I would rate the pricing a seven out of ten, one is low, and ten is high price. Workday is not that cheap. There are no additional costs to the standard license. 

I would rate the solution’s pricing a six out of ten.

The solution would be expensive for smaller organizations. 

I rate the product’s pricing a ten out of ten.

By and large, Workday is expensive. It is based on the headcount. I'd probably rate it a three or four out of five in terms of pricing. It'd be like buying a Mercedes or a high-end car. It's expensive, but there's a specific value that you're getting with additional features and things of that nature. Using that metaphor, Workday probably tends to be more of a luxury. There are others like ADP that can do your payroll, your time off, and other things, but they don't do it as well.

It is based on the headcount, and it is based on the number of modules you license. HCM is a module. Payroll is another module, and Benefits is also a module. Each module you choose is going to be an additional cost. In addition, you're also going to have costs associated with test environments. Workday, by default, is going to give you production and a sandbox environment with your license. They're also going to give you a preview environment of what's being released, but if you want additional test environments, there is a license cost.

You have the license fee per module, and then you have a kind of annual training fee, which is a kind of add-on. I wouldn't say it is exhaustive; it is minor. Licensing is pretty transparent for most of the part.

It has an annual subscription rate, but I'm not sure how it will work.

Licensing costs are tiered. When you add different modules, it adds to your cost. For example, you can pay for Payroll functionality or you pay for the Benefits module. The more pieces you add, the more you pay.

I can't say what a particular company may value or see as a true return on investment. I would say that it is expensive — it is the most expensive one out there. In my opinion, you would get a clear return on investment. Different businesses would account for that in different ways.

The solution is pricey. However, the cost of implementation is probably half of what I have been used to in my 20 years of doing this project work. The cost has come down, which they do to be more competitive, obviously. 

I found the opportunity with their technicians to do it almost an about-face between public and private websites in the cloud I just found that amazing. It was almost like it predicted what's going to happen. Of course, the project started a good six months before COVID actually hit, however, it was impressive, they were ready to handle their client's needs well before their clients knew they'd need it.

Its price is pretty high. It is more expensive than what is offered by other competitors in the market.

I need to pay for a license. It is expensive.

Workday is an expensive solution.

Workday is moderately priced - I'd rate its pricing three out of five.

Implement what you need, purchase what you need as you need it.

When we priced out this system, it was one of the most expensive solutions when compared straight up with other HCM replacements. The trick is in seeing its total cost now and going forward in comparison to everything else. Between risk reduction, audit reduction and knowing that in many ways we can stop thinking about HR as an issue to solve, we have seen great value. The answer lies in how you want to structure the TCO over ROI.

It is on a yearly basis.

Licensing fees are paid on a yearly basis. The pricing is good from an HR perspective, although management gets upset after spending $500,000 a year, every year. As the cost continues, you get a little pushback from finance. It is not a cheap solution.

There is an additional hourly charge for support once you are finished with the credits that are included.

With a bigger budget, I would recommend SAP.

It's good and fair with the modules it offers.

I was completely satisfied with the technical support. There are no bugs or performance issues.

The pricing for this solution is fairly high. It is not affordable for small and mid-sized companies.