A skills-based approach to employment creates a more equitable job market for all. In this deck, learn how your organization can become a skills-based employer by posting positions that reflect the skills you need, selecting candidates based on their skills, and helping incumbent employees develop new skills. View related videos: Welcome to the Future of HCM https://www.youtube.com/watch?v=lpuYpJWD58k

1. February 23, 2021
Optimize Talent through
Skills-Based Employment

2. Optimize Talent through Skills-
Based Employment
Looking Forward with Workday is a webinar series designed to give you insight into
how your organization can do more with Workday.
This series shares the ways we support how you manage your people and your
business, with a focus on enabling an agile and digital enterprise. Customer stories,
product demonstrations, specific user cases, and solution roadmaps highlight how
Workday technology enables resilience as our customers respond to change.

3. Help Slides Media
Player
Resource
List
Q&A
Housekeeping Items
Speakers Survey
Housekeeping Items

4. This presentation may contain forward-looking statements for which there are risks, uncertainties, and
assumptions. If the risks materialize or assumptions prove incorrect, Workday’s business results and directions
could differ materially from results implied by the forward-looking statements. Forward-looking statements include
any statements regarding strategies or plans for future operations; any statements concerning new features,
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belief. Further information on risks that could affect Workday’s results is included in our filings with the Securities
and Exchange Commission which are available on the Workday investor relations
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Workday assumes no obligation for and does not intend to update any forward-looking statements. Any
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Workday’s discretion and may not be delivered as planned or at all.
Customers who purchase Workday, Inc. services should make their purchase decisions upon services, features,
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Safe Harbor Statement

5. Workday Confidential
Nancy Weitl
Senior Director, Technology
& Social Partnerships
Workday
Marieke Shukla
Principal Solution
Marketing Manager
Workday
Mary-Kate Morley Ryan
Principal Director,
Future Workforce Practice
Accenture
Stephanie Hinds
Principal Solution
Marketing Engineer
Workday

6. Agenda
Workday Confidential
01 The Shift to Skills-Based Employment
02 How Accenture is Helping Organizations Evolve
03 Reskill and Optimize Talent Solutions
04 Product Demonstration
05 Q&A

7. The Shift to Skills-Based Employment

8. Skills Challenge
Executives
said they were
experiencing
skills gap
Workers will
need reskilling
by 2030
375M
Source: McKinsey -
2017

9. Skills Challenge Accelerated
Of jobs will
required
different skills
in the next
three years
Workers will
need reskilling
by 2030
1B
Source: World Economic Forum
- 2020

10. Skills-Based Hiring Practices are
Shaping the Future of Work

11. Customer Participation in Coalitions

12. Recruiting Learning
How does Workday think about
Skills-Based Employment?
Skills based talent practices span the full worker lifecycle - from the job seeker
through internal mobility and employee development - focusing on the worker’s
skills and capabilities rather than their formal education, and/or number of years of
previous work experience.
Performance Enablement Career Development

13. Source: “Reach for the STARs: The Potential of America’s Untapped Talent Pool.” Published by Opportunity@Work and Accenture, March 2020
A skills-based approach to employment “creates
a more equitable job market that "screens in" for
skills rather than "screening out" those that lack
traditional credentials like four-year degrees, a
barrier which can disproportionately affect adults
returning to the workforce or changing jobs, people
of color or underrepresented minorities, veterans,
and the economically disadvantaged.”

