Workday HCM Dashboard
What are Workday HCM Dashboards?
- Workday HCM dashboards are visual interfaces within the Workday system that offer consolidated views of important HR metrics and data.
- They are designed to deliver actionable insights to HR professionals, managers, and executives for better workforce and business decision-making.
Key Features of Workday HCM Dashboards
- Pre-Built Dashboards: Workday provides numerous pre-built dashboards for common use cases such as:
- Headcount and turnover analysis
- Diversity and inclusion metrics
- Compensation trends
- Performance management
- Customization: Dashboards can be easily customized with various features like:
- Rearranging and adding/removing worklets (the blocks containing charts, reports, and data)
- Creating new charts and visualizations
- Filtering data for specific departments, locations, etc.
- Drill-Down Functionality: You can drill down from summary-level views into more detailed reports or granular data.
- Security and Access Controls: Workday dashboards can be configured with specific permissions to manage who can see certain data.
Why Use Workday HCM Dashboards
- Real-time Insights: Dashboards provide up-to-date HR information without needing to manually run separate reports.
- Improve Decision Making: The visual nature of dashboards makes complex HR data easier to understand, supporting strategic planning.
- Trend Spotting: Easily spot workforce movement over time to address issues proactively.
- Increase Efficiency: Dashboards consolidate information, saving HR teams from switching between various reports for analysis.
Examples of Useful HCM Dashboard Metrics
- Headcount by department, location, job level, etc.
- Turnover rates (overall and within specific groups)
- Time to fill and hiring trends
- Compensation and benefits data
- Diversity and inclusion representation
- Performance review trends
- Training and development participation
Best Practices for Workday HCM Dashboards
- Purpose and Audience: Define the intended goals and users of the dashboard before designing it.
- Keep it Simple: Avoid clutter and focus on highlighting the most important metrics.
- Use Clear Labels and Visuals: Make charts and graphs easy to understand and interpret.
- Provide Context Help users interpret the data (e.g., by comparing to benchmarks).
- Seek Feedback: Get input from users on what other metrics or views they would find valuable.
How to Build an Effective HCM Dashboard
- Identify KPIs: Determine the key performance indicators related to your HR goals and strategies.
- Choose Worklets and Reports: Select pre-built elements or create custom reports in Workday that provide the desired data.
- Design the Layout: Arrange the worklets visually and consider using themes for consistency.
- Set up Security: Ensure appropriate security settings and access permissions are in place.
- Test and Monitor: Check the dashboard for accuracy and functionality, regularly updating it based on feedback and evolving needs.
Conclusion:
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You can check out our other latest blogs on Workday HCM here – Workday HCM Blogs
You can check out our Best In Class Workday HCM Details here – Workday HCM Training
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