Pequity integrates with over 50 HRIS, HCM, and Payroll systems to bring in up-to-date employee compensation records - funneling into the following app experiences: compensation planning, employee spend analytics, employee range matching & peer medians, and employee compensation portals.
Workday is one of Pequity’s most popular HRIS partners among industry-leading Pequity customers like Canva and Instacart.
Why Pequity works well with Workday
Pequity is the ideal compensation solution to partner with Workday. Pequity and Workday were both designed to serve a similar customer base, and to handle high volumes of sensitive data and complexities.
Together, Pequity with Workday creates the optimum compensation planning experience
While Workday is the most flexible and secure HCM for midmarket and enterprise companies, Pequity is the most flexible and secure compensation planning solution for midmarket and enterprise companies.
Pequity offers a more affordable, flexible, speedy, and intuitive compensation experience compared to Workday’s advanced compensation module - all without the added cost and overhead of hiring internal/external consultants and experts - and keeping true to all the important data and reporting.
What you get by pairing Workday + Pequity at the platform level
| Features | Workday without Pequity | Pequity + Workday |
| In-platform Comp Expert Support | ✓ | |
| Customizable pay band creation | ✓ | |
| Market data ingestion | ✓ | |
| Spreadsheet-like logic capabilities | Limited | ✓ |
| Time to set-up & test | 12 months | 1 month |
| Recruiter tools for faster & more accurate offers | ✓ | ✓ |
| Visual offer letters and employee portals | ✓ | ✓ |
| Customizable total reward letters | ✓ | ✓ |
| Compensation cycle management | ✓ | ✓ |
| Integrations with data sanitation | ✓ | ✓ |
What you get by pairing Workday + Pequity for compensation cycles
| Functionality | Workday | Pequity + Workday |
| Flexible columns positions + headers | ✓ | |
| Ability to hide columns | ✓ | ✓ |
| In-Cycle comments | ✓ | |
| Spreadsheet like logic capabilities | Limited | ✓ |
| In-platform Comp Expert Support | ✓ | |
| Time to set-up & test | 12 months | 1 month |
| Allow partners to shadow planners | Limited | ✓ |
| BYO or generate PDF reward letters | ✓ | ✓ |
| Admins can control / edit data in platform (including mid-cycle) | ✓ | |
| Integrations with data sanitation built-in | ✓ | ✓ |
How to integrate with Workday
Pequity can integrate Workday in 3 different ways: RaaS (most popular), API, and flat-file uploads. Your Pequity implementation partner will help you select the best integration path for your unique Workday configuration.
Frequently Asked Questions (FAQs):
We’re used to working with a workday tech team that also partners with external workday consultants. Who maintains Pequity?
Pequity offers white glove onboarding, implementation, training, and ongoing support as part of the base offering - taking the load off of your team. Pequity staffs compensation experts to help translate your unique complexities into the Pequity platform.
Who makes changes? What is required of the team lift-wise for implementing?
Pequity’s implementation team collaborates with your POC to configure the comp cycle setup, and load the necessary data. The only lift on your team is to give feedback on the configuration, test [if necessary], and provide the employee data (whether it be via integration or manually).
What happens if a change needs to happen mid-cycle? Do you need to freeze?
Knowing how quickly comp teams need to respond mid-cycle, your team administrators can update, delete and/override any data or logic mid-cycle. For larger, more complex changes, Pequity’s support team will respond quickly to make it happen quickly. You do not need to freeze or pause the cycle in Pequity - since updates to employee data in Workday is only reflected in Pequity at company discretion/request.
How are managers trained?
Though Pequity’s platform is intuitive enough not to need formal manager training, Pequity offers white glove training to managers to get acquainted with their new and improved planning experience.
How does the integration with Workday work?
- Pequity pulls the latest employee census data from Workday leading up to a compensation cycle
- Employee data is kept up-to-date at company discretion (pre and mid cycle)
- Upon cycle completion, Pequity exports a report configured to seamlessly load into Workday for reporting purposes
How does Pequity keep our compensation data secure?
Your data is safe with Pequity. Pequity boasts industry-leading data security and compliance practices including SOC2 Type 2, GDPR, SSO, MFA, and continuous security monitoring. Pequity’s platform locks down data, so you know your sensitive compensation information is not floating around the internet, or falling into the wrong hands.
Can the employee portal be hyperlinked into Workday?
A generic Pequity app link can be added to every employee’s Workday profile, where they can log in to access their employee portals.
Ready to integrate Workday with Pequity? Get started here.