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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Workday Employees: Navigating the Challenges of Returning to the Office and Its Impact on Your Retirement Plans

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Healthcare Provider Update: Healthcare Provider for Workday: Workday, the leading provider of enterprise cloud applications for finance and human resources, typically partners with large health insurance carriers such as UnitedHealthcare, Anthem (Elevance Health), and Aetna to deliver healthcare benefits to its employees. These partnerships ensure that employees have access to comprehensive healthcare plans that cater to a diverse workforce. Potential Healthcare Cost Increases in 2026: As we move into 2026, employees at Workday may face significant hikes in their healthcare costs. With projections indicating premium increases exceeding 60% in some states and a potential average rise of 18% nationally, many employers, including Workday, are likely to adjust their benefits structure. This shift could result in higher deductibles and out-of-pocket expenses for employees, particularly if enhanced federal subsidies expire. Workers are encouraged to stay informed about benefit changes and strategize their healthcare spending to mitigate these impending cost increases. Click here to learn more

The shift from remote to in-office work environments is changing the nature of the professional setting in today's work environment. This change has significant repercussions for both firms and people, while it also offers opportunities for improved cultural connectivity and collaboration. With these drastic changes its crucial for companies like Workday to stay informed in these evolving times. 

A noteworthy BetterUp survey highlights the sharp decline in mostly remote positions—a 50% drop—and finds that 25% of companies are requiring employees to return to the office in order to promote better relationships and company culture. This shift is not without its challenges, though. A startling reality is revealed by research involving 1,400 full-time U.S. employees who were required to report back to work: increased levels of stress, burnout, and inclinations to quit were noted, along with decreased engagement, worse productivity, and a lowered sense of trust in their businesses. These results point to the necessity of a return-to-office (RTO) strategy that is infused with human experience, empathy, and sensitivity in order to preserve a positive workplace culture and a strong sense of belonging among employees. If you are feeling burn out or increased levels of stress, as a Workday employee, it may be beneficial to be aware of your policies and procedures when it comes to remote or in-person work.

RTO comes with a number of difficulties for individuals. One way that in-person work can improve social connectedness and life satisfaction is through research done in collaboration with the University of California, Riverside. Face-to-face encounters are clearly important for fostering deeper professional connections, but the way RTO regulations are explained and applied can breed animosity, which impedes real involvement and teamwork in the workplace.

Research indicates that commutes longer than thirty minutes are associated with higher levels of stress and rage, and longer than forty-five minutes are associated with worsened health and well-being. The inability to balance obligations at work and at home is another major obstacle, underscoring the need of time management in the fast-paced world of today. Contrary to popular belief, remote work has been demonstrated to support corporate objectives, and workers frequently put in additional hours while working from home.

RTO does, however, also offer chances for expansion and adaptability. Having the freedom to select one's own working arrangement can improve wellbeing and productivity. The financial ramifications of going back to work, where workers must pay $561 on average each month in connected expenses, highlight the necessity for businesses to take the financial strain on their staff into account.


There are a few ways to lessen the impact of the return to work transition for staff members. Vital measures include embracing the opportunity to strengthen professional relationships, viewing the return to the office as an opportunity to improve work-life balance, and speaking up in favor of the help and resources that you need. It is imperative that Workday workers effectively communicate their demands in order to take advantage of the chance to establish better routines and habits.

Important problems concerning the future of work and striking a balance between business goals and employee well-being are brought up by the discussion surrounding RTO regulations. It is crucial that leaders tackle this shift with a sophisticated awareness of how it will affect the workforce as we negotiate these changes.

Together with their commitment to rethinking workplace norms, Christine Carter, Ph.D., Erin Eatough, Ph.D., Kristi Leimgruber, Ph.D., and Khoa Le Nguyen, Ph.D. from BetterUp give insightful thoughts on managing the complexity of this transformation. The conversation around remote versus in-office work will continue to be crucial in determining the nature of work in the future as the professional landscape changes, highlighting the need of flexibility, empathy, and strategic planning in creating a strong and productive workplace.

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Returning to work has financial ramifications for those who are getting close to retirement that go beyond immediate costs. According to a January 2023 National Bureau of Economic Research study, employees sixty years of age and older would probably encounter more difficulties when it comes to long-term financial planning because of the increasing expenses associated with office-related charges and commuting. This group, which was already juggling retirement savings targets, will now need to reevaluate their financial plans in order to account for these unanticipated expenses. This emphasizes the significance of thorough financial planning and guidance for individuals returning to traditional office work later in their careers. For Workday employees close to retirement age, having a well prepared finical plan is crucial as the workforce continues to change. Speaking with an advisor with a focus on Workday can help you develop a finical plan specifically for you. 

After working remotely for a while, going back to the office is like replanting a well-established garden. Employees are being uprooted from their comfortable, productive home offices to the corporate landscape, just like a gardener must carefully pluck plants that have flourished in one environment and transplant them into another, possibly less suited one. Although the goal of this shift is to revitalize corporate culture and teamwork, there are unintended consequences and difficulties. The costs are similar to what a gardener would have to spend on extra water, fertilizer, and care to ensure the transplanted plants survive—roughly the same as a month's worth of groceries. However, rather than the desired development and thriving, the shock to both plants and employees might result in stress and resentment if proper acclimation and support are not provided. This analogy emphasizes how crucial it is to provide the transition with comprehension and assistance in order to guarantee a successful outcome for the corporate ecosystem.

What is the 401(k) plan offered by Workday?

The 401(k) plan at Workday is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can I enroll in the Workday 401(k) plan?

Employees can enroll in the Workday 401(k) plan by accessing the benefits portal during the enrollment period or when they first become eligible.

Does Workday offer a matching contribution for the 401(k) plan?

Yes, Workday offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the vesting schedule for Workday's 401(k) matching contributions?

The vesting schedule for Workday's 401(k) matching contributions typically follows a standard schedule, which can be found in the employee handbook or benefits portal.

Can I change my contribution percentage to the Workday 401(k) plan at any time?

Yes, employees can change their contribution percentage to the Workday 401(k) plan at any time through the benefits portal.

What investment options are available in the Workday 401(k) plan?

The Workday 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a loan option available through the Workday 401(k) plan?

Yes, Workday allows employees to take loans against their 401(k) savings under certain conditions.

How can I access my 401(k) account information at Workday?

Employees can access their 401(k) account information through the Workday benefits portal or by contacting the plan administrator.

What happens to my Workday 401(k) if I leave the company?

If you leave Workday, you have several options for your 401(k), including rolling it over to another retirement account or cashing it out, subject to taxes and penalties.

Are there any fees associated with the Workday 401(k) plan?

Yes, there may be fees associated with the Workday 401(k) plan, which are disclosed in the plan documents available to employees.

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For more information you can reach the plan administrator for Workday at 6110 Stoneridge Mall Rd. Pleasanton, CA 94588; or by calling them at 925-951-9000.

*Please see disclaimer for more information

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