From On-Boarding to Retirement: Manage Your Entire Global Workforce
Workday handles the entire worker lifecycle, providing a centralized and cohesive solution to manage your global workforce.
With Workday, you can:
- Establish a workforce plan and set headcount and staffing budgets
- Track hiring to budgets
- Define security by management hierarchy or geography
- Coordinate multiple or contingent process events based on another staffing event, such as a transfer or a promotion
- View all contingent workers and perform personnel actions on them — e.g., transfer, hire as employee, end contract, etc.
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Workday handles the management of the entire onboarding-to-retirement process for the workers in your business. Built on a global core, Workday can be configured to bring consistency across your organization, as well as accommodate unique requirements around the world. From planning your workforce budget and staffing strategies to managing retired workers, Workday gives you the tools needed to effectively plan, hire, manage, and analyze a global workforce.
Plan
- Establish a workforce plan with headcount, position, and cost budgets to guide hiring momentum
- Set up and maintain jobs and positions according to flexible rules
- Assign compensation to open positions to support position budgeting
- Allow organizations to choose from three staffing models to set the right balance between control and flexibility in their hiring process
- Configure staffing business processes by region, division, or organization
Hire
- Hire employees into single or multiple positions, including global assignments
- Manage the transition of any worker from applicant to employee or contingent worker
- Default appropriate compensation to new hires based on flexible rules
- Attach documents for each worker (e.g., employment contracts, ID verification, etc.)
- Assign workers to multiple business entities, including companies, cost centers, departments, teams, projects, and matrix organizations
Manage
- Establish compensation processes, maintain consistency of compensation around the globe, and manage the performance and compensation review process
- Manage the movement of individuals or groups within an organization, including transfers, promotions, and demotions
- Seamlessly administer the transition of workers from employee or contingent worker to terminated worker or retiree
- Enable self-service access to retirees who need to maintain personal information
Analyze
- Easily report on and drill into global positions, headcount, turnover, and other workforce demographics
- Access complete views of workers history and capabilities through comprehensive worker and talent profiles
- Navigate teams and organizations graphically to spot vacancies, span of control, and plan for succession
- Maintain detailed corporate safety data in order to spot trends and problem areas, as well as enable required government reporting
Only Workday HCM unifies HR and Talent Management into one solution.
HR is looking for ways to identify, retain and develop talent while helping the organization save money.
Leighanne Levensaler discusses Workday's new Faceted Search