HQY HealthEquity Inc

The Path Forward: How Commuting Impacts the Return to Office Experience

The Path Forward: How Commuting Impacts the Return to Office Experience

Commuting expenses are on employees’ minds, and with more employees returning to the office, commuter benefits can ease the transition

DRAPER, Utah, Feb. 20, 2025 (GLOBE NEWSWIRE) -- HealthEquity, a leader in benefits solutions, today released new research focused on the challenges and preferences of employees who recently transitioned from fully remote work to a consistent in-office schedule. The findings highlight how factors like commuting can impact employees' return to office (RTO) experience and underscore the importance of commuter benefits in supporting a positive RTO experience.

“Commuting can be the biggest hurdle in any return-to-office or existing work-from-office experience," said HealthEquity Commuter Product General Manager, Kalpi Desai. "Offering commuter benefits, from pre-tax options to parking discounts, can make a big difference in making individuals’ workdays more manageable and cost-efficient."

revealed that 54% of employees identified commuting costs--more than any other factor--as an obstacle to more frequent office attendance. impacting their overall Return to Office (RTO) experience. Other key findings from the research include:

  • Most employees said their RTO was positive – 75% of employees surveyed reported positive RTO experience.

  • RTO improved quality of work – 83% reported that their quality of work improved after they returned to the office.

  • Correlation between higher commuting costs and lower in-office attendance – Employees who reported higher commuting costs also tend to have lower in-office attendance, suggesting a correlation between commuting expenses and reduced office presence.
  • Cost concerns impact wellbeing – Those most affected by commuting expenses report lower sleep quality and a more negative perception of RTO.



With more companies mandating more in-office time from 2023, (the average across size and industry being approximately 3 days a week), it’s important to get the details right. This is particularly evident as RTO policies have made it more challenging to fill positions and have contributed to higher employee turnover.2 These realities combined with the fact that the cost of transportation in the US remains one of the highest consumer costs3, make workforce commutes one of the most important considerations in a successful RTO strategy.

Despite these challenges, the research highlights an opportunity for employers to address these concerns through commuter benefits and ongoing benefits education. While HealthEquity found that 65% of employees say they are aware of their tax-free commuter benefit options, only 47% currently report using them, even though more than half believed these benefits make commuting more affordable and convenient.

“While benefit types and options vary, what these employees are telling us is they want benefits that ease the financial strain of RTO. Commuter benefits are smart, strategic choices for companies that are shifting to more time in the office,” said Desai. “This is true not only in cities with mass transit, but also in the more numerous areas where driving to work is more common.”

HealthEquity commuter benefits support organizations as they develop flexible RTO policies that align with workforce needs. By addressing commuting challenges, employers can improve employee wellbeing, promote better work-life balance, and foster a more engaged and productive workforce. Employers wanting to learn more about the latest RTO research and RTO employee-centered strategies can register to attend the HealthEquity webinar, “,” on Thursday, February 27.

Resources

1

2

3

About HealthEquity

HealthEquity and its subsidiaries administer HSAs and various other consumer-directed benefits for over 16 million accounts, working in close partnership with employers, benefits advisors, and health and retirement plan providers. With a commitment to saving and improving lives, HealthEquity empowers individuals to take control of their healthcare journey through cutting-edge solutions, innovation, and a relentless focus on well-being. Learn more about HealthEquity’s “Purple service” and our approach to consumer-driven benefits at .

Media Contact

Amy Cerny 

801-508-3237 

A photo accompanying this announcement is available at



EN
20/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on HealthEquity Inc

 PRESS RELEASE

HealthEquity Community Foundation Announces First Grant Recipients and...

HealthEquity Community Foundation Announces First Grant Recipients and Opens Next Funding Cycle Charitable non-profits nationwide receive grants to advance healthcare, financial literacy, mental health, and basic human needs; Applicants encouraged to apply for next round of funding DRAPER, Utah, March 11, 2025 (GLOBE NEWSWIRE) -- The HealthEquity Community Foundation today announced the first recipients of grants from their inaugural grant cycle, and the application timeline for their next grant cycle. This marks a significant step forward in the Foundation’s aim of advancing its missio...

 PRESS RELEASE

Forbes and U.S. News & World Report Agree: HealthEquity is One of Amer...

Forbes and U.S. News & World Report Agree: HealthEquity is One of America’s Best Places to Work Forbes recognized HealthEquity as one of America’s Dream Employers for 2025, while U.S. News & World Report named them one of the Best Companies to Work For in 2025 DRAPER, Utah, Feb. 27, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation’s leader in health savings accounts (HSAs) and consumer-directed benefits administration, has been named one of by Forbes and one of the . These awards are the latest in a long run of accolades that recognize the company’...

 PRESS RELEASE

The Path Forward: How Commuting Impacts the Return to Office Experienc...

The Path Forward: How Commuting Impacts the Return to Office Experience Commuting expenses are on employees’ minds, and with more employees returning to the office, commuter benefits can ease the transition DRAPER, Utah, Feb. 20, 2025 (GLOBE NEWSWIRE) -- HealthEquity, a leader in benefits solutions, today released new research focused on the challenges and preferences of employees who recently transitioned from fully remote work to a consistent in-office schedule. The findings highlight how factors like commuting can impact employees' return to office (RTO) experience and underscore the...

 PRESS RELEASE

HealthEquity Reports Year-End Sales Metrics

HealthEquity Reports Year-End Sales Metrics Affirms Business Outlook, Announces Upcoming Events and Presentations DRAPER, Utah, Feb. 18, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced its HSAs, HSA Assets and Total Accounts as of its fiscal year ended January 31, 2025. The Company also affirmed its guidance for fiscal 2025 and 2026, provided an updated HSA cash repricing schedule, and announced upcoming events and presentations. The total number of HSAs as of Jan...

 PRESS RELEASE

Tech-Powered Innovation Transforms Member Experiences and Earns Health...

Tech-Powered Innovation Transforms Member Experiences and Earns HealthEquity Industry Recognition Awards acknowledge innovative approach that shows promise in making benefits simpler and faster to navigate DRAPER, Utah, Jan. 28, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (HSA) custodian, has been recognized by two industry awards programs for its Expedited Claims tool. Both the and the have honored the time-saving solution, further underscoring HealthEquity’s commitment to simplifying healthcare benefits and empowering member...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch