Overview

Welcome to Nutanix! Whether you're a new employee, or a current employee with a change in employment status, we're happy to introduce your Nutanix benefits.

Ready to Enroll?

Your New Hire Benefits Checklist

Use the checklist below to review your options, enroll in benefits, and begin saving for retirement with the company's 401(k) plan.

1. During your first two weeks: Review and explore your benefits.

Take some time to understand all the benefits that Nutanix offers, and decide which coverage is right for you and your family.

Explore this site for details about all benefits including medical, pharmacydental, and vision. Visit the Virtual Benefits Fair. To help you make your enrollment decisions, you can also use this Medical Plan Comparison Chart.

MyAdvocate

MyAdvocate can help you decide which medical plan is best for your personal health care needs. Their benefit navigators can help you compare options, answer any questions you have, give ideas for how to save money during the year, and much more.

To get started, call MyAdvocate at 833-968-1775 or visit their website.

2. Within 30 days: Enroll in your benefits.

You have 30 days from your date of hire to enroll in your Nutanix health and insurance benefits.

Once enrolled, it will take up to five business days for your information to be captured in the various insurance provider systems. At that time, you can access your accounts online, print or save temporary cards, and access providers.

If you enroll in the UHC CDHP – HSA, your Health Savings Account (HSA) will be automatically set up on the first of the month following your enrollment. You’ll be required to then validate your account with HealthEquity to complete the setup (contributions are held until it’s validated).

What happens if I don’t enroll?

If you don’t enroll during the 30-day window following your hire date, you'll be automatically enrolled in the following benefits:

  • Medical: Coverage in the UnitedHealthcare POS (Choice & Select Plus) at the employee-only level. (Note: You will not be enrolled in dental or vision coverage. Your dependents will not be covered under any health plans.)
  • Basic Life Insurance: Coverage of 3 times your annual base pay, up to $1 million.
  • Short-Term Disability (STD) Insurance: Coverage paid entirely by Nutanix and you’ll pay the tax on the coverage each pay period. Unless you choose otherwise, you’ll pay taxes on the company-paid premiums, so that any STD benefits you may receive in the future will not be taxed. For details, see “STD Tax Choice” below.
  • Long-Term Disability (LTD) Insurance: Coverage paid entirely by Nutanix.

Your next opportunity to enroll in benefits will be during our annual Open Enrollment, typically held each year in the fall, unless you experience a qualifying life event during the year.

What if I enroll and later forget what I selected?

To see a summary of your benefits elections, log into Workday:

  • Select the Benefits icon from the drop-down menu.
  • View > Benefit Elections.
STD Tax Choice

When you first enroll in benefits, or during Open Enrollment each year, you choose whether your STD benefit is taxable or non-taxable. Here’s how each option works:

  • Option 1—Taxable: There’s no cost to you today, but any STD benefits you receive in the future are taxed.
  • Option 2—Non-Taxable: You pay tax today on the premiums that Nutanix covers, so that any STD benefits you receive in the future are not taxed. This is known as imputed income, meaning the value of the STD premiums will be added to your taxable income for the year and reported on your W-2.

If you don’t make an STD tax choice, you’ll be automatically enrolled in Option 2 in Workday. If you don’t want this option, you must actively elect Option 1.

3. After your first paycheck: Save for the future.

After your first paycheck, you’re eligible to participate in the Nutanix 401(k) Plan. Visit the Fidelity website to make your contribution elections. Your contributions will take one to two pay periods to show up in your paycheck. If you don’t select a contribution rate within your first 45 days of eligibility (typically 45 days after your hire date), you’ll be automatically enrolled at a 2% pre-tax contribution rate, invested in a target date investment fund. You may change your contribution rate and investment elections at any time.

You can easily enroll in the Nutanix 401(k) Plan and manage your account online or by phone:

  • Visit the Fidelity website – Enroll online at your convenience, any time of day or night.
  • Call 800-835-5097 – Representatives are available to help you Monday through Friday, from 5 a.m.–5 p.m. PT
Important reminder!

Make sure to provide beneficiary information for your Nutanix 401(k) Plan account. Log in to your account on the Fidelity website. Then navigate to “Accounts & Benefits” and click “Update” to review your beneficiaries and make updates.

Ready to Enroll?

Log in to Workday, and follow the enrollment instructions to make your 2024 benefit elections.

Opt-Out Credit

You’re able to opt out of medical coverage if you have other minimum essential coverage. When you opt out, you'll receive aan opt-out credit of $93.30 per biweekly paycheck. Nutanix follows the Internal Revenue Service (IRS) notice on how opt-out credits impact the affordability of employer-sponsored health coverage.

When opting out of medical coverage provided by Nutanix, you must provide proof of your current enrollment in other minimum essential coverage. Minimum essential coverage is generally other employer-sponsored group medical plan coverage. During the enrollment process, you'll be required to attach documentation of your coverage, which includes your name, coverage period start date, and active status. Typically, this documentation can be found on your insurance provider website under view/print member ID.

Please note: If you can’t provide reasonable evidence that you’re enrolled in minimum essential coverage, you must enroll in a Nutanix medical plan. (Keep in mind, the cost to cover yourself only on a Nutanix medical plan is provided at no cost to you.)

Once reviewed and approved, you'll receive your opt-out credits on a go-forward basis each paycheck. This credit does not apply when opting out of dental or vision coverage.

For further questions, contact The People Team by opening a ServiceNow ticket.