What is Workday HCM?

• Workday HCM (Human Capital Management) is a cloud-based software suite designed to manage all aspects of the employee lifecycle. This includes functions like:
• Recruitment and onboarding
• Payroll and benefits administration
• Time and attendance tracking
• Performance management
• Learning and development
• Talent planning

How ERM Might Use Workday HCM

ERM, as a large global consultancy focused on sustainability, likely uses Workday HCM to streamline and manage its HR processes across many countries and locations. Here’s how they might use specific modules:

• Recruitment:
• Attract and hire top talent in the sustainability sector.
• Manage job postings, applications, and the interview process all within Workday.
• Onboarding:
• Provide new hires with a smooth and organized introduction to the company.
• Automate paperwork and task assignments for efficient onboarding.
• Core HR:
• Maintain accurate employee records, both personal and professional.
• Manage organizational structures and reporting lines.
• Compensation & Benefits:
• Manage complex salary structures and benefits packages, potentially varying by country.
• Offer employee self-service portals for accessing benefits information.
• Time Tracking:
• Track project-based work hours and attendance, especially relevant for consultants.
• Performance Management:
• Set goals, track progress, and conduct performance reviews
• Facilitate continuous feedback for employees.
• Learning & Development:
• Provide professional development opportunities related to sustainability.
• Offer online training courses and track employee progress.

Benefits of using Workday HCM for ERM

• Centralized HR data: Consolidates data on their global workforce, offering better insights.
• Scalability: Can easily adapt as ERM grows or changes its operations.
• Compliance: Helps ensure compliance with various labor and employment regulations across multiple countries.
• Enhanced employee experience: Provides employees with self-service tools and a user-friendly interface.
• Data-Driven Decision Making: Workday analytics can help with things like workforce planning and identifying high potential employees.