The cloud-based human resources (HR) software market is growing rapidly. This is due in part to the increasing popularity of Software-as-a-Service (SaaS) applications, which allow users to access and use software applications remotely, via the internet. The global cloud-based HR software market is expected to reach $11.8 billion by 2025, according to a report by MarketsandMarkets.

Personio

Personio is a cloud-based HR software solution that offers a comprehensive set of features for small and medium businesses. Personio's core features include applicant tracking, employee onboarding, performance reviews, time and attendance tracking, and payroll management. Personio also offers a suite of advanced features, such as talent management, succession planning, and gender pay gap reporting.

Personio's Key Features

• Applicant Tracking: Personio's applicant tracking system (ATS) allows users to post job openings, track applicants, and manage the hiring process. Personio's ATS also integrates with leading job boards, such as Indeed and Glassdoor, making it easy to post and manage job postings.
• Employee Onboarding: Personio's employee onboarding module streamlines the onboarding process for new hires. The module includes a customizable onboarding checklist, which can be used to track the progress of new hires and ensure that all onboarding tasks are completed.
• Performance Reviews: Personio's performance review module allows users to manage the performance review process, from setting goals to conducting reviews. Personio's performance review module also includes a 360-degree feedback tool, which allows employees to solicit feedback from their peers.
• Time and Attendance Tracking: Personio's time and attendance tracking module allows users to track employee time and attendance. The module includes features such as leave management, shift planning, and time off requests.
• Payroll Management: Personio's payroll management module allows users to manage payroll and compliance. The module includes features such as tax management, direct deposit, and garnishment processing.

Personio's Advanced Features

• Talent Management: Personio's talent management module allows users to identify and develop talent within their organization. The module includes features such as skills assessments, succession planning, and training and development.
• Succession Planning: Personio's succession planning module allows users to identify and develop talent within their organization. The module includes features such as skills assessments, succession planning, and training and development.
• Gender Pay Gap Reporting: Personio's gender pay gap reporting module allows users to track and report on the gender pay gap within their organization. The module includes features such as salary history tracking, job classification analysis, and pay equity analysis.

Workday

Workday is a cloud-based HR software solution that offers a comprehensive set of features for large enterprises. Workday's core features include applicant tracking, employee onboarding, performance reviews, time and attendance tracking, and payroll management. Workday also offers a suite of advanced features, such as talent management, succession planning, and gender pay gap reporting.

Workday's Key Features

• Applicant Tracking: Workday's applicant tracking system (ATS) allows users to post job openings, track applicants, and manage the hiring process. Workday's ATS also integrates with leading job boards, such as Indeed and Glassdoor, making it easy to post and manage job postings.
• Employee Onboarding: Workday's employee onboarding module streamlines the onboarding process for new hires. The module includes a customizable onboarding checklist, which can be used to track the progress of new hires and ensure that all onboarding tasks are completed.
• Performance Reviews: Workday's performance review module allows users to manage the performance review process, from setting goals to conducting reviews. Workday's performance review module also includes a 360-degree feedback tool, which allows employees to solicit feedback from their peers.
• Time and Attendance Tracking: Workday's time and attendance tracking module allows users to track employee time and attendance. The module includes features such as leave management, shift planning, and time off requests.
• Payroll Management: Workday's payroll management module allows users to manage payroll and compliance. The module includes features such as tax management, direct deposit, and garnishment processing.

Workday's Advanced Features

• Talent Management: Workday's talent management module allows users to identify and develop talent within their organization. The module includes features such as skills assessments, succession planning, and training and development.
• Succession Planning: Workday's succession planning module allows users to identify and develop talent within their organization. The module includes features such as skills assessments, succession planning, and training and development.
• Gender Pay Gap Reporting: Workday's gender pay gap reporting module allows users to track and report on the gender pay gap within their organization. The module includes features such as salary history tracking, job classification analysis, and pay equity analysis.

Personio vs Workday: Which is Best for Your Business?

When it comes to choosing the right HR software for your business, there are a number of factors to consider. Personio and Workday are both leading providers of cloud-based HR software solutions. Both Personio and Workday offer a comprehensive set of features, including applicant tracking, employee onboarding, performance reviews, time and attendance tracking, and payroll management. However, there are some key differences between the two solutions.

Pricing

One of the key differences between Personio and Workday is pricing. Personio offers a subscription-based pricing model, with plans starting at $99 per month. Workday offers a subscription-based pricing model, with plans starting at $149 per month.

Deployment

Another key difference between Personio and Workday is deployment. Personio offers both cloud-based and on-premise deployment options. Workday offers only cloud-based deployment.

Supported Countries

Personio is available in the following countries: Austria, Germany, Spain, United Kingdom, and United States. Workday is available in the following countries: Australia, Canada, France, Germany, Ireland, Singapore, United Kingdom, and United States.

Bottom Line

Personio and Workday are both leading providers of cloud-based HR software solutions. Both Personio and Workday offer a comprehensive set of features, including applicant tracking, employee onboarding, performance reviews, time and attendance tracking, and payroll management. However, there are some key differences between the two solutions. Personio offers a subscription-based pricing model, with plans starting at $99 per month. Workday offers a subscription-based pricing model, with plans starting at $149 per month. Personio offers both cloud-based and on-premise deployment options. Workday offers only cloud-based deployment. Personio is available in the following countries: Austria, Germany, Spain, United Kingdom, and United States. Workday is available in the following countries: Australia, Canada, France, Germany, Ireland, Singapore, United Kingdom, and United States.