14. Out of 161 million active adult workers in the
U.S., 60 million have BA degrees, and 14 million
do not have a high school diploma
60% of the U.S. adult workforce does not have a
four-year college degree
74% of new jobs between 2008-2017 were in
occupations where employers typically require a 4-
year college degree
Source: “Reach for the STARs: The Potential of America’s Untapped Talent Pool.” Published by Opportunity@Work and Accenture, March

15. Benefits of Skills-Based Practices
Focus on skills can
reduce bias and
result in 30% more
qualified diverse
candidates
Retain employees
with skills
development
20% of employees
quit for lack career
development
opportunities
Unlocks opportunity
for those without a
four-year degree
Increase
diversity in the
workplace
Deepen the
talent pool for
employers
Build a culture
of lifelong
learning
Support training
throughout a
worker’s career to
adapt to trends

16. Skills in the Talent Lifecycle
Workday Confidential
Recruit &
Onboard
Identify, source, fill,
and onboard the best
candidates for critical
skill needs
Assess &
Perform
Assess and measure
skills capabilities
against business needs
Reward & Pay
Reward and pay for
skills expertise and
upskilling behaviors,
supporting equitable
comp
Career &
Mobility
Build skills and a culture
of continuous learning,
internal mobility, and
increase retention
Resource &
Redeploy
Quickly identify,
schedule, and allocate
resources based on
skills needs
Analyze &
Plan
Analyze skills
capacity and gaps to
better plan for build,
buy, or borrow
decisions
Forecast &
Benchmark
View and predict market
trends in order to plan
for emerging skill needs

17. How Accenture is Helping
Customers Evolve

18. Copyright © 2021 Accenture. All rights reserved. 18
Over the
past 12
months
Compressed
Transformation
Humanity &
Inclusion
Rise of Resilience
WEF Consumer Industry
Task Force Pilot
Responsible Business
People + Work Connect
Care to Do Better
Looking at “Hidden Talent”
Employment Support
Copyright © 2021 Accenture. All rights reserved.18

19. Copyright © 2021 Accenture. All rights reserved. 19
19
Unlock Human Ingenuity
through Skills Driven people practices
Cost to hire talent an in-demand tech role can be upwards of 400%
higher than the average annual spend per employee on skilling2
1Honing your digital edge, Accenture, 2020. 2Why Competing For New Talent
Is a Mistake (hbr.org), 2020 3Care to do better, Accenture, 2020
Winning in
the future is
now about
"survival of
the fastest"
Digitally fluent companies who have workforces with strong digital
skills are over 5x more likely than peers to project high revenue
growth for the upcoming three years1
Companies that leave their people better off, which includes
feeling a strong sense of inclusion and belonging, can see modest
revenue growth of 5% (average company revenue in 2020 is
anticipated to decline by -4.7%)3
Accelerate Digital Transformation
Discover the skills needed inside and outside of your organization
Invest in Critical Talent Areas with Precision
Target the right skills, right roles, and the right learning at the right time
Shape an Inclusive Future of Work
Prioritize skills over pedigree and power innovation

20. Copyright © 2021 Accenture. All rights reserved. 20
TO BE SKILLS DRIVEN
How are talent processes
facilitating movement/
learning?
Process
How are skills insights and
plans to enable business
strategy?
HR Catalyst Technology
How is technology
configured to keep skills at
the core?
How are talent, learning,
D&I, total rewards
approaches fueling a skills-
based strategy?
Philosophy &
Mindset
Embed skills at every level

21. Copyright © 2021 Accenture. All rights reserved. 21
PERSPECTIVE
Where are you on
the skills journey?
Skills Exploration
Know this is the future and looking to
understand what next steps to take.
Skills Evolution
Ready to reset nearly all existing
policy, process & platform, to
incorporate skills in a cohesive
sequence of iterative improvement
and evolution
Skills Driven
Prepared to disrupt mindset, policy
and process and systemically embed
skills
21

22. Workday Confidential
Reskill and Optimize Talent Solution

23. Skills Cloud
Your foundation to succeed
• Intelligence to power skills
based matching
• 45,000 curated skills,
understanding over 250,000
synonyms
• Inference from text,
certifications, job titles and
skill to skill
• Globalized for top
languages
Skills:
Inference
Skills: Power
of One
Skills:
Verification
Skills:
Ontology

24. Skills Cloud
Your foundation to succeed
• Intelligence to power skills
based matching
• 45,000 curated skills,
understanding over 250,000
synonyms
• Inference from text,
certifications, job titles and
skill to skill
• Globalized for top
languages

