Workday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics are built with artificial intelligence and machine learning at the core to help organizations around the world embrace the future of work. Workday is used by more than 10,000 organizations around the world and across industries – from medium-sized businesses to more than 50% of the Fortune 500.
The software, platforms, and core technology sector — including leaders like Workday, ServiceNow, and Salesforce — is at the forefront of innovation, yet faces unique challenges in attracting, retaining, and developing top talent. While the industry enjoys strong fundamentals — with only 11% of companies below average in short- or long-term retention, 89% achieving above-average or excellent industry recognition, and 100% rated above average or excellent in skills, educational attainment, and promotion rates — the intense competition for highly specialized roles creates a persistent talent war. Organizations must compete not only with peers but also with startups, adjacent tech sectors, and global innovators for employees skilled in AI, cloud computing, cybersecurity, data analytics, and enterprise architecture.
Despite these strengths, retaining top performers and maintaining career progression requires continuous effort. Employees expect dynamic career paths, opportunities for meaningful work, and ongoing skill development to stay at the forefront of technology. Rapid innovation cycles, high demand for niche technical expertise, and “always-on” work cultures can contribute to burnout, making retention an ongoing challenge even for companies with above-average performance metrics. Firms that succeed are those that combine competitive compensation, strong development programs, transparent promotion pathways, and a culture that empowers employees to innovate and grow — securing their place as employers of choice in a fiercely competitive industry.
Among Technology – Software, Platforms & Core Technology companies in the Fortune 500, Workday stands out as the best in quality of hire, ranking 1st in both short- and long-term retention, 4th in education, skills, and certifications attainment, 4th in promotion rate, and 6th in industry recognition. This performance reflects Workday’s strong focus on hiring top talent and investing in employee development to maintain engagement and career progression.
Workday’s success stems from several strategic initiatives:
By integrating robust development programs, career mobility, and a high-performance culture, Workday has established itself as a benchmark for hiring and retaining top talent in the Software, Platforms & Core Technology industry, showing that even in a fast-paced, competitive market, deliberate investment in people pays measurable dividends.
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