Rain Named Workday Services Partner
Workday, Inc. - Class A (WDAY)
Last workday, inc. - class a earnings: 2/27 04:01 pm
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US:NYSE Investor Relations:
workday.com/en-us/company/investor-relations.html
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Rain, an employer-sponsored platform providing earned wage access (EWA) and other financial wellness services, today announced a signed partnership agreement with Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money.Rain's EWA program allows employees to access a portion of their earned wages before their regular payday, providing them with financial flexibility and helping them avoid high-interest loans and overdraft fees.Employees who used Rain in 2023 are estimated to have saved a total of $51 million by avoiding overdraft fees and the interest associated with payday loans. Customers that offer EWA to their employees with Rain have seen up to 2x more job applications and have reported a 49% increase in retention after eight months on average.As inflation continues to have a significant effect on the economy, fewer middle-income households are confident about their ability to make payments
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WDAY
News
- Workday, Inc. (NASDAQ: WDAY) had its "outperform" rating re-affirmed by analysts at BMO Capital Markets. They now have a $300.00 price target on the stock.MarketBeat
- Workday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health BenefitsPR Newswire
- Workday and Its Partners Launch 12 New Industry Accelerators to Help Customers Meet Industry-Specific Needs FasterPR Newswire
- Workday Ventures' Latest AI Investments Fuel Innovation for Workday Customers and the IndustryPR Newswire
- Workday, Inc. (NASDAQ: WDAY) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $285.00 price target on the stock.MarketBeat
WDAY
Earnings
- 8/22/24 - Beat
WDAY
Sec Filings
- 9/18/24 - Form 144
- 9/18/24 - Form 4
- 9/16/24 - Form 144
- WDAY's page on the SEC website