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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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
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.
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