Workday provides a single global solution that allows compensation teams to set up and manage compensation grades, pay ranges / levels, steps, and eligibility rules. Manage all core aspects of employee compensation for a global workforce. Supported compensation plans include salary, hourly, allowance, and commission. Manage plan and pay range adjustments, reimbursable allowance plans, severance pay and create statutory compensation statements.
In addition to the above, Workday also allows customers to manage merit, bonus and stock plans, related proration, waiting period and process participation rules, compensation matrices, and performance factors for bonus plans. Manage mass merit, bonus and stock processes. Create custom merit statements, coordinate events within merit, and roll-out statutory increases.
Come join us for a 90-minute session to see compensation in action with the Power of Workday.
