Case Study: TotallyMoney reduces employee turnover with Workday Peakon Employee Voice

TotallyMoney reduced employee turnover from 64% to 23%

TotallyMoney, a technology company offering finance tools like a free Live Credit Score & Report, faced high employee turnover and weak visibility into what was driving engagement issues. Using Workday Peakon Employee Voice from Workday Adaptive Planning, the company moved beyond an annual survey approach to gather continuous feedback and get a clearer picture of its culture and retention challenges.

Workday Adaptive Planning helped TotallyMoney identify problems in development opportunities and cross-team communication, leading to changes such as a centralized data science team, more open company-wide meetings, and a weekly internal newsletter. As a result, employee turnover dropped from 64% to 23%, average tenure increased from under two years to more than four, and the business reported stronger engagement and more cohesive teams.

TotallyMoney

Alastair Douglas

Chief Execuitve Officer