What is Workday HCM Configuration?

• Workday HCM (Human Capital Management) configuration refers to the process of tailoring Workday’s powerful software to align with your organization’s specific needs, policies, and HR processes.
• It’s done primarily through a flexible structure called Business Process Frameworks (BPFs).

Key Areas of Configuration

1. Organizational Structure:
1. Define your company’s hierarchy including departments, locations (cost centers), job profiles, supervisory organizations, and how they are interlinked.
2. Establish reporting lines and approval chains.
2. Security:
1. Determine user roles, what data and processes each role can access, and the level of permissions (view, edit, etc.).
2. Implement security policies to safeguard sensitive employee information.
3. Business Processes:
1. Design and configure workflows for essential HR processes such as:
1. Hiring and onboarding
2. Terminations
3. Performance management
4. Compensation changes
5. Benefits Administration
6. Time tracking and absence management
7. Payroll
4. Data Management:
1. Set up data fields to collect and store relevant employee information.
2. Create custom fields where necessary.
5. Reporting and Analytics
1. Build custom reports and dashboards to gain insights into workforce data.
2. Utilize pre-built Workday analytics tools.