.

What happens to the 401(k) plan if an employee leaves Cboe Global Markets?

If an employee leaves Cboe Global Markets, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave it in the Cboe Global Markets 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.
In 2024, Cboe Global Markets announced a restructuring plan that includes reducing its workforce by 10% as part of a broader cost-cutting initiative aimed at streamlining operations and focusing on core business areas. The company also revealed changes to its employee benefits package, including reductions in healthcare coverage and adjustments to retirement plan contributions.
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For more information you can reach the plan administrator for Cboe Global Markets at 400 S. LaSalle St. Chicago, IL 60605; or by calling them at +1 312-786-5600.

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