Workday Absence Management allows companies to define and manage both their accrued time off and leave-of-absence plans. To support the various ways organizations define time-off policies, Workday Absence Management provides a highly flexible and configurable set of rules to define eligibility criteria, accruals and accrual limits, negative balance limits, carryover allowances, and calculation period schedules.
Time off is an important component of an employee's total compensation package. Employers need the tools to create and deploy the types of plans that fit with their business goals and compensation philosophies. Workday Absence Management provides the tools to build flexible plan definitions that include the following:
Unlike traditional ERP solutions that offer separate calculation methods for applications such as
Payroll and Absence Management, Workday Absence Management shares a common Calculation Engine with Workday Payroll. This simplifies the process of defining payroll earnings, deductions, accumulations, and balances using the same user interface used to define your absence eligibility criteria, accruals, time off, balances, and accrual limits. And because it's all configured, there is no upgrade impact when Workday-delivered processes change.
Absence information is readily available, and employees can easily review their balances and enter requests for time off or leaves of absence using configurable business processes. Employees use Workday's self-service application to view their absence balances, view estimated absence balances as of a future date, record their time off requests, and track the approval process of their requests. Delivered reports help managers and administrators track their population of employees on various leaves.
Absence | Benefits | Compensation | Development | Performance | Staffing
5-Minute Previews present brief scenarios of how Workday On-Demand HCM and Financials can help you.
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