©2024 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This report may contain links to external websites that are not part of Nutanix.com. Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such a site. Certain information contained in this report may relate to or be based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data are reliable as of the date of this report, they have not been independently verified, and we make no representation as to the adequacy, fairness, accuracy, or completeness of any information obtained from third-party sources. Unless otherwise noted, all data provided in this report is for calendar year 2023.
The information and opinions contained in this report are provided as of the date they are originally made and are subject to change without notice. Nutanix does not undertake to update or revise any such statements. This report is not intended to create legal rights or obligations. Inclusion of information in this report is not an indication that the subject or information is material in the context of the securities laws or any other laws of the United States or any other jurisdiction, or as these terms are used in the context of financial statements and financial reporting. The standards of measurement and performance contained in this report are developing and based on assumptions.
This report contains express and implied forward-looking statements, which involve substantial risks and uncertainties. Other than statements of historical fact, all statements contained in this report, including statements regarding our plans, initiatives, projections, targets, goals, commitments, expectations, or prospects, are forward-looking statements. The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “plan,” “intend,” “could,” “would,” “expect,” “aspire,” or words or expressions of similar substance or the negative thereof, that convey the uncertainty of future events or outcomes are intended to identify forward-looking statements. You should not rely upon these forward-looking statements as predictions of future events. These forward-looking statements speak only as of the date they are originally made and are based on our current expectations only. These forward-looking statements are subject to numerous risks, uncertainties and assumptions, including scientific or technological developments, regulatory and legislative changes, stakeholder engagement, global political, social and economic trends, evolving sustainability frameworks, and other unanticipated or subsequent developments as well as those described in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, each filed with the U.S. Securities and Exchange Commission. It is not possible for us to predict all risks, nor can we assess the impact of all factors or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statements we may make. These forward-looking statements are merely aspirational and, in light of these risks, uncertainties and assumptions, we cannot guarantee that the future results, performance, or events and circumstances reflected in these statements will be achieved or will occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise or publicly release the results of any revision to these forward-looking statements to reflect new information or the occurrence of unanticipated or subsequent events, except as required by law.
Employee Wellbeing and Benefits
Nutanix is a customer and employee-centric company driven by a pervasive culture of trust and accountability. Our employee benefits are designed to support the wellbeing and health of our diverse workforce. Our employees can access programs for managing mental, physical, and financial health needs wherever they are in their life’s journey. We offer competitive compensation and financial security programs, including an employee stock purchase plan, and a variety of retirement investment options. We provide highly regarded healthcare coverage, wellbeing programs, learning, volunteering opportunities, and more.
We offer programs to support where each employee is on their wellbeing journey – whether seeking preventive care, engaging in exercise, building resilience, or wanting guidance and tools to support financial goals. Our health plans across the globe provide direct or supplemental coverage for preventive care and vaccinations, and health checkups are covered in many countries. We offer in-person or online access to mental health coaching, therapy, and counseling services, with access to an app to develop mindfulness practices for all employees.
Since 2020, employees have enjoyed a company-wide day off several times a year dedicated to their wellbeing. This gives everyone a mental and physical break from work.
Through an award-winning resource, Nutanix provides evidence-based tools, e-learning, parenting experts, and dedicated clinical behavioral support for parents, families, and neurodiverse individuals.
Employees and their partners have resources to support their unique reproductive and parenthood journey. When growing a family, this benefit provides access to education, pregnancy support, virtual chat specialists, free consultations at adoption agencies, and a dedicated Care Team to help navigate even after the baby has arrived.
Additionally, Nutanix offers support throughout the lifetime of reproductive health needs, including testing and treatment for infertility, procedures to restore fertility, contraceptives, termination of pregnancy, low testosterone, and navigating menopause.
Employees around the world get at least eight paid weeks of parental and baby bonding leave and 22 paid weeks for maternity and pregnancy leave. Additionally, enhanced Bereavement Leave supports one of the more difficult moments that matter. With up to 20 days of allowed time off from work, employees across the globe are able to spend time away from work in the event of a loved one’s death.
Providing equitable care to our employees is a priority for Nutanix. Coverage for employees who are transgender, and their covered family members, is provided through medical plans when possible. Our U.S. health plan choices include gender affirming care that aligns with the World Professional Association for Transgender Health (WPATH) guidance.
Nutanix introduced a new 401(k) company matching program. Starting in 2024, the company began matching 50% of what employees contribute to their 401(k) accounts (up to $2,000 per year) and increased the contribution limits for the after-tax in-plan Roth conversion, enabling employees to save more toward their retirement goals.
Employees around the world have access to one hour of free financial and legal consultations. U.S. employees also have access to a legal insurance and identity theft benefit which supports big and small legal needs, such as creating wills and trusts, support for a traffic ticket, review of rental agreements, family immigration needs, and more.
We spotlight employees on the Life at Nutanix blog, profiling how they succeed at work, foster community, and forge compelling career paths. We know our employees are our greatest asset, and it’s important we recognize one another for impactful contributions, big and small. All employees can recognize their colleagues through our Excellence Recognition program and send thanks for an awesome project, impactful deliverable, or for exemplifying the Nutanix Culture Principles. Award recipients can redeem the awards for items or experiences that hold meaning for them.
When a colleague celebrates a milestone service anniversary, in addition to an award, our social recognition platform allows for notes of congratulations, celebratory videos, and pictures from events over the years, all from across the organization – truly a viral amplification of recognition.