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Datasheet Workday Human Capital Management

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0% found this document useful (0 votes)
83 views5 pages

Datasheet Workday Human Capital Management

Data sheet for work day
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Datasheet

Workday Human Capital Management Key Benefits


• Get insights into the global workforce
Sweeping global changes are reshaping the workplace and
• Adapt quickly using key metrics
workforce – and work itself. Emphasis is shifting towards
• Engage employees
smarter decisions and employee engagement. And as
a result, it has become more important than ever for HR to Key Product Areas
• Human Resources Management
streamline processes, empower workers, collaborate across
• Organisation Management
the organisation and align teams with strategic business
• Business Process Management
initiatives.
• Reporting and Analytics
Organisations should be able to rely on their systems to guide them through • Employee and Manager Self-Service
these changes, but legacy on-premise systems are inflexible. Third-party • Contingent Labour Management
bolt-on solutions require complex and costly integrations while offering limited • Skills Cloud
functionality, and they require synchronisation of data across applications.
• Absence Management

Workday Human Capital Management (HCM) is fundamentally different. • Benefits Administration


Built as one system with a single source for data, single security model and • ACA Management
single user experience, it offers organisations a cloud-based system that • Compensation Management
evolves to meet changing business objectives in a changing world. • Talent Optimisation

The user-friendly global system also ensures that customers are always on – Performance Enablement
and Goal Management
the latest version with up-to-date capabilities, whether they’re on a browser
or a mobile device. – Career and Development Planning

– Talent Pipeline
Built for whatever comes next – Talent Marketplace
With a global and adaptable foundation, Workday HCM is designed to address
Workday Applications
the challenges you face today and prepare your business for whatever the
future brings. As industries, circumstances and requirements change, the Part of our human capital management
suite with other Workday products such
application evolves to help your organisation adapt.
as Workday Financial Management,
• A flexible framework enables you to organise your people by using Workday Payroll (for the US, Canada,
France and the UK), Workday Recruiting,
multidimensional criteria, so your finance and HR teams both get what
Workday Learning, Workday Adaptive
they need. Workers can be grouped logically by function or reporting Planning and Workday Peakon
hierarchy and organised to align with financial structures such as Employee Voice.
division, cost centre or geography. And, with the org studio interface,
you can plan and stage your reorganisations collaboratively before
committing to and executing seamlessly with mass actions.

• The business process framework enables you to easily configure,


copy and change process flows, consider conditional logic or embed
information throughout the process. All of this happens without IT
or consulting resources so you don’t have to deal with the delays and
costs typical of process changes. Configurable condition logic makes
it easy to scale processes to a global level while adapting them to local
requirements.
• An innovative security methodology is a core part of what makes
Workday HCM flexible and easy to use. Secure data rather than fields.
Set up security once, and it governs the data across all of Workday
HCM, no matter how it’s accessed – via browser or mobile app.

• Reporting and analytics are native to Workday HCM and inherit the
security configurations you set up for data. Reports, dashboards and
scorecards are easy to configure, change, update and publish. And
because transactional and analytical data are in the same system, you
can drill into data and take action on it from anywhere within Workday
HCM. Removing the separation between transactions and analytics
means you can manage your organisation fluidly in real time and with
full confidence in data integrity.

• A mobile-first design fosters straightforward, relevant interaction to


meet workers where they are. A single application provides access to
all of Workday HCM. It’s always in sync, so changes made on the mobile
app instantly appear in the browser version and vice versa, making it
possible to fluidly move between mobile and desktop.

• Proactive compliance management combined with the single system


of record means that all compliance-related updates are rolled out
to customers at the same time and maintained by a team of Workday
experts.

• Machine learning capabilities are delivered as a part of the Workday


foundation, providing personalised enterprise experiences and enabling
smarter and faster business decisions for all.

• Skills cloud offers a business-centric approach to skills management


with a skills count and an ontology of more than 55,000 skills, giving
workers an enhanced search experience to streamline skills reporting.
Organisations armed with analytics and insights can highlight top
skills, perform gap analysis and empower leaders to help develop
internal talent or focus recruitment efforts externally. Skills cloud
is the foundation for much of the machine-learning-driven functionality
in Workday HCM, including functionality that helps identify workers
with the skills needed for internal opportunities that enable businesses
to efficiently meet resource needs.

Manage a global workforce


Focusing on a singular model of people, organisations, assignments and
business events, Workday ensures global consistency while allowing for
local variation. With this global perspective, Workday can provide meaningful
business insights across borders and business processes.

Operate locally, manage globally. Workday provides tools that help customers
comply with the General Data Protection Regulation (GDPR) and include
a robust configurable security model. Processes such as contracts and offers,
collective agreements and apprentice management are all delivered as native
functionality. Workday even provides a delivered intersection point with works
councils for appropriate staffing events (termination, job change and so on),
as well as a user role for recruiting agencies that are heavily used outside of
North America.

Workday Human Capital Management | 2


Get a complete view of your global workforce. Employee profile support
for more than 200 countries, territories and regions incorporates country-
specific diversity and compliance-related features and enables you to track
appropriate data locally or globally.

Manage all worker types. Workday makes it easy to manage workers of all
levels across the organisation, including contingent workers, employees,
contractors and retirees.

