other material
confidence high
sentiment neutral
materiality 0.25
Workday adopts Omnibus Bonus Plan to motivate and reward employees
Workday, Inc.
- Plan adopted March 3, 2023 by Compensation Committee; effective immediately.
- Authorizes cash or equity awards based on performance goals (e.g., revenue, earnings, stock price).
- Eligibility: regular employees of Workday or subsidiaries; excludes contractors and temporary workers.
- Committee may adjust awards up or down based on company/individual performance.
- Awards subject to clawback policy and compliance with Section 409A.