25. Workday Confidential
Recruit &
Onboard
Identify, source, fill,
and onboard the best
candidates for critical
skill needs
Assess &
Perform
Assess and measure
skills capabilities
against business needs
Reward & Pay
Reward and pay for
skills expertise and
upskilling behaviors,
supporting equitable
comp
Career &
Mobility
Build skills and a culture
of continuous learning,
internal mobility, and
increase retention
Resource &
Redeploy
Quickly identify,
schedule, and allocate
resources based on
skills needs
Analyze &
Plan
Analyze skills
capacity and gaps to
better plan for build,
buy, or borrow
decisions
Forecast &
Benchmark
View and predict market
trends in order to plan
for emerging skill needs
Skills in the Talent Lifecycle

26. Have the insight to know the
skills and capabilities of your
workforce
Create a personalized and
curated experience for your
employees
Provide the tools to respond
with agility to changing
business needs
Reskill and Optimize Talent
Understand Engage Adapt

27. Workday Confidential
Recruit & Onboard
Skills Cloud to Understand
Assess & Perform Career & Mobility
Skills Miner
Skill Suggestions
Candidate
Skills Match
Masked Candidate
Screening
Skills Based
Assessments
People
Experience
Skills in Learning
Talent
Marketplace
Skill Miner
Skill Suggestions
Skill Verification
Skill Gaps
People
Experience
Skills
Endorsements
Skill Level
Skills in Learning
Skill Gaps
People
Experience
Critical Skills
Skill Level
Suggested Jobs
Skills in Learning
Talent
Marketplace
Career Hub
Skills Cloud to Understand, Engage
Skills Cloud to Understand, Engage and Adapt
Skills Cloud

28. DEMO

29. Core Human
Resources
Talent
Management
Payroll and Workforce
Management
Planning
Analytics and Benchmarking
Globalization
Ability to Adapt to Disruption
Redeploy and Realign Internal Talent
Mitigate Bias
Understanding the Skills and
Capabilities of Your Workforce
Fuel Development of Your People
Skills
Foundation
Enables
Outcomes

30. Additional Resources
Guidance, case studies, tools and tips to help
you adopt a more inclusive and effective
sourcing and hiring strategy including:
• Writing inclusive, skills-based job postings
• Sourcing a talented and diverse applicant pool
• Screening to identify most-qualified candidates
• Inclusive, skills-based interviewing and selection
to improve hiring and increase diversity
• Skills-based onboarding to get new hires up to
speed and started on the right foot
https://www.markle.org/employer-toolkit

31. Additional Resources
• Overview of Workday’s approach to skills-
based employment
• Includes key products, features and
benefits to navigate this business
transformation journey.
• Guidance to achieve business outcomes
including:
‒ Create engaging candidate experiences
‒ Reimagine sourcing to access diverse talent
‒ Screen to identify most qualified candidates
‒ Support internal mobility
‒ Foster lifelong learning

32. Q&A

33. Thank you for joining us!
Join us in these upcoming sessions:
Workday Confidential
February 25, 2021
Thursday 10 AM PT
Choose Your Own Upgrade:
Why You Don’t Want a Choice
for When You Upgrade
March 2, 2021
Tuesday 10 AM PT
How to Get “Rolling” with
Monthly Forecasts
March 4, 2021
Thursday 10 AM PT
Digitize Your Workforce
Operations for Accuracy,
Flexibility, and Transparency
March 9, 2021
Tuesday 10 AM PT
Accelerating your Digital Finance
Transformation Journey with
Deloitte & Workday
March 16, 2021
Tuesday 10 AM PT
Diversity & Inclusion: Manage
Globally, Thrive Locally
March 18, 2021
Thursday 10 AM PT
Why HR Service Delivery is
Pivotal for Employee Experience

34. Thank You

35. For a changing world.
TM