G2 reviewers report that Workday HCM excels in managing the full employee lifecycle, with users appreciating its ability to serve as a comprehensive system of record for employee data. The platform effectively supports core HR processes like job and organization management, compensation, and performance tracking, making it a robust choice for enterprises.
Users say that Payfactors stands out for its extensive access to industry job descriptions and salary data, which helps organizations benchmark positions effectively. Reviewers highlight the platform's outstanding customer service and the usefulness of its analysis and reporting tools, which are essential for making informed compensation decisions.
According to verified reviews, both products offer similar ease of use, but Payfactors has a slight edge in administrative tasks. Users find Payfactors' administrative features more intuitive, which can streamline daily operations and enhance user satisfaction.
Reviewers mention that Workday HCM's reporting capabilities are particularly strong, with many users noting the intuitive user interface and the effective-dated nature of the data as significant advantages. This makes it easier for organizations to generate insightful reports and track changes over time.
G2 reviewers highlight that while Workday HCM has a larger market presence, Payfactors is praised for its additional data sources, such as HRMA and Peer, which complement its offerings. This feature helps users adhere to best practices in market analyses, providing a more comprehensive view of compensation trends.
Users report that both platforms have their strengths, but Workday HCM's scalability and configuration capabilities are often noted as superior, especially for larger enterprises. However, some users express challenges with configuration, indicating that while it is powerful, it may require a steeper learning curve compared to Payfactors.
Pricing
Entry-Level Pricing
Payfactors
No pricing available
Workday HCM
No pricing available
Free Trial
Payfactors
No trial information available
Workday HCM
Free Trial is available
Ratings
Meets Requirements
8.5
497
8.5
1,159
Ease of Use
8.2
566
8.2
1,177
Ease of Setup
7.8
366
7.6
300
Ease of Admin
8.2
298
7.6
242
Quality of Support
8.8
480
8.1
902
Has the product been a good partner in doing business?
How frequently do you roll out new Payfactors product features?
2 Comments
EH
At Payfactors, we’re committed to making our platform the best it can possibly be — and one of the ways we do that is by getting to know our users and the...Read more
Does it include more than just salary?
2 Comments
EH
No matter the task you’re completing, Payfactors puts you back in control to think more strategically about compensation at your company.
We help you...Read more
How granular does your data get?
2 Comments
EH
Payfactors’ data is as granular as it gets.
In our database, we’ve got: 100 percent employer-reported, HRIS sourced data; nearly 6K unique benchmark jobs...Read more
Almost all of the Human Resource business use cases are available in Workday HCM and Payroll like Employee Profile, Goals and Performance Evaluation, Career,...Read more
Can you explain workday financial in more detail?
2 Comments
PS
Hi Harold, I'm Patrick, a research analyst with G2 covering the financial services space, and would be happy to help answer your question. Here is an...Read more
What is Workday HCM used for?
1 Comment
MA
Workday HCM is used to manage the full employee lifecycle in one integrated platform. It supports core HR functions such as maintaining employee records,...Read more
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