Core HR Management

• Organization Management: Streamline the creation of your organizational structure (departments, roles, job profiles, cost centers, etc.). Workday’s flexibility allows you to model these structures to mirror your unique business needs.
• Human Resources Information System (HRIS): Centralize and consolidate all employee data (hire dates, compensation, personal information, demographics) for easy, secure access and reporting.
• Business Process Management: Create and automate standardized workflows for tasks like onboarding, job changes, and offboarding. Workday’s configurable workflows ensure compliance and consistency.

Talent Management

• Recruiting: Manage job requisitions and the full hiring process, from candidate sourcing, applicant tracking, to offer letters and onboarding. This streamlines finding and securing top talent
• Performance Management: Set clear goals, align them with company objectives, and enable continuous feedback and coaching for employee development. This helps track performance and foster growth.
• Succession Planning: Identify potential successors for key roles and map out development plans to ensure leadership continuity. This proactively works to prevent talent gaps.
• Compensation Management: Design and manage pay packages, bonuses, and stock-based awards. Includes tools to ensure internal equity and fair compensation modeling.

Time, Absence, and Payroll

• Time Tracking: Capture employee work hours with diverse options (timesheets, time clocks, mobile app). This enables accurate timekeeping and feeds into payroll calculations.
• Global Absence Management: Manage employee leave according to region-specific policies and regulations ensuring compliance and accurate accruals.
• Payroll Integration: Seamless connections between time, attendance, and payroll calculations reduce errors and increase efficiency. (Note: Workday’s payroll solution is currently focused on the US, Canada, France, and the UK).

Benefits

• Benefits Administration: Design and manage comprehensive benefit plans, including health, dental, retirement, and other perks. Employees can use self-service tools to manage their choices. This streamlines benefits enrollment and plan administration.
• ACA (Affordable Care Act) Management: (US-specific) Ensure compliance with the ACA through reporting, tracking, and management tools, minimizing administrative burdens and potential risks.

Reporting and Analytics

• Workforce Data & Insights: Customizable reports and dashboards provide visibility into headcount, demographics, turnover, compensation trends, and more. This empowers data-driven decision-making.
• Skills-based Analysis: Workday Skills Cloud uses machine learning to create a skills graph, aiding in identifying skills gaps within the organization and informing training or recruitment strategies.

Other Notable Use Cases

• Learning Management: Deliver and track employee training programs and professional development, ensuring employees have the skills needed for success.
• Employee & Manager Self-Service: Empower employees and managers to manage their data, request time off, and perform numerous essential HR tasks without the need for constant HR hand-holding.
• Case Management: Streamline employee inquiries and HR cases, efficiently resolving issues through self-service options or by routing matters to the appropriate HR personnel.

Why Consider Workday HCM

• Cloud-based: Eliminates on-premise software maintenance. System is accessible from anywhere.
• Unified Data Model: Data across Workday’s modules is consistent, offering a single source of truth for reporting.
• User-friendly Interface: Workday places a strong emphasis on user experience.
• Regular Updates: Frequent system improvements roll out without downtime for customers.