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Workday HCM

Workday HCM

Overview

What is Workday HCM?

Workday Human Capital Management is built as a cloud-based system with global consistency in user experience. Workday HCM is part of a broader system with other Workday products.

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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

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Pricing

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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://softwareconnect.com/human…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $100 per year per user
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Features

Human Resource Management

Organizing, tracking and providing instant access to critical employee data, job profiles, transfers, promotions, and benefits information.

8.3
Avg 7.9

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

8.6
Avg 8.0

Leave and Attendance Management

Streamlines communication between HR and employees and facilitates efficient management of employee leave including requisitions, approvals, balance calculation, and annual carry-forward.

8.4
Avg 8.1

Employee Self Service

Employee portal allowing employees to view and update their personal information.

8.3
Avg 8.1

Asset Management

Maintaining a record of assets such as laptops, pagers, cell phones, etc. issued to employees. Record typically includes asset type, number, serial number and date of issuance.

8
Avg 8.0

HR Reporting

Pre-built and custom reports, and integration with external data.

8.2
Avg 7.5

Onboarding

Employee onboarding is the process of orienting new hires to the social and performance aspects of their jobs so that they are able to function in their new roles as quickly as possible.

8.4
Avg 8.0

Performance and Goals

Goal alignment is the practice of ensuring that all employees have clearly defined goals in support of the overall corporate strategy.

8.3
Avg 8.0

Performance Management

Performance management is the process of ensuring employees meet pre-determined objectives and goals through regular check-ins and appraisals.

8.7
Avg 7.9

Succession Planning

Succession planning is the identification and development of internal employees with the potential to fill key business leadership positions in the company.

7.6
Avg 7.8

Recruiting / ATS

Recruiting or Applicant Tracking Software is software used to manage the recruitment process electronically by handling job postings, applicant status, resume management, etc.

8.2
Avg 7.8
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Product Details

What is Workday HCM?

Workday Human Capital Management is built as a single system with a single source of data, single security model, and single user experience. Workday offers organizations a cloud-based system designed to evolve, to meet changing business needs today and into the future. The system also ensures that customers are always on the latest version with up-to-date capabilities, whether they’re using Workday on a browser or mobile device. Workday HCM is part of a single system with other Workday products including Workday Financial Management, Workday Payroll (for the U.S., Canada, France, and the UK), Workday Recruiting, Workday Learning, and Workday Planning.

Key product areas:
  • Human Resource Management
  • Organization Management
  • Business Process Management
  • Reporting and Analytics
  • Employee and Manager Self-Service
  • Absence Management
  • Benefits Administration
  • ACA Management
  • Compensation Management
  • Performance and Goal Management
  • Talent Management
  • Survey Framework
  • Contingent Labor Management

Workday HCM Features

Human Resource Management Features

  • Supported: Employee demographic data
  • Supported: Employment history
  • Supported: Job profiles and administration
  • Supported: Workflow for transfers, promotions, pay raises, etc.
  • Supported: Benefits information
  • Supported: Organizational charting
  • Supported: Organization and location management
  • Supported: Compliance data (COBRA, OSHA, etc.)

Payroll Management Features

  • Supported: Pay calculation
  • Supported: Support for external payroll vendors
  • Supported: Off-cycle/On-Demand payment
  • Supported: Payroll history for each employee
  • Supported: Benefit plan administration
  • Supported: Direct deposit files
  • Supported: Payroll tracking and auditing
  • Supported: Salary revision and increment management
  • Supported: Reimbursement management
  • Supported: Statutory form management

Leave and Attendance Management Features

  • Supported: Approval workflow
  • Supported: Email notifications
  • Supported: Balance details
  • Supported: Travel absence management
  • Supported: Annual carry-forward and encashment

Employee Self Service Features

  • Supported: Employee login
  • Supported: View and generate pay and benefit information
  • Supported: Update personal information
  • Supported: Request time off
  • Supported: View job history
  • Supported: View company policy documentation
  • Supported: View company news and information
  • Supported: Employee recognition

Asset Management Features

  • Supported: Tracking of all physical assets

HR Reporting Features

  • Supported: Report builder
  • Supported: Pre-built reports
  • Supported: Ability to combine HR data with external data

Integration with other HR capabilities Features

  • Supported: Additional HR capabilities (talent management, LMS, etc.) supplied by same vendor
  • Supported: Additional HR capabilities (talent management, LMS, etc.) supplied by different vendor

Performance Management Features

  • Supported: Performance plans
  • Supported: Performance improvement plans
  • Supported: Review status tracking
  • Supported: Review reminders
  • Supported: Multiple review frequency

Succession Planning Features

  • Supported: Create succession plans/pools
  • Supported: Candidate ranking
  • Supported: Candidate search
  • Supported: Candidate development

