Compensation Management Software
Incomparable compensation management.
Workday helps you craft packages that stand out, identify and address pay inequities, and reward your people for all their hard work. What can we say? It’s the whole package.
WHAT YOU CAN DO
Get compensation just right.
With compensation management software from Workday, one platform pays off. Empower teams to review compensation and set the right rewards. And deliver total rewards faster and more efficiently with our next-gen AI, Workday Illuminate™.
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Pay equity dashboards
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Compensation analysis tools
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Total rewards statements
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Compensation review
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Total compensation basis
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Executive compensation
Attract, retain, reward.
Balancing your organization’s costs and your employees’ expectations is no easy feat. Workday helps you fine-tune compensation to keep both your business and your people moving forward.
Create a marketable mix.
Strike the right compensation balance so you can attract and keep your best talent. Workday allows you to combine compensation components from regular pay to merit, bonus, and stock.
Manage merit your way.
Bring administrators and managers to the table and give them the insights they need to work on the merit process together. We provide configurations for bonuses, stock plans, and more.
Configure what you need, when you need it.
Compensation isn’t one-size-fits-all. We give you the flexibility to create programs tailored to the unique needs of your people. Configure all kinds of compensation elements including grades, packages, plans, and eligibility rules.
Workday customers reduced end-to-end compensation planning cycles by 80%.
Total insight into total rewards.
Our total rewards statements give employees the full breakdown of their rewards. The best part? This feature comes standard with Workday—unlike with other vendors.
Deliver greater transparency.
Educate your workforce.
Include compensation, benefits, and payroll.
View statements on-demand.
Spot-on benchmarking.
Stay competitive in today’s talent market with more comprehensive compensation survey management. By combining multiple data sources—such as pay range and retention risk—Workday makes it easier to see if you’re offering rewards that people expect and want.
See how we help you succeed.