Modules in Workday HCM


Modules in Workday HCM

Core HCM

  1. Human Resource Management (HRM): This is the foundational module. It acts as a central database for all employee information, including:
    1. Personal information (names, address, contact details)
    2. Job and compensation history
    3. Organizational structure and reporting relationships
    4. Company-specific data tailored to your organization’s needs

Talent Management

  1. Recruiting: Attracts and manages talent by:
    1. Creating and posting job requisitions
    2. Managing candidate pools and applications
    3. Facilitating the interview process
    4. Extending job offers and onboarding new hires
  2. Performance Management: Promotes employee development:
    1. Setting goals and expectations
    2. Ongoing feedback and coaching
    3. Formal performance reviews
  3. Learning: Enables training and skill development:
    1. Course catalogs and enrollment
    2. Tracking training completion
    3. Creating custom learning content
  4. Compensation: Manages salaries, bonuses, and equity-based awards:
    1. Salary structure design
    2. Merit increase cycles and bonus calculations
    3. Job leveling and compensation benchmarking


  1. Benefits Administration: Manage various benefits plans:
    1. Health insurance (medical, dental, vision)
    2. Retirement savings plans (401k, pensions, etc.)
    3. Life insurance, disability insurance, and other benefits
    4. Flexible spending accounts


  1. Payroll Solutions: Automates pay calculations and tax filings:
    1. Handles gross-to-net calculations
    2. Manages deductions and tax compliance
    3. Integration with external payroll providers if needed

Time Tracking

  1. Time Tracking: Records employee work hours, attendance, and time-off:
    1. Tracks regular hours, overtime, and paid time off (vacation, sick leave, etc.)
    2. Manages shift schedules and approvals

Advanced Modules

  1. Workforce Planning and Analytics: Provides data-driven insights into HR trends, workforce composition, turnover, and other key metrics.
  2. Big Data Analytics: Powerful analytics engine that can combine Workday data with external sources for broader insights.

Important Notes

  1. Modular System: Workday’s flexibility comes from its modular approach. You can choose the modules that best fit your organization’s needs, building a custom HCM system.
  2. Continuous Updates: Workday regularly releases new features and updates to existing modules.
  3. Implementation and Customization: Successful Workday implementation usually involves working with a certified Workday partner to customize the setup and workflows for your organization’s specific needs.
You can find more information about  Workday HCM in this  Workday HCM Link



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