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Magnit vs Workday Human Capital Management comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Magnit
Ranking in Cloud HCM
43rd
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
Workday Human Capital Manag...
Ranking in Cloud HCM
12th
Average Rating
8.8
Reviews Sentiment
6.4
Number of Reviews
7
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2025, in the Cloud HCM category, the mindshare of Magnit is 0.4%, up from 0.2% compared to the previous year. The mindshare of Workday Human Capital Management is 0.9%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Cloud HCM Market Share Distribution
ProductMarket Share (%)
Workday Human Capital Management0.9%
Magnit0.4%
Other98.7%
Cloud HCM
 

Featured Reviews

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ApoorvVerma - PeerSpot reviewer
Senior Lead - Portal Rewards at BrowserStack
Reports have become easier to access and compensation records are now handled more efficiently
The reports I can download with compensation details come in a very organized manner. I can record any future payments through the software, such as deferred cash bonuses that need to be paid one year later. These features are saved easily and my team can complete tasks in a hassle-free manner. Workday Human Capital Management has reduced administrative burdens and smoothed the process. I would rate it nine out of 10. You can easily record future payments or compensation changes that need to be made effective. The information about employee codes, variable compensation plans, and which variable compensation the employee receives gets captured in a very intuitive manner.
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879,310 professionals have used our research since 2012.
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business1
Midsize Enterprise1
Large Enterprise6
 

Questions from the Community

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What do you like most about Workday Human Capital Management?
The most valuable feature of the solution is that it is a cloud-based system and easy to use.
What needs improvement with Workday Human Capital Management?
I have not directly encountered issues in Workday Human Capital Management, but my manager mentioned that the compensation module is not dynamic enough or flexible enough to accommodate the complex...
What is your primary use case for Workday Human Capital Management?
My usual use cases for Workday Human Capital Management are that I am part of the total rewards team. My work cases involve viewing different employees' salary splits, compensation changes, when co...
 

Overview

Find out what your peers are saying about SAP, Workday, Oracle and others in Cloud HCM. Updated: November 2025.
879,310 professionals have used our research since 2012.