Welcome vs. Workday Compensation

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Welcome
Score 8.5 out of 10
N/A
Welcome is an intelligent compensation hub used to communicate offers to candidates and total rewards to employees — while making data-driven compensation decisions. It aims to help users increase acceptance rates by clearly communicating each offer and its total compensation with Digital Offers, and boost employee retention by helping employees understand the value of their equity, benefits, salary, and bonuses with Total Rewards. With Compensation Data, users' HR and People…N/A
Workday Compensation
Score 9.0 out of 10
N/A
Workday Compensation provides strategic tools to craft competitive packages, address pay inequities, and reward performance, enabling optimal decisions to attract and retain top talent. Insights from dashboards and real-time data are available to manage compensation events, recognize top performers, and navigate market dynamics with integrated survey data. The Pay Equity Discovery Board helps identify and close pay gaps, fostering fairness. This data-driven approach…N/A
Pricing
WelcomeWorkday Compensation
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
WelcomeWorkday Compensation
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
WelcomeWorkday Compensation
Small Businesses
Arcoro HR
Arcoro HR
Score 8.3 out of 10
Arcoro HR
Arcoro HR
Score 8.3 out of 10
Medium-sized Companies
PayScale Insight Lab
PayScale Insight Lab
Score 10.0 out of 10
PayScale Insight Lab
PayScale Insight Lab
Score 10.0 out of 10
Enterprises
SAP SuccessFactors HCM
SAP SuccessFactors HCM
Score 8.4 out of 10
SAP SuccessFactors HCM
SAP SuccessFactors HCM
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
WelcomeWorkday Compensation
Likelihood to Recommend
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
WelcomeWorkday Compensation
Likelihood to Recommend
Welcome
If you don't have a workflow management tool in place and are relying on email or shared documents, then I would recommend using Welcome to keep tasks moving and employees accountable. It's very flexible, so you can really drill down on what you're asking from users and it consolidates the tasks that you need to work on in one place. We don't use it for legal documents due to more specific requirements that those require, but, for most other collaborative work, it is used.
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Workday
No answers on this topic
Pros
Welcome
  • I can see an overview of all my assigned tasks and if I need to take action now or in the future.
  • The history tab gives a detailed overview of all action taken by everyone so far.
  • You can really break tasks down into clear, specific steps leaving no room for guesswork or confusion.
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Workday
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Cons
Welcome
  • For some tasks that don't require an article, we are forced to create one or the task doesn't function.
  • When changes are tracked in Word docs they are not apparent until the file is downloaded meaning that if people are only previewing content, they will miss these changes/comments.
  • Having 2 separate places to comment can be confusing and hiding resolved comments can mean less transparency in the process.
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Workday
No answers on this topic
Return on Investment
Welcome
  • Employees can be resistant to using Welcome at first as they think it will add to their workload, but they, eventually, see the benefits of saving time and gaining efficiency.
  • If one person is responsible for entering all tasks, it can be a fair bit of admin time for that person.
  • We have a better working relationship with external agencies that also use Welcome to collaborate with us.
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Workday
No answers on this topic
ScreenShots

Welcome Screenshots

Screenshot of Welcome's Digital Offers, Total Rewards, and Comp Data help HR and People teams seamlessly manage compensation for better hiring and retention rates.Screenshot of US-based companies can hire internationally with ease by allowing People Operations and HR teams to create and send offers in more than 30 available international currency options. Welcome is SOC2 Type 2 and GDPR compliant, so customers can rest assured that the offers they send will also adhere to local data privacy and security regulations.

Workday Compensation Screenshots

Screenshot of Compensation ManagementScreenshot of Compensation PlanningScreenshot of the Compensation Review Dashboard