People at the centre


Workday HCM is intuitive and easy to use. Processes flow throughout your
organisation so each person involved has access to just the right information
and actions. For example, the compensation change process was designed for
every person involved – from strategy to approvals and transactions – rather
than just focusing on the compensation administrator. Machine learning
capabilities provide a personalised experience for all workers by providing
recommendations, surfacing the most relevant tasks, providing search
results and more. Whether you are an employee, a contractor, a manager,
an executive, a board member, a business partner, a system administrator,
a recruiting agency, an applicant, a retiree or even an auditor, Workday was
built for you.

Elevate human resources


Too often, HR departments get bogged down with administrative tasks and
transactions. With Workday HCM, you can focus on the things that matter:
talent strategy, employee experience and long-term growth. It delivers
information and transaction flexibility to your employees, managers and
executives, and provides you with the infrastructure to improve your
organisation’s effectiveness and efficiency.

• Configurable business processes enable the HR team to maintain


global consistency while supporting local differences.

• Rich analytics provide comprehensive talent insights to drive coaching


and decision-making.

• A single application for administration, talent, learning, recruiting,


payroll and more delivers unprecedented visibility, transactional
simplicity and the ability to connect data across functions.

• Embedded analytics incorporate relevant information directly into


the transaction process, enabling fact-based decisions across the
organisation.

• Complete visibility into the skills and capabilities of your current


workforce makes it easy to source internal talent and develop
employee skills.

• Having all employee information in a single system makes it easy


to plan for talent, whether it’s building talent pools, calibrating talent
or monitoring the talent pipeline for succession locally or globally.

Workday Human Capital Management | 3


Engage your employees
For workers, managing HR transactions such as benefits enrolment, expense
reports, PTO and payroll is just the beginning. Workday HCM empowers
employees to tap into opportunities to grow within their organisation, which
drives employee satisfaction and retention. Personal and professional
growth comes through the ability for employees to get feedback at any time,
understand opportunities, seek mentors and guidance, learn freely and
develop the skills they need in order to take their career in any direction.
With Workday HCM, employees engage in a continuous and meaningful
development experience throughout the entire employee lifecycle – from
onboarding to job changes, development opportunities and promotions –
all from their desktop or mobile device.

• An intuitive mobile app enables employees to access information and


learning resources or conduct HR transactions anytime, anywhere.

• Employees can quickly share skills and feedback with co-workers or


find colleagues with specific expertise.

• Innovative capabilities such as the opportunity graph enable employees


to explore potential career moves and connect with mentors.

• Surveys offer critical data to employees for opportunities to deepen


engagement.

Empower your managers


Workday HCM provides the insights, planning, transactions, coaching and
development that managers need in order to effectively lead their teams.
Notifications and alerts eliminate delays and keep the organisation moving
forwards. And managers on the move can access information, make decisions
and make transactions directly from their mobile device.

• Dashboards and reports provide instant insights into key measures and
metrics. With day-1 reporting, Workday HCM delivers key manager reports
at deployment so managers can start gaining value immediately.

• Analytics embedded directly into process flows help inform decisions


at the point of action. Comprehensive visibility into worker data
enables managers to provide informed guidance and coaching that
supports retention. Managers can view job and career interests to
steer conversations, staff projects based on skills, desires or feedback,
and recommend courses or development opportunities.

• Notifications and alerts enable managers to track any metric and


receive regular updates or alerts when the metric reaches a defined
threshold. Managers are better able to monitor their organisation
and focus their time on the most critical issues.

• Workday HCM is continuous, so there aren’t any compensation


lockouts that prevent changes, hires or promotions from being
processed. Workday HCM enables managers to coordinate all the
moving parts in change events – such as transferring an employee,
reassigning that person’s team or updating compensation – anytime
and any day of the year, even during a merit cycle.

Workday Human Capital Management | 4


• The mobile app is governed by the same access and security settings
as the browser version, giving managers everything they need to keep
moving at the speed of business.

Enlighten your executives


Executives set the course for the organisation, and Workday HCM provides
the navigation. Cascading goals align teams around common objectives,
configurable dashboards guide the way and scorecards illustrate progress
towards the plan.

• Scorecards show how you’re doing on your goals, based on the metrics
that matter most to your organisation. Teams can provide context for
performance by adding commentary.

• Performance and goals can be aligned with key milestones and


deliverables.

• Talent pipelines and talent pools reveal where your organisation


is strong and where you need to fill skills gaps or talent shortages
before they impact the organisation.

• Dynamic reports enable executives to see the big picture and then
drill down into the details to take action.

• External data can be incorporated into Workday HCM to provide


comprehensive insights.

Explore how Workday Human Capital Management can help your organisation.

Deploy Workday and get significant value, fast

Workday offers deployment services, training, support and continuous innovation to help you use Workday
with confidence as your organisation evolves. Because each customer has different requirements, resources
and goals, we’ve designed our services to meet a variety of needs and learning styles.

To help you reach your goals faster and empower your teams, subscription-based Workday Success Plans
offer exclusive access to resources, tools and expertise for an even deeper understanding of Workday.

For more information, visit workday.com/cx.

Workday | Phone: +44 (0)20 3318 2336 | workday.com/uk

© 2022. 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.
20220425-workday-human-capital-management-datasheet-ENUK

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