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Workday and Perpetual

Perpetual is one of Australia’s largest wealth managers; an expert financial adviser to high net-worth individuals, families, and businesses; and a market-leading provider of trustee services to the securitization and managed fund industries. Perpetual has 3 distinctive businesses—private wealth management, asset management, and corporate trustee—and more than 1,200 people in Australia, Singapore, Hong Kong, the UK, the U.S., and Europe.

Workday was front and centre to our thinking as we looked to create a global HR model.

Executive General Manager, People and Culture

OVERVIEW
Challenges

 

  • Outdated legacy people systems weren’t fit for purpose
  • Unreliable data quality
  • Lack of reporting capabilities required by the organization
  • Significant and labor-intensive manual workarounds
  • Inability to track history and trends in variable pay

 

Results
  • Globalized HR model
  • Supports acquisition integration
  • Single source of truth
  • Data insights on a global scale
  • Sophisticated board-level reporting
  • Exponential improvement in employee experience
  • Streamlined and automated processes
  • Single portal to manage team and self
  • Ability to track variable and fixed compensation relative to profitability