Workday HCM: What It Includes and Who It Fits

Core HCM

The HR system of record. Workday describes one unified, AI-powered core for its HCM products.

Recruiting

Workday Recruiting covers the full talent acquisition lifecycle, from candidate pools to hiring.

Talent Management and Learning

Talent management plus a learning solution that Workday says develops talent from day 0.

Global Payroll

Workday Payroll aims to pay people accurately, on time and compliantly around the world.

Workforce Management

Time tracking, absence, scheduling and payroll, which Workday groups under workforce management.

HR Analytics and Workforce Planning

Reporting plus modeling, forecasting and budgeting of the workforce from the same data core.

11,500+ Organizations

Workday says it provides more than 11,500 organizations with its cloud solutions, including more than 65% of the Fortune 500.

Large Enterprises First

According to its annual report, much of Workday's sales efforts are targeted at large enterprise customers.

HR and Finance on One Platform

Workday describes itself as a platform that unifies HR and finance, so HCM is often bought alongside Workday Financials.

Workday GO for Midsize Companies

For midsize companies, Workday offers Workday GO packages for HR, global payroll and finance.

No Public List Prices

Workday sells packages and asks you to speak with one of its experts to learn more about pricing.

Priced by Headcount

According to Workday's annual report, its subscription model is largely based on the size of the customer's employee headcount.

Terms of Three Years or Longer

Workday states that its subscription contracts typically have a term of three years or longer and are generally noncancelable.

Invoiced Annually in Advance

Workday generally invoices its customers annually in advance for subscription services.

Implementation by Partners

According to Workday, third parties provide a majority of its deployment services; Workday's own staff may also perform professional services.

Workday GO for Midsize Companies

For midsize companies, Workday offers Workday GO packages for HR, global payroll and finance. Workday says 75% of its customers have under 3,500 employees.

flair

HR and recruiting platform built natively on Salesforce, for mid-size and enterprise companies, including groups with several legal entities and countries.

BambooHR

HR software that BambooHR says is trusted by 30,000+ companies of all sizes. Published plans start at $10 per employee per month; payroll is an add-on for US employees.

HiBob

HR platform that HiBob says is built for modern, fast-growing companies of every size, in Growth, Scale and Enterprise tiers. Pricing is individually tailored.

Paylocity

HR and payroll software whose clients, according to Paylocity, typically have between 10 and 5,000 employees. Priced per employee per month; pricing on request.

Personio

HR software that Personio describes as suited to companies with 10 to 10,000 employees. HR plans start at €7.60 per employee per month (50+ employees); apps are added on top.

UKG

UKG Pro combines HR, payroll, talent and workforce management; UKG says UKG Ready is designed for small to midsize organizations. Pricing on request.