March 16, 2020 / 12:41 PM / 13 days ago

BRIEF-On March 14, Workday Board Approved One-Time Cash Bonus Equivalent To Two-Weeks Pay For Each Active Employee Of Workday And Its Subsidiaries

March 16 (Reuters) - Workday Inc:

* WORKDAY - ON MARCH 14, 2020, BOARD APPROVED ONE-TIME CASH BONUS EQUIVALENT TO TWO-WEEKS PAY FOR EACH ACTIVE EMPLOYEE OF WORKDAY AND ITS SUBSIDIARIES

* WORKDAY SAYS BONUS IS EXPECTED TO ADD APPROXIMATELY $80 MILLION TO Q1 AND FULL YEAR FISCAL 2021 EXPENSES - SEC FILING

* WORKDAY - BONUS WILL BE PAID DURING FIRST FISCAL QUARTER ENDING APRIL 30, 2020

* WORKDAY - ONE-TIME CASH BONUS EXCLUDES THOSE SERVING AT LEVEL OF VICE PRESIDENT AND ABOVE AS WELL AS CERTAIN SENIOR INDIVIDUAL CONTRIBUTORS Source: (bit.ly/2vokjkn) Further company coverage:

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