Workday Payroll is designed to address the full spectrum of enterprise payroll needs and includes the control, accuracy, and flexibility to support the unique aspects of your organization. http://www.workday.com/solutions/payroll_solutions.php
1. Workday Payroll
Workday Payroll is designed to address the full spectrum of enterprise Key Features and Benefits
payroll needs and includes the control, accuracy, and flexibility to support • Manage the entire payroll for all U.S.
the unique aspects of your organization. Through intuitive self-service and workers
configuration capabilities, Workday Payroll ensures day-to-day and period-
• Configure pay elements, business
to-period payroll activities run smoothly and consistently.
processes, and pay groups
• Leverage a modern calculation engine to
Leverage Your Investment in Workday HCM
handle complex requirements
Workday Payroll is built as part of Workday Human Capital Management
(HCM). With Workday Payroll and HCM, you can maximize your overall • Define processing criteria for pay runs
investment and leverage built-in efficiencies. • Run multiple pay groups together
• Provide self-service online pay slips,
• Use the same business process framework and core worker data
W-2s, W-4s, and payment elections
stored within Workday HCM, including worker information, benefits,
compensation, and time off. • Perform comprehensive audits before
final payroll run
• Provide a unified self-service solution. Employees can request time • Utilize pre-built reports for quick insights
off, check online pay slips, and make payment elections all from the into payroll results
same system.
• Get automatic tax updates through SaaS
delivery model
Address Your Unique Requirements
Traditional payroll solutions provide hard-coded,
out-of-the-box packages that are often unable to
accommodate specific business needs. Workday
provides flexible and intuitive configuration
capabilities that can support your organization’s
advanced requirements.
• Define earnings and deductions using
compensation elements and benefit plan
costs captured by Workday HCM.
• Create identifying eligibility criteria and
scheduling logic, such as taking medical
deductions only on the first pay period of
each month.
• Configure accumulations, balance periods,
and balances according to your current
calculation and reporting needs.