Case Study: TotallyMoney cuts recruitment costs and reduces attrition with Workday Peakon Employee Voice

TotallyMoney reduced employee turnover from 64% to 23%

TotallyMoney, a disruptive fintech company, faced fierce competition for talent and high employee turnover that drove up recruitment costs and reduced productivity. Annual surveys were not giving managers or employees a trustworthy view of the workplace, making it hard to address the real causes of attrition.

With Workday Peakon Employee Voice, Workday helped TotallyMoney gather continuous, reliable employee feedback and identify key engagement issues such as development and cross-team communication. By taking targeted action on those insights, TotallyMoney cut turnover from 64% to 23%, increased average tenure to four years, and strengthened its culture and hiring appeal.

TotallyMoney

Alastair Douglas

Chief Executive Officer