PERFORMANCE MANAGEMENT

Workday Performance offers accurate, real-time insight into the performance, skills, and development needs of the workforce, allowing you to optimize performance across the organization.

With Workday, you don't just get a great performance solution. You get a unified Human Capital Management system that includes both HR and Talent Management, making it easy for organizations to configure the performance process by role or talent pool, link individual performance to organizational goals, identify top talent across borders, take action on development needs, and pay for performance.

Define the Performance Process

• Include competencies, goals, accomplishments, responsibilities, and development areas on a single review
• Default review content based on the employee's role or position
• Roll out reviews, monitor progress and take action on late or incomplete reviews
• Foster collaboration by including the appropriate roles in the review process
• Solicit or give feedback any time or request feedback from multiple sources specifically for a review

Support Standardization and Flexibility

• Increase consistency across the organization as well as adhere to local customs and process requirements
• Configure the performance process by organization, business site, region, etc.
• Design different performance templates for targeted employee groups

Pay for Performance

• Define global rewards programs with locally appropriate targets to ensure fair and consistent compensation practices
• Set compensation budgets based on bottom up targets, performance goals, or top down funding
• Motivate and reward based on individual, team, and business performance
• Make better decisions based on contextual and comparative information during the compensation review

Develop Talent

• Seamlessly start development plans to help develop your talent as an immediate follow up to performance reviews. Read more about Career and Development capabilities.