workday human capital management

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Workday Human Capital Management Workday Human Capital Management (HCM) is a configurable Software- as-a-Service (SaaS) solution designed to help you organize, staff, pay, and develop your global workforce. Workday offers a unified Human Resources and Talent Management Solution that can give you unprecedented insight into the capabilities, capacity, cost, and quality of your workforce. Global Human Resource Management Workday HCM provides the core system-of-record you need to manage the full onboard-to-retire process for both employees and contingent workers in an increasingly global environment. With Workday, you can easily adapt your business entities, workers, and HR processes to support your strategic objectives. Workforce Lifecycle Management: Manage Your Entire Global Workforce Workforce Lifecycle Management handles the worker lifecycle from hire to termination, providing a centralized and cohesive solution to managing your global workforce. With Workday, you can: Set headcount and staffing budgets for organizations and track hiring to budgets. Define the appropriate staffing model (position, headcount, or job management) for the entire company or individual business units. Establish security and business processes by region, division, or organization. Manage the movement of individuals or groups within an organization. Report on and drill into global positions, headcount, turnover, and other workforce demographics. Organization Management: Keep Pace With Change Organization Management enables you to accurately model organizational structures as well as provide analytics based on organizational dimensions. With Workday, you can: Assign workers to multiple organizational types, including departments, cost centers, business entities, regions, teams, matrix and custom organizations. Restructure organizations and reporting relationships as business needs change. View up-to-date graphical organizational charts for any organization. Key Features and Benefits • Leverage a unified Global Human Resources and Talent Management solution in a single system • Manage the full hire-to-retire lifecycle for employees • Account for and organize every worker around the world • Reflect your organizational structures accurately and reorganize easily • Compensate your workers consistently and fairly • Provide self-service tools that utilize a modern and simple user interface • Manage employee benefits enrollment and benefit change events • Align the workforce to your organization’s goals • Assess and optimize your workforce capabilities and allocation • Create and develop leadership pipelines • Enable employees to proactively inform their own career path

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Page 1: Workday Human Capital Management

Workday Human Capital ManagementWorkday Human Capital Management (HCM) is a configurable Software-

as-a-Service (SaaS) solution designed to help you organize, staff, pay, and

develop your global workforce. Workday offers a unified Human Resources

and Talent Management Solution that can give you unprecedented insight

into the capabilities, capacity, cost, and quality of your workforce.

Global Human Resource ManagementWorkday HCM provides the core system-of-record you need to manage

the full onboard-to-retire process for both employees and contingent

workers in an increasingly global environment. With Workday, you can

easily adapt your business entities, workers, and HR processes to support

your strategic objectives.

Workforce Lifecycle Management: Manage Your Entire Global Workforce

Workforce Lifecycle Management handles the worker lifecycle from hire

to termination, providing a centralized and cohesive solution to managing

your global workforce. With Workday, you can:

• Set headcount and staffing budgets for organizations and track

hiring to budgets.

• Define the appropriate staffing model (position, headcount, or job

management) for the entire company or individual business units.

• Establish security and business processes by region, division, or organization.

• Manage the movement of individuals or groups within an organization.

• Report on and drill into global positions, headcount, turnover, and

other workforce demographics.

Organization Management: Keep Pace With Change

Organization Management enables you to accurately model

organizational structures as well as provide analytics based

on organizational dimensions. With Workday, you can:

• Assign workers to multiple organizational types,

including departments, cost centers, business entities,

regions, teams, matrix and custom organizations.

• Restructure organizations and reporting relationships

as business needs change.

• View up-to-date graphical organizational charts for

any organization.

Key Features and Benefits

•LeverageaunifiedGlobalHuman

Resources and Talent Management

solution in a single system

•Managethefullhire-to-retirelifecycle

for employees

•Accountforandorganizeeveryworker

around the world

•Reflectyourorganizationalstructures

accurately and reorganize easily

•Compensateyourworkersconsistently

and fairly

•Provideself-servicetoolsthatutilizea

modern and simple user interface

•Manageemployeebenefitsenrollment

and benefit change events

•Aligntheworkforcetoyour

organization’s goals

•Assessandoptimizeyourworkforce

capabilities and allocation

•Createanddevelopleadershippipelines

•Enableemployeestoproactivelyinform

their own career path

Page 2: Workday Human Capital Management

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 fair and consistent

compensation practices, and reward performance

fairly and consistently. With Workday Compensation

Management, you can:

• Define 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, performance goals, or top-down funding.