Onboarding Features

  • Supported: New hire portal
  • Supported: Manager tracking tools

Performance and Goals Features

  • Supported: Corporate goal setting
  • Supported: Individual goal setting
  • Supported: Line-of sight-visibility
  • Supported: Performance tracking

Recruiting / ATS Features

  • Supported: Job Requisition Management
  • Supported: Company Website Posting
  • Supported: Publish to Social Media
  • Supported: Job Search Site Posting
  • Supported: Duplicate Candidate Prevention
  • Supported: Applicant Tracking
  • Supported: Notifications and Alerts

Additional Features

  • Supported: Reorganization Management
  • Supported: Workforce Planning

Workday HCM Video

Workday HCM

Workday HCM Competitors

Workday HCM Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android

Frequently Asked Questions

Workday Human Capital Management is built as a cloud-based system with global consistency in user experience. Workday HCM is part of a broader system with other Workday products.

Workday HCM starts at $100.

Oracle Fusion Cloud HCM and SAP SuccessFactors HCM are common alternatives for Workday HCM.

Reviewers rate Off-cycle/On-Demand payment highest, with a score of 9.7.

The most common users of Workday HCM are from Enterprises (1,001+ employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 107)

Workday Human Capital Management from the Implementer's Side.

Rating: 9 out of 10
July 22, 2016
Vetted Review
Verified User
Workday Human Capital Management
1 year of experience
Workday Human Capital Management is being implemented by my organization, so we don't use it, just implement it. Since it is cloud-based, it makes it easier for our customers to stay up to date with the latest versions without being negatively impacted by the updates. Workday's friendly UI also helps customers navigate and configure their system more easily.
  • Cloud-based updates. Easier for companies to stay up to date with latest technologies.
  • Friendly and user intuitive UI.
  • No local servers needed by the companies. Everything is hosted by Workday.
Cons
  • It is not 100% fleshed out for companies with a large user-base (but it is getting there).
  • On the expensive side.
Well-suited when a company is doing well and wants to modernize its processes. It is on the expensive side and time consuming to deploy so some companies might opt to stay with their old systems due to the employee training that will be required when switching to Workday.

Fun, Easy to Use Solution for HR!

Rating: 10 out of 10
January 06, 2023
OA
Vetted Review
Verified User
Workday Human Capital Management
1 year of experience
At our organisation, we use Workday for internal communication, employee information systems, appreciation, and recognition. Workday applications: Workday has helped us tremendously to maintain coordination within the team and be able to communicate internal notes with each other. Workday has made Workforce management quite easy for us and we receive feedback from everyone that it keeps them engaged. In short Workday is like a Facebook for our internal team, it is fun and easy to use!
  • Recognition and Appreciation
  • Internal Communication
  • Workforce Management
Cons
  • Recognition : I wish Workday invested in more badges
  • Leaderboard : We have games within the organisation, A leaderboard would be nice to have
  • Profile : Sometimes individual profiles have missing information. I wish there was a way to make a few fields mandatory
Workforce Management : Workday has helped us tremendously here. We are able to create new profiles for new joinees, thus making onboarding quite easy. As we operate from two locations, Workday has helped in keeping internal communication within the team alive! Recognition : Managers are able to recognise their teams through Workday, this is quite encouraging for our folks, Recognition and appreciation is not limited to mangers and peer to peer recognition is something which we are still exploring Something that might help us in this area, is if there was an option to praise our peers directly, or assign points to them. I wish Workday had a proper rewards and recognition platform too! We would be willing to invest money into something like this.

Workday is easy to use and manages the processes I need to use well.

Rating: 10 out of 10
April 14, 2021
CP
Vetted Review
Verified User
Workday Human Capital Management
5 years of experience
The whole organization uses to manage our pay, benefits, performance, feedback, time off, and time sheets for folks who need to submit those. It makes a lot of processes that could be done manually or over spreadsheets automated and simple. We also use it to manage things like healthcare and other benefit elections.
  • It's really easy to see my pay and how much I have been paid over time and where the different parts of my paycheck are going in regards to taxes, social security, 401k, etc.
  • Easy to give feedback to colleagues within the platform.
Cons
  • The search functionality is pretty bad. I'd love to be able to search for specific documents and have the search functionality bring them up (W2, April 2020 payslips). But it doesn't currently seem to recognize almost any search query
  • Its really hard to tell how the categories were created. For example if I want to find my W2 why is it hidden under Pay -> Tax documents but its not hidden under personal information -> worker documents. If your search functionality worked this would be less annoying.
  • The way you choose to collapse certain items is odd. Like in "personal information" there are 5 items shown up front and then it says "More (2)." The items are small, there is no reason to cut them off after only 5.
I believe that Workday Human Capital Management is well suited for companies that are looking to manage HR for a larger number of employees (at least 100). It seems like it would be more than is necessary below that but to be completely honest I do not work in HR and don't know. It also seems good for organizations that track hours worked.

