Learn Workday HCM

Introduction

Ready to kickstart your journey into the world of Workday HCM (Human Capital Management)? Whether you’re just getting started or looking to gain a solid foundation, this course is designed to help you navigate the core features and functionalities of Workday HCM with confidence. We’ll begin by introducing what Workday HCM is and why it’s a powerful tool for managing HR processes, from recruiting and onboarding to payroll and talent management. As we progress, you’ll gain hands-on experience with key tasks, system navigation, and best practices.

What You’ll Learn:

Session 1: Introduction to Workday HCM
We’ll cover the basics—what Workday HCM is, its importance in managing HR processes, and how it integrates with other business tools.

Session 2: Navigating the Workday Interface
Get familiar with the Workday interface. You’ll learn how to navigate the system, access different dashboards, and perform basic functions with ease.

Session 3: Managing Employee Data
Master the essentials of managing employee information. In this session, you’ll learn how to input, update, and organize employee data within Workday HCM.

Session 4: Recruiting and Onboarding
Learn how to streamline the hiring process. We’ll guide you through how Workday handles recruiting, onboarding, and integrating new hires into your organization.

Session 5: Compensation and Benefits
This session dives into how Workday manages employee compensation, benefits, and payroll, helping you ensure that all HR operations run smoothly.

Session 6: Time Tracking and Absence Management
Discover how to track employee attendance, time off, and leaves in Workday HCM, giving you full visibility and control over time management.

Session 7: Reporting and Analytics
Learn how to generate key reports and leverage Workday’s analytics tools to gain valuable insights into your workforce and HR metrics.

By the end of this course, you’ll be able to:

• Efficiently navigate and use Workday HCM for day-to-day HR tasks.
• Manage employee data, from hiring to performance management.
• Utilize Workday for payroll, benefits, and compensation management.
• Generate and interpret reports to make data-driven HR decisions.

Let’s dive into the basics of Workday HCM and help you become proficient in managing your organization’s most valuable asset—its people!

Career Opportunities

Professionals certified in Workday HCM have a variety of career paths available, primarily in human resources and related fields. Some common job roles include:

1. Workday HCM Consultant
   • Responsibilities: Implementing and configuring Workday solutions for clients, gathering requirements, and providing ongoing support.
   • Opportunities: Work with consulting firms or as a freelance consultant.
2. HR Business Analyst
   • Responsibilities: Analyzing HR processes and systems, improving efficiency, and facilitating the adoption of Workday HCM within the organization.
   • Opportunities: Work within corporations, focusing on HR transformation projects.
3. HRIS Manager
   • Responsibilities: Managing the Human Resource Information System (HRIS), ensuring data integrity, and overseeing the integration of Workday HCM with other systems.
   • Opportunities: Typically found in mid to large organizations, with potential leadership responsibilities.
4. Workday HCM Specialist
   • Responsibilities: Providing specialized support for Workday HCM modules, including payroll, benefits, and talent management.
   • Opportunities: Often employed by companies that have adopted Workday, focusing on optimizing its use.
5. Training and Development Specialist
   • Responsibilities: Designing and delivering training programs on Workday HCM for HR staff and end-users.
   • Opportunities: Work in training companies, educational institutions, or within organizations using Workday.
6. Change Management Consultant
   • Responsibilities: Guiding organizations through the transition to Workday HCM, focusing on employee communication and training.
   • Opportunities: Typically work for consulting firms or as independent consultants.

Projected Growth

The demand for professionals skilled in Workday HCM is driven by several factors, including the increasing adoption of cloud-based HR solutions and the growing need for organizations to manage their workforce efficiently. Here are some key points regarding projected growth:

• Overall HR Technology Market Growth: The HR technology market is expected to grow significantly, with estimates suggesting it could reach $30 billion by 2025. This growth is fueled by trends like digital transformation, remote work, and the need for data-driven HR practices.
• Specific Demand for Workday Skills: Workday has established itself as a leader in cloud-based HCM solutions. As more organizations transition to Workday, the demand for certified professionals who can implement, manage, and optimize this platform is expected to grow.
• Job Growth Statistics: According to the U.S. Bureau of Labor Statistics (BLS), employment for HR specialists, which includes roles that utilize Workday, is projected to grow by 7% from 2021 to 2031, which is faster than the average for all occupations.

Average Salary

Salaries for Workday HCM professionals can vary based on factors such as location, years of experience, and specific job roles. Here’s a general overview of average salaries:

1. Workday HCM Consultant:
   • Average Salary: $90,000 – $130,000 per year.
   • Senior consultants can earn over $150,000.
2. HR Business Analyst:
   • Average Salary: $70,000 – $100,000 per year.
   • More experienced analysts can earn upwards of $110,000.
3. HRIS Manager:
   • Average Salary: $85,000 – $120,000 per year.
   • Salaries for senior roles can exceed $140,000.
4. Workday HCM Specialist:
   • Average Salary: $80,000 – $115,000 per year.
   • Specialists with extensive experience can earn over $120,000.
5. Training and Development Specialist:
   • Average Salary: $65,000 – $95,000 per year.
   • Senior roles can command salaries above $100,000.
6. Change Management Consultant:
   • Average Salary: $85,000 – $130,000 per year.
   • Experienced consultants can earn over $150,000.

Conclusion

Professionals with Workday HCM certification are positioned well for growth in the HR technology sector. The combination of increasing demand for Workday solutions, projected job growth, and competitive salaries makes this a promising career path for those seeking to specialize in HR technology.