• Motivate and reward individual, team, and

business performance.

• Drill into performance-based pay results to ensure

top performers are appropriately compensated.

Absence Management: Manage Time Off

Workday Absence Management enables you to create and

manage both accrued time-off and leave-of-absence plans

that fit with the organization goals and compensation

philosophies. With Workday Absence Management, you can:

• Establish eligibility criteria for different groups and

organizations for different time-off or leave benefits.

• Configure business processes and rules for

approving and routing time-off requests.

• Provideanintuitiveuserexperienceforemployees

to request time off or check time-off balances.

• Maintain consistency of accrual calculations between

WorkdayAbsenceandWorkdayPayrollManagement.

Employee Benefits Administration: Benefits That Fit Your Unique Organization

Workday Employee Benefits gives you the tools to define,

manage, and adjust benefits plans to meet your unique business

requirements. With Workday Employee Benefits, you can:

• Offer employees a full spectrum of benefits

coverage, including health, retirement, insurance,

andflexoptions.

• Define benefit eligibility rules for specific benefit options.

• Manage benefit elections through open enrollment

and benefit change events.

• Analyze benefit plans, costs, and enrollment.

Workday also offers Cloud Connect for Benefits, which

provides a catalog of pre-built integrations that connect to

benefits providers, giving Human Resource organizations

the ability to evaluate, select, and offer the most

appropriate plans for your workforce. With Cloud Connect

for Benefits, you can:

• Simplify the integration process to popular

benefits providers.

• Select from a wide catalog of providers across

all benefit types.

• Rely on Workday to maintain working connections

to included providers.

• Redeploy IT to focus on more strategic activities

rather than benefits integrations.

Page 3: Workday Human Capital Management

Global Talent ManagementWorkday Talent Management delivers the tools you need

to anticipate and respond to the developmental needs of

your organization, provide decision-makers with timely and

accurate workforce information, align work with strategic

business goals, and optimize deployment of talent.

Goal Management: Align, Engage, Focus

WorkdayGoalManagementhelpsyoudefinemeaningful

goals that align work with business objectives. It also

helps engage the workforce by providing insight into how

performanceandrewardsarelinked.WithWorkdayGoal

Management, you can:

• Establish goals for teams and individuals.

• Cascade company goals to maximize alignment

with business objectives.

• Create a clear line of sight between business

objectives and team or individual performance.

• Assess and track goal completion and performance

for a holistic picture of worker performance.

Performance Management: Evaluate, Develop, Optimize

WorkdayPerformanceManagementoffersaccurate,real-

time insight into the performance, skills, and development

needsofyourworkforce.WithWorkdayPerformance

Management, you can:

• Configure the performance process by role or

talent pool.

• Identify 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 feedback—any time.

Page 4: Workday Human Capital Management

Workday, Inc. | 6230 Stoneridge Mall Road | Pleasanton, CA 94588 | United States 1.925.951.9000 | 1.877.WORKDAY (1.877.967.5329) | Fax: 1.925.951.9001 | www.workday.com

© 2012. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. WDHCM-02152012

Succession Planning: Prepare Your Future Leaders

WorkdaySuccessionPlanninghelpsyoudevelopand

maintain succession pipelines for critical positions,

engage and develop high potentials, avoid critical

leadership gaps, and prepare the organization for future.

WithWorkdaySuccessionPlanning,youcan:

• Identify the best candidates for future leadership roles

based on potential, performance, and talent profile.

• Monitorsuccessorreadiness,flightrisk,andthe

overall health of the succession pipeline.

• Prepareanddevelopsuccessioncandidatesfor

their future 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:

• ContributetoyourTalentProfilebyindicatingkey

competencies, past experience, completed training,

and more.

• Collaboratively create competency-based

development 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.

• CreatePerformanceImprovementPlans(PIPs)or

initiate corrective actions for employees who have

performance gaps and need to improve.

• Request feedback on your development, or your

employee’s development, at any time from anyone

in the organization.

Workday Cloud Connect for HCMThe Cloud Connect for HCM provides packaged integrations

to partners who provide aligned services that work with

Workday Human Capital Management. With Cloud Connect

for HCM, you can provide all of the supplementary

services your organization needs to recruit talent and

synchronizeotherdirectorysystems.Partnersand

integrationscontinuetobeaddedregularly.Pleasecheck

with your salesperson to find out the latest list of partners.