Talent Management Overview
Workday Talent Management works seamlessly with Workday Human Resource Management to let you align and assess talent, pay for performance, and plan your leadership success. You can do all of this from a single, unified solution. It helps in tracking the core Talent data such as competencies, education, languages and certifications. It helps in measuring employee performance through goal management, feedback, and event-driven reviews. It also helps in assessment of employee potential, and group and manage employees for development and succession. Employees can be viewed across the organization and their performance ratings can be calibrated to ensure consistency. Tools are provided to help the employees develop to their potential and achieve career goals within the organization. Knowledge of Workday HCM is essential before learning any other module in Workday.
The objectives of Workday Talent and Performance Management include:
➤ Viewing and populating the Professional Profiles
➤ Configuring the Worker Profiles to include Talent related tabs
➤ Identification of Workday delivered Talent reports and worklets
➤ Configuration of the Talent Management dashboard and Home Page
Talent Attributes allows us to define all the data needed to drive talent metrics for the organization. It is used to create the basis for strategic talent analysis.
Potential Assessment Values:
Achievable Levels, Potential, Loss Impact, and Retention are all assessments of Potential that can be completed for a worker. The assessment values are used in reports and analytics, providing insight into the quality of the workforce.
Skills and Experience:
Certifications, Languages, Professional Affiliations, Training Types, Work Experiences and Skills Categories are the attributes available to track and report on in Workday.
Career Interests and Mobility:
Career Preferences, Travel Amounts, and Relocation Preferences are the attributes can be tracked in the Career Interests and Mobility category.
Competencies are the skills, behaviors and attitudes that workforces need to perform on their roles effectively. Workday supports the configuration Competencies. Competencies of an Advanced Competency framework that allows to associate competencies and their specific behaviors with a Job Family, Job Profile, Management Level, or employee. It can be organized within a Competency Category, and those categories can be associated with Competency Classes. The following would be taught with regard to the concept of competencies in Workday talent and management training:
➤ Creation of a competency, competency category and competency class
➤ Creation of a Proficiency Rating Scale and associate behaviors with each rating
➤ Creation of level-based behavioral indicators
Performance Management Overview
Performance Management is a process by which managers and employees work together to plan, monitor, and review the employee’s performance objectives, expectations, and their overall contribution to the success of the organization. The features of Performance Management include configurable event processes, goal management, performance review, online appraisals for employees and managers, calculation of pay for performance, and performance calibration.
Talent and Performance Calibration
Talent Calibration is used to ensure performance and potential are assessed consistently across the organization. The goal is for a group of Business Leaders and/or HR/Talent Professionals to review all workers ratings and use the calibrated information to develop plans that will effectively manage talent across the organization. A Performance review calibration enables in calibrating the worker’s performance rating. Performance Review calibration can also be included within the Performance Review business process, so that the calibrated ratings can be directly applied to the worker’s overall performance rating. The following must be configured in order to complete a Calibration activity:
➤ Custom nBox Report
➤ Calibration Program
➤ Launch Calibration Business Process
Best Possible In-depth Talent & Performance Management Functional Area Training Available!
This unique training class was thoughtfully created to cover every potential scenario a Talent and Performance Functional Consultant will need to perform on the job. The instructor structured and presented this class in a 1 to 1 style, which resulted in an engaging and entertaining class. I am fully confident that any student who completes this video series and reads through the volumes of supporting documents included will succeed as a Talent & Performance Management specialist. As always with ERP Cloud Training's courses, the downloadable materials are yours to keep and I've already begun making use of them myself in my daily work! Kudos to the ERP Cloud Training academy for creating yet another fantastic avenue for Workday learning! - Kelly Lensing
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