workday human capital management datasheet
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8/8/2019 Workday Human Capital Management Datasheet
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8/8/2019 Workday Human Capital Management Datasheet
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• View up-to-date graphical organizational charts or
any organization.
Compensation Management: Motivate, Reward, and Retain
Compensation Management allows you to design, manage,
and adjust compensation programs to meet your complex
global rewards requirements, ensure air and consistent
compensation practices, and reward perormance
airly and consistently. With Workday Compensation
Management, you can:
• Defne and manage global compensation plans,
including base pay, variable pay, equity, and
allowances.
• Roll out multi-plan, multi-target, and multi-
currency compensation processes to global teams.
• Set compensation budgets based on bottom-up
targets, perormance goals, or top-down unding.
• Motivate and reward individual, team, and business
perormance.
• Drill into perormance-based pay results to ensure
top perormers are appropriately compensated.
Absence Management: Manage Time O
Workday Absence Management enables you to create and
manage both accrued time-o and leave-o-absence plans
that ft with the organization goals and compensation
philosophies. With Workday Absence Management, you can:
• Establish eligibility criteria or dierent groups
and organizations or dierent time-o or leave
benefts.
• Confgure business processes and rules or
approving and routing time-o requests.
• Provideanintuitiveuserexperienceoremployees
to request time o or check time-o balances.
• Maintain consistency o accrual calculations between
WorkdayAbsenceandWorkdayPayrollManagement.
Employee Benefts Administration: Benefts That Fit
Your Unique Organization
Workday Employee Benefts gives you the tools to defne
manage, and adjust benefts plans to meet your unique
business requirements. With Workday Employee Benefts,
you can:
• Oer employees a ull spectrum o benefts
coverage, including health, retirement, insurance,
andexoptions.
• Defne beneft eligibility rules or specifc beneft
options.
• Manage beneft elections through open enrollment
and beneft change events.
• Analyze beneft plans, costs, and enrollment.
• Leverage the Workday Benefts Network, which
oers pre-built integrations to popular beneftproviders.
Workday also oers the Workday Benefts Network,
which provides a catalog o pre-built integrations that
connect to benefts providers, giving Human Resource
organizations the ability to evaluate, select, and oer the
most appropriate plans or your workorce. With Workday
Benefts Network, you can:
• Simpliy the integration process to popular benefts
providers.
• Select rom a wide catalog o providers across all
beneft types.
• Rely on Workday to maintain working connections
to included providers.
• Redeploy IT to ocus on more strategic activities
rather than benefts integrations.
8/8/2019 Workday Human Capital Management Datasheet
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Global Talent Management
Workday Talent Management delivers the tools you need
to anticipate and respond to the developmental needs o
your organization, provide decision-makers with timely and
accurate workorce inormation, align work with strategic
business goals, and optimize deployment o talent.
Goal Management: Align, Engage, Focus
WorkdayGoalManagementhelpsyoudefnemeaningul
goals that align work with business objectives. It also
helps engage the workorce by providing insight into how
perormanceandrewardsarelinked.WithWorkdayGoal
Management, you can:
• Establish goals or teams and individuals.
• Cascade company goals to maximize alignment
with business objectives.
• Create a clear line o sight between business
objectives and team or individual perormance.
• Assess and track goal completion and perormance
or a holistic picture o worker perormance.
Perormance Management: Evaluate, Develop, Optimize
WorkdayPerormanceManagementoersaccurate,real-
time insight into the perormance, skills, and developmen
needsoyourworkorce.WithWorkdayPerormance
Management, you can:
• Confgure the perormance process by role or
talent pool.
• Identiy and develop top talent across teams,
organizations, and borders.
• Include multiple reviewers in the review process.
• Assess and take action on development needs.
• Solicit or give eedback—any time.
Succession Planning: Prepare Your Future Leaders
WorkdaySuccessionPlanninghelpsyoudevelopand
maintain succession pipelines or critical positions,
engage and develop high potentials, avoid critical
leadership gaps, and prepare the organization or uture.
WithWorkdaySuccessionPlanning,youcan:
• Identiy the best candidates or uture leadership roles
based on potential, perormance, and talent profle.
8/8/2019 Workday Human Capital Management Datasheet
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Workday,Inc.|6230StoneridgeMallRoad|Pleasanton,CA94588|UnitedStates
1.925.951.9000|1.877.WORKDAY(1.877.967.5329)|Fax:1.925.951.9001|www.workday.com
© 2011. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks o Workday, Inc. All other brand and product names are trademark
or registered trademarks o their respective holders.
• Monitorsuccessorreadiness,ightrisk,andthe
overall health o the succession pipeline.
• Prepareanddevelopsuccessioncandidatesor
their uture roles.
• Build a strong leadership pipeline.
Career and Development Planning: Plan, Assess, Grow
WorkdayCareerandDevelopmentPlanningequipsyour
employees with engaging tools to grow their careers. With
WorkdayCareerandDevelopmentPlanning,youcan:
• ContributetoyourTalentProflebyindicatingkey
competencies, past experience, completed training,
and more.
• Collaboratively create competency-baseddevelopment plans with your manager to help you
reach your career goals.
• Ensure that high-potential employees, including
those on succession plans, are progressing through
their development plan.
• CreatePerormanceImprovementPlans(PIPs)or
initiate corrective actions or employees who have
perormance gaps and need to improve.
• Request eedback on your development, or your
employee’s development, at any time rom anyonein the organization.
Workday HCM Network
The Workday HCM Network provides packaged
integration to partners who provide aligned services
that work with Workday Human Capital Management.
With Workday HCM Network, you can provide all o
the supplementary services your organization needs to
recruit talent and synchronize other directory systems.
Partnersandintegrationscontinuetobeaddedregularly.
Pleasecheckwithyoursalespersontofndoutthelatest
list o partners.
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