WORKDAY HCM

WORKDAY HCM

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Learn Workday Online Training

Workday is a cloud, on demand financial and human capital management software. It provides similar services as Oracle and SAP. It is presently head quartered at Pleasanton, California.

Workday specialises in providing Human Capital Management, Financial Management and payroll in online domain.It is a major web based ERP software vendor.

It is capable of providing management services with an option to oversee time tracking, employee data, expanse management, financial accounting and procurement. It is famous for the emphasis it puts on providing customers integrated modules for business and human resource management and usability.

Workday uses IBM cloud as a platform for developing and testing products. With Workday the users can get total visibility to make decisions after clear consideration and analysis of data that is gathered. The Workday application can be accessed by any individual through their phones or tablets. Workday applications and software is slowly getting popular in the industry.

Who Can Take This Course?

Workday is the only platform for Finance Marketing, Human Resources. Workday is on demand cloud-based software. I think this is a stage in the right direction. Workday is an impressive item, plenty of greater organizations are getting into it now, and a lot of edge organizations are now on it. Following candidates can do:

  • Fresher’s
  • IT Experts.

What Are The Prerequisites?

There aren’t any specific prerequisites for learning about Workday, its applications and its toolset. Any interested student can opt to study about Workday.

Hands-On Experience

With the growing interest in Workday and its products, the demand for online training courses has also increased. Online IT Guru has been providing various business solutionsto different firms in and around the world. Both its faculty and administration, have industry experience with these business models and tools like Workday.

All the experience of the faculty is put to use by the administration of Online IT Guru. The syllabus is designed to get students adaptable to the industry environment. The projects and assignments are given regularly to students to make them perfect with the course content.

Workday HCM Functional Course Content

Number of Modules :2

Core HCM & Advanced Compensation

Core Concepts and Navigation Basics

Overview
Core Concepts
Business Objects
Basic Navigation
Additional Navigation Topics
Activity (Hands on): Search and Navigation

Organizations in workday

Overview
Supervisory organizations
Reorganization
Activity: Create location, Reorganization, Supervisory organization.
Managing supervisory organizations
Activity: Create subordinate Supervisory organizations
: Dividing Supervisory organizations
: Assign Superior Organizations
Additional Organization types and Organizational Hierarchies

Activity: Create a company organization

Organization Hierarchies

Activity: Create a cost center and cost center Hierarchies.
: Add location to Location Hierarchy
: Organizational Assignments.

Staffing Models

Various types of Staffing Models
Hiring Restrictions
Differentiating staffing models
Activity: Select and Edit the Staffing model

Jobs and positions

Job profiles
Differentiating Jon Profiles, Job families and job family groups
Activity: Creating a job profile
Creating positions and jobs
Activity: Create Positions
: Set hiring restrictions on job management organizations
: Assign position to Assignable roles
Managing filled and Unfilled Positions and Jobs

Compensation

Compensation overview
Compensation Eligibility Rules
Activity: Create Compensation rules
Compensation Grades
Activity: Create compensation Grade and assign to job profiles

Compensation plans
Compensation Package
Activity: Create Compensation Plans and Compensation Package
: Compensation Rule Assignment
Compensation Events
Total Compensation Report
Compensation Reports

Hiring Workers

Process overview
Hire Process
Activity: Hire into Supervisory Organization

Workday Configurable Security

Configurable Security
Security Groups
Activity: Security Group Assignments
Functional Areas, Securable Items and Security Policies
Activity: Navigate Functional Areas and View Security for Securable Item
: Modify Domain Security Policy
: Modify Business Process Security Policy
: Hire into Supervisory organization

Configuring Business Processes

Business Process Frame work
Business Process Configuration Options

Business Process and sub processes

Activity: Copy Business Process of Supervisory Organization
: Edit the Hire of Supervisory Organization
Business Process Step Configuration

Activity: Configure Business Process Steps
:Create Business Process Notification
Rule based Business Process
Deploying Business Process

Event Management

Finding an event
Task Reassignment and Request Reassignment

Request Delegation Change
Activity:Request Delegation Change
:Rescind an Event
Correct Business Process
Correct a hire event
Move workers and inactivate supervisory organization

Additional Staffing Transactions

Contracting Contingent Workers
Activity: Contract a contingent Worker
:Convert a Contingent Worker
Staffing movement
Switch primary Job
Activity: Change Job
Termination
Activity: Termination

Job Overlap
Activity: Job Overlap

Bonus Process

1.Setup Bonus Plans
2.Create Deferred Bonus calculations
3.Create Bonus Plans
4.Create future payment plans
5. Create future payment plans and True ups
6.Steps: Pay for company performance
7.Create compensation score cards
8.Create compensation score card results
9.Company performance options
10.Assign future payment plans to employees
11.Caluculate outstanding balances for future payment plans

12.Recind Bonuses for individual employees.
13.Steps: Setup Eligible earnings overrides for Bonuses
14.Crete Eligible earnings overrides for Bonuses
15. Give Bonuses to Multiple Employees
16. Steps: Request Bonus Payment Using EIB

Merit Process

1.setup Merit Plans
2.Create Merit Plans
3.Create Custom Merit Statements
4.Intiate Merit process
5.Manage multiple compensation Events during merit process
6.Change Merit pools
7.Distribute Merit polls to organizations
8.Launch Employee Merit Awards
9.Propose Employee Merit Awards
10.Review promotions in Merit Process
11.Approve Employee Merit Awards
12.Release Merit Statements
13.Request Merit Adjustment Using EIB

STOCK Process.

1.Steps: Set Up Stock Plans
2. Create Stock Plans
3. Request Stock Grants
4. Add Stock Grants
5. Initiate Stock Processes
6. Manage Multiple Compensation Events During Stock Processes

7. Change Stock Pools
8. Distribute Stock Pools to Organizations
9. Launch Employee Stock Grants
10. Propose Employee Stock Grants
11. Approve Employee Stock Grants
12. Update Stock Grants
13. Steps: Request Stock Grant Using EIB
14. Steps: Update Stock Grants Using EIB

One Time Payment

1.Steps: Manage One-Time Payment
2.Create One-Time Payment Plans
3. Request One-Time Payments for Employees
4. Steps: Request One-Time Payment Using EIB

Compensation Basis

1. Create Configurable Compensation Basis
2.Create Calculation Compensation Basis
3.Concept: Compensation Basis

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