CFOtech Australia logo
Technology news for Australian CFOs and financial decision-makers
Story image

Workday winning on culture and family focus

Wed 22 Jun 2022

As the war on talent continues and businesses face the challenges surrounding remote working and changing employee expectations, culture and employee benefits that are engaging and enticing are helping companies attract and retain employees. 

One business leading the way in employee entitlements and culture is enterprise cloud applications provider, Workday. This was recognised recently when Workday in Australia was certified as a Family Inclusive Workplace. The business has also been named one of the 100 Best Companies to Work For by Fortune two years in a row and was awarded the World's Most Ethical Company award by Ethisphere based on its culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. 

Workday in Australia also complies with the Workforce Gender Equality Act, recently submitting its third annual report to the Workforce Gender Equality Agency (WGEA). This Australian Government body monitors its commitment to only deal with organisations in compliance with the Workforce Gender Equality Act when tendering for business. 

Workday says one of its core values is its employees, and it has policies to show this. Workday says, "people are the core of our business. Without them, we would not have a business. We hire the best and expect great accomplishments."

Workday is one of the first businesses in Australia to achieve family-friendly certification, with only 70 companies certified since the initiative launched 12 months ago. 

Family Friendly Workplaces (FFW) is a joint initiative by UNICEF Australia and Parents At Work. It aims to create National Work + Family Standards for all Australian workplaces and establish a benchmark to better support employees in managing their work and family caring needs. The initiative also aims to address systemic barriers to women's workforce participation and gender inequality, such as access to flexible work, paid parental leave, and child and aged care support.

According to the Family Friendly Workplaces site summary, Workday encourages all employees to put family first. It says, "our philosophy is that the wellbeing of our employees' families is central to the wellbeing of the individual employee, so many of our benefits reflect this approach to holistic family-wide wellness.

This family-first approach sees all employees receive access to family-wide private healthcare cover, as well as income protection and life insurance policies, and all employees have access to an EAP program, which offers a range of services from mental health support to financial consultations; all of which can be accessed by any member of the household. Workday also offers all employees access to Maven, which provides family planning and support services for egg freezing, fertility, pregnancy, postpartum, adoption, surrogacy, new parenthood, and returning to work after leave through to a child's first birthday. 

The pandemic highlighted Workday's family-first culture and attitude, with all employees receiving extra compensation to cover costs related to Covid-19 (two weeks additional pay) and other funds to set up work from home stations. Workday also gives all carers (including those responsible for elder care) US$2,000 per year to cover caring costs, allowing employees to care for their families while working.

Workday also recognises that some employees need additional support to accommodate caregiving responsibilities, including childcare or eldercare. Workday's Caregivers Leave of Absence policy provides workmates with daytime caregiving responsibilities to request up to 12 weeks of leave and receive 50% of their normal salary.

Policies also allow parents to achieve meaningful careers at Workday while balancing family commitments. The company also has a Flexible Schedules Policy enabling people to pursue better working arrangements to support caregiving responsibilities. The policy includes a compressed work week, an AM/PM split schedule, working non-standard hours or alternate days, or part-time schedule requests.

Workday's parental leave policy provides up to 12 weeks of paid leave and 100% salary to welcome and bond with a new family member (birth or adoption of a child). This benefit is available to all new parents, including mothers, fathers, same-sex couples, and adoptive parents.

According to Workday Australia and New Zealand vice president and managing director Jo-Anne Ruhl, "Workday policies and benefits are carefully designed to ensure we are an employer of choice, but we are also committed to embedding a pervasive culture of belonging and diversity across our business. We know it's both the right thing to do and that it also results in better business outcomes, including better employee engagement and more business innovation. We know both our employees and our customers will benefit from this initiative over the long term."

As part of the Family Inclusive Workplace certification, Workday has committed to implementing a two-year Action Plan to continue investing in and developing its family-friendly workplace culture. 