Overall great with all in one solution and easy to use.

Rating: 8 out of 10
November 11, 2022
KC
Vetted Review
Verified User
Workday Human Capital Management
2 years of experience
Onboarding employees, using the timesheet to manage the work schedule and holidays. Also, using the workday for collecting different forms required at different stages to opt in/out for different policies. The Workday tool is also used to manage the employee's banking information, employee's career progress, annual appraisals, feedback, and sharing other policy details like the different parts in salary such as variable, stock, etc.
  • Simple UI.
  • Easy to onboard new user.
  • easy to understand option for editing or managing something.
Cons
  • Should have more option in time sheet like choose project code or something.
  • On The pay page, it should have options to view past salaries; it may be there already but not in the version that I use.
  • The employee information page does not have a back button to navigate to the previous page.
Workday human capital management is well suited for organizations to manage their employee records. It is also well suited for managing the employee's salary details, also the details of past salary changes, promotions, etc. It has options to keep track of employees' goals for the year, where they can keep track of their progress, and also managers can view the progress or share feedback. This is very helpful for tracking career progress and providing feedback. Other options, like training assigned to employees, can also be seen in Workday; users will get alerts by email for any new assignments or due assignments, etc.

Runs like well-oiled machine.

Rating: 10 out of 10
October 22, 2015
JG
Vetted Review
Workday Human Capital Management
1 year of experience
N/A
  • The application runs fast and the design make the application intuitive; very similar to your favorite consumer website. If you can use Google, Amazon, or Zappos; you can use Workday. The End User Experience is the best that I have seen in any HRMS or Financials software. There are several visual dashboards that have graphs/charts that you can even take action on by drilling into the data. The user interface is very simple, even for those not technical savvy. The ability to make a change (Related Action) of almost any data object on one screen is very impressive.
  • Mobile - The mobile experience for iPad and iPhone is amazing. Development is done with the mantra, "mobile first" to give end users the best experience.
  • Integrations - Workday has made it possible to leverage out-of-the-box integrations for many third party vendors using Cloud Connect technology. This makes it more of an exercise of mapping the data and making configurations as opposed to full blown development efforts. Workday also supports Big Data which is very attractive to companies.
  • Audit Trail Functionality: A very intuitive audit trail feature that does not require setup. Every single transaction is tracked.
  • The Community: The Workday Community listens to its customers - whether it is a customer asking for advice or a "how-to" question or it is submitting a new idea to be added in one of the two major feature releases (updates) a year. Workday also allows customers to post solutions (integration builds, how-to guides, reports, creative solutions) to the Solution Catalog that other customers can leverage. Through the Community Q&A Forums, customers can interact with other end users and even partner consultants to help with an issue.
  • Two updates a year with minimal downtime. The updates take place during a weekend and with the last update, there was only about 4 hours and 7 minutes of downtime. Workday is continuously adding new features that can be turned on by the customer discretion and over the last few updates, Workday has added over 250 new features based on customer input alone from the Community Brainstorms.
  • And finally, a single version across all customers is key in a real SaaS solution. Long gone are the days of asking another company what version they are on.
Cons
  • One of the opportunities that I see as an Implementation Partner is to offer additional training for reporting. While the reporting tool, with proper knowledge transfer and training, can be easy to use - most customers do not have the time to focus on this during the original implementation. I would recommend that your implementation partner spend time with the Subject Matter Expert showing the basics of Reporting and assisting on writing a few key and critical reports to give adequate knowledge transfer. Take advantage of the BIRT Reporting tool. In addition, enable the various Dashboards for your management team and executives. .
  • With the SaaS implementation, since everything is "documented" in the tenant; customers sometimes cannot adjust to less documentation. The documentation is typically no where close to traditional ERP Implementations that includes things like As-Is and To-Be process flows and the "implementation binder."
  • Workday has moved to 2 updates a year, with that being said, customers have to update their internal training documents to adopt changes every 6 months that can be burdensome for some customers. Workday does provide customers an updated tenant 5 weeks in advance of the Update weekend in order to have adequate time to test and make any necessary changes to documentation.
  • Security: Workday Security setup and configuration can be very complex. I would recommend that Security Administrators attend Workday Training during the initial deployment.
Please note that this review was written by an Implementation Partner of Workday. The views and opinions expressed here are my own only and in no way represent the views, positions or opinions - expressed or implied - of my employer (present and past).

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