The Deseret News reports the facility is expected to add 500 new employees over the 15-year lifetime of the project.
The Pleasanton, Calif., company, which provides remote storage applications for human resources and finance, has more than 1,500 employees worldwide.
State officials say all 500 new positions will pay a minimum of 125 percent of Salt Lake County's average yearly wage including benefits, totaling more than $719 million.
Workday will also pay over $54 million in new state taxes over the life of the agreement.
Information from: Deseret News
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