Related stories
Top stories
Story image
Tech job moves
Tech job moves - Bitdefender, Cohesity, Fortinet & MODIFI
We round up all job appointments from June 27-30, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Digital wallets
NFTs are ready to disrupt the ticketing world
The last few months have seen NFTs wielded by digital creators to take ownership over their craft and content. Now other industries are beginning to understand the real-world value that these nifty decentralised tokens can provide.
Story image
Artificial Intelligence
Juniper study reveals top AI trends in APAC region
Juniper's research shows an increase in enterprise artificial intelligence adoption over the last 12 months is yielding tangible benefits to organisations.
Story image
Infrastructure
New VMware offerings improve cloud infrastructure management
VMware has unveiled VMware vSphere+ and VMware vSAN+ to help organisations bring benefits of the cloud to existing on-prem infrastructure.
Story image
Talend
Forrester names Talend Leader in enterprise data fabric
Forrester has named Talend a leader among enterprise data fabric providers in the Forrester Wave: Enterprise Data Fabric, Q2 2022 report.
Story image
SaaS
Sealord partners with Infor to improve sustainability
Sealord has chosen Infor as a strategic partner to implement an operational cloud-based platform that provides day-one functionality and sustainability gains.
Story image
Shouta
The rise of digital gifting in the workplace
The name itself does most of the explaining; it’s a gift you receive virtually. But a misconception about digital gifts is that they need to be redeemed virtually as well. 
Story image
Healthcare
Workday winning on culture and family focus
This family-first approach sees all employees receive access to family-wide private healthcare cover, as well as income protection and life insurance policies.
Story image
Cloud
Cloudflare outage in 19 data centers worldwide due to own error
Cloudflare says its outage for 19 of its data centers yesterday was because of a change in a long-running project to increase resilience in its busiest locations.
The Access Group
Health and social care organisations are currently under significant financial pressure. Find out how financial transformation can help provide an effective route forward.
Link image
Supply chain
Discover the 4 critical priorities for wholesale distribution businesses in FY23. Are you worried about how supply chain issues may affect your business in 2023?
Link image
Story image
Payroll
How New South Wales state departments achieved cloud migration success
State departments in New South Wales are heading to the cloud to achieve better workflow solutions, and one company is paving the way for their success.
Story image
Microsoft
TO THE NEW unveils A/NZ Managed Services for Microsoft Azure
TO THE NEW has released Managed Services for Microsoft Azure to meet the growing demand in the A/NZ market and globally.
Story image
Public Cloud
Public cloud services revenues top $400 billion in 2021
"For the next several years, leading cloud providers will play a critical role in helping enterprises navigate the current storms of disruption."
Project management
Discover the 4 crucial factors for choosing the right job-costing solution. Is your team struggling to cost jobs and keep projects running on budget?
Link image
Story image
Accounting
Four factors to consider when choosing the right job accounting solution
Progressive job-based businesses can achieve success by strengthening their ability to quantify every cost attributable to the delivery of an outcome for a customer.
Story image
Testing
Video: 10 Minute IT Jams - An update from Tricentis
Tricentis provides software testing automation, and software quality assurance products for enterprise software.
Story image
Macquarie Data Centres
Macquarie deal to pioneer CO2-cutting data centre tech in Australia
Macquarie Data Centres has signed a multi-year deal with ResetData, an Australian first provider using Submer data centre technology. 
Digital Transformation
Discover the 5 signs your business is ready for a cloud-based ERP. Is your business being left behind as more of your competitors switch to the cloud?
Link image
Story image
Fintech
Corpay announces new collaboration with Triterras
Corpay and fintech firm Triterras have announced a new collaboration between Corpay’s Cross-Border business and Triterras Inc.    
Story image
Music
Mastercard reveals first-ever album titled Priceless
Mastercard's music album Priceless has been unveiled at the Cannes Lions Festival of Creativity and features 10 songs by 10 artists worldwide.
Story image
Hybrid workforce
Why hybrid working is here to stay and how to ace it
Citrix's new report reveals hybrid workers are more productive and engaged at work than their office and completely remote counterparts.
Story image
Data Protection
Five signs your business is ready to move to the cloud
