What it does: Workday is a leading provider of enterprise cloud applications for finance, HR, and planning.
Mission: Our customers should achieve amazing results.
Size and presence: We have more than 10,000 associates all over the globe.
Best known for: Workday delivers financial management, human capital management, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. Organizations ranging from medium-sized businesses to Fortune 50 enterprises have selected Workday.
The good bits: You can have a great work-life balance if you want
The not so good bits: Proprietary Language is not ideal if you plan on transferring job
Workday was founded in March 2005 and launched in November 2006. Initially, it was funded by Duffield and venture capital firm Greylock Partners. In December 2008, Workday moved its headquarters from Walnut Creek, California, to Pleasanton, California, where PeopleSoft founder Duffield's prior company, was located.
On February 6, 2008, Workday announced that it had reached a definitive agreement to purchase Cape Clear Software. In May 2008, Workday signed a large contract with Flextronics to provide human capital management software services. Other large, multinational companies that have publicly disclosed contracts or deployments of Workday include Aviva, Chiquita Brands, CAE Inc., Fairchild Semiconductor, Rentokil Initial, Thomson Reuters, and Time Warner.
On April 29, 2009, Workday announced that it secured $75 million in funding led by New Enterprise Associates. Existing investors Greylock Partners and Workday CEO and co‑founder Dave Duffield also participated in the round. On October 24, 2011, Workday announced $85 million in new funding, bringing the total capital raised to $250 million. Investors in the latest round included T. Rowe Price, Morgan Stanley Investment Management, Janus, and Bezos Expeditions, the personal investment entity of Amazon CEO and founder Jeff Bezos.[ As of spring 2012, Workday had 310 customers, ranging from mid-sized businesses to Fortune 500 companies.
In October 2012, Workday launched its initial public offering (IPO) on the New York Stock Exchange with the ticker symbol WDAY. Its shares were priced at $28 and ended trading Friday, October 12, at $48.69, "propelled the start-up to a market capitalization of nearly $9.5 billion including unexercised stock options." It sold 22.75 million Class A shares, raising $637 million. The IPO raised more cash than any launch in the U.S. technology sector since Facebook's $16 billion IPO in May 2012. Its shares surged 74% in their IPO, underscoring investor interest in cloud computing.
In 2016 Workday launched a cloud-based Student information system to augment its portfolio of financial management and human capital management products.
In 2018 Workday acquired Filip Doušek's company Stories. bi.
The Co-CEO of Workday is Aneel Bhusri, who is a partner with Greylock Partners and handled senior leadership positions earlier in his career at PeopleSoft. In 2020, Chano Fernandez was promoted to co-CEO. Dave Duffield serves as the chairman of the board.
In November 2021, Workdays announced its acquisition of VNDLY, a startup that helps companies manage external workforce personnel, for $510 million.
Our approach to diversity is simple: it’s about embracing everyone. From cultivating a culture where all employees can bring their best selves to work to deploying diversity initiatives that support all, we’re doing what it takes to build a more equitable workplace and world.
Our commitment to building a more equitable world shines through in our everyday practices. We hire and develop a diverse workforce, cultivate our employee-first culture, shape corporate policies, and invest in underrepresented communities around the world. And we’re just getting started.
Whether you just finished a training program, are returning to work after a pause, or are transitioning to civilian life, there’s a place for you here at Workday. Through Opportunity Onramps, our career development program, you’ll get the support to take your career forward.
From hockey, skiing, cycling, rugby, basketball, softball, golf, soccer, snowboarding, and ultimate frisbee to philosophy, mahjong, salsa dancing, Toastmasters, and photography—if you like it, we support it.
With an assortment of game tables in every office, there’s always an opportunity to take a quick break, have fun, and build friendships.
Dogs are welcome in the Workday offices in Pleasanton, Salt Lake City, and Victoria. Every year in Pleasanton, we throw a Bring Your Dog to Workday party.
Sponsored by individual teams and open to all employees, Cantinas are a way to unwind, celebrate accomplishments, and promote new ideas.
Workday will reimburse employees a portion of eligible fitness expenses. In Pleasanton, we also offer weekly at-work yoga classes.
We host multiple events throughout the year for spouses, significant others, and children. Events may vary by office location, but the feeling is always the same: fun and family matter.
To help you invest in your future, we offer retirement savings plans based on the best regional practices around the world.
Everyone is an owner at Workday. All employees have the opportunity to buy Workday stock at a discount.
Save on eligible commuting costs (like public transit and parking fees) through automatic, pre-tax payroll deductions.
Workday covers most of the medical, dental, and vision plan costs for you and your dependents.
If you (or your spouse) are at work or in school full time, Dependent Care FSA helps pay for eligible child care expenses for children under the age of 13 or a dependent adult.
For those unexpected days when you need backup childcare, we partner with Care.com to help you find quality care for your kids.
Save pre-tax dollars for qualified health care and dependent care expenses in a Flexible Savings Account or a Health Savings Account.
We have committed to set science-based emissions reduction targets, that are consistent with keeping global warming to 1.5°C above pre-industrial levels. This will help our world transition to a net-zero future by 2050.
We made a bold commitment to reach net-zero carbon emissions and operate on 100% renewable electricity by 2021—and we did it a year early.
We use 100% renewable electricity in our offices and data centers.
And we offset 100% of our emissions from natural gas, data center cooling, and business travel.
We collaborated on the first clean energy deal
of its kind.
We joined Bloomberg, Cox Enterprises, Gap Inc., and Salesforce to create the first-ever small aggregation clean energy deal.