Many organisations are thinking about moving to the cloud. But what are the signs you are ready, and what are the reasons to move?
Story image
MSP
Video: 10 Minute IT Jams - An update from CyberArk
Olly Stimpson joins us today to discuss the importance of MSP programmes and how MSP partners are experiencing success with CyberArk.
Story image
NaaS
Survey finds 94% of Australian IT leaders looking at NaaS
Aruba’s latest survey reveals a rising interest in NaaS among Australian technology leaders as they re-evaluate their current infrastructure and network setup.
Story image
Artificial Intelligence
Accenture shares the benefits of supply chain visibility
It's clear that gaining better visibility into the supply chain will help organisations avoid excess costs, inefficiencies, and complexity to ultimately improve their bottom line.
Productivity
Discover the 5 ways your ERP may be letting you down. Is your current system outdated, difficult to manage, and costing you a fortune?
Link image
Story image
Wiise
Four things wholesale distributors need to consider for FY2023
In a post-pandemic world, there are many things for a distribution business to juggle. ERP solutions company Wiise narrows down what companies should focus on.
The Access Group
Struggling to understand which transformative technologies will help your business? The Access Group provides a look into key opportunities and impacts for finance.
Link image
Story image
Citrix
The best ways to attract young talent during labour shortages
New research from Citrix reveals hybrid working and ventures into the metaverse are top of mind for Gen Z workers.
Story image
Manufacturing
Sutton Tools deploys Infor M3 CloudSuite for manufacturing
Sutton Tools has also implemented the Infor OS cloud operating platform, including Infor Intelligent Open Network and Mongoose.
Story image
Airwallex
How Airwallex helps businesses achieve globalisation success
As markets continue to shift, businesses need to be able to provide the same quality of service for customers regardless of where they are located around the world.
Story image
Attack
Phishing attacks are making a comeback
No matter what approach or tool cybercriminals use to breach a network, they all have one thing in common: access.
The Access Group
Increasing headcount isn't always the best way to grow. A good financial strategy can help solve many issues, and The Access Group shares the secret to success.
Link image
Story image
Samsung
Monitors are an excellent incentive for getting employees back
The pandemic has taught us that hybrid working is a lot easier than we would’ve thought, so how can the office be made to feel as comfortable as home? The answer could be staring you in the face right now.
Story image
Cybersecurity
Vulnerable APIs costing businesses billions every year
Large companies are particularly vulnerable to the security risks associated with exposed or unprotected APIs as they accelerate digital transformation.  
Story image
BitTitan
How to achieve your monthly recurring revenue goals
Monthly recurring revenue (MRR) is the ultimate goal, the most important issue on which anyone in the IT channel should focus.
Story image
Digital Transformation
Stax and Consegna partner to accelerate modernisation
According to a statement, the new alliance will help both companies expand their reach across the region and realise joint goals.
Story image
Infrastructure
Global investment in data centers more than doubled in 2021
DLA Piper's latest global survey finds the total investment in data center infrastructure worldwide rose from USD $24.4 billion in 2020 to USD $53.8 billion in 2021.
Story image
Enterprise Resource Planning / ERP
Five ways your ERP is letting you down and why its time for a change
Wiise explains while moving to a new system may seem daunting, the truth is that legacy systems could be holding your business back.
Story image
Cloudera
Overcoming hybrid and multi-cloud challenges to drive innovation
Driven by improvements in technology, financial services companies have advanced both internal and external systems and processes, with the likes of digitisation, personalisation and risk management redefining the industry.
Story image
MarTech
Martech experts reveal the “buzz” on personalisation
In the digital age, innovative technology must be leveraged to power an efficient and effective relationship marketing strategy.
Story image
API
Industry-first comprehensive risk-based API security enhances protection
Application Programming Interfaces (APIs) have become a crucial part of operating web and mobile application businesses and are causing significant economic growth in the digital sector.
Story image
Cryptocurrency
NOWPayments launches new service to analyse cryptocurrency fees
NOWPayments has launched a new network fee optimisation solution that analyses current network fees and picks the most profitable option out of the client's payout wallets.