Three Critical Challenges for HR Leadership Solved by Workday
The priorities of employees have gone through paradigm-shifting changes since the early days of the COVID-19 lockdown in 2020. The most fundamental basics of working for an organization have been challenged, tested, and reinvented, and HR leadership has had to respond on the fly and race to keep up with demand or risk losing talented professionals to the competition or to other industries altogether.
Keeping a Personal Touch Through Technology
How can HR leaders serve both the business and their workforce in this new environment? Workday has products that tackle some of the biggest challenges facing leadership today.
1. Staff Retention
The Great Resignation left no company unaffected, and many are still feeling the pinch of the tight labor market. Turnover is higher in 2022 than it was in 2021 according to the U.S. Bureau of Labor Statistics. As a business partner, HR must prioritize talent acquisition and retention to ensure business continuity. Workday offers a full battery of uses, including payroll flexibility, remote-work tracking, and charting employee growth to make employee retention easier for managers and business leaders.
2. Reducing Costs
“Do more with less.” That's been a near universal directive as teams have shrunk, budgets have dwindled, and expectations have grown. HR leaders must sometimes fight the perception that their department is “overhead,” but Workday's functionality can do critical analysis of which programs employees are benefiting from, which can be deemed as non-essential, and which could be reallocated to existing resources. Tapping into this financial analysis and taking action will have an impact on the bottom line.
3. Employee Engagement
“Employee engagement” is approaching buzz word status, but it's a powerful retention tool when focused upon. Workday's technology allows companies to create positive experiences from application to onboarding to daily life and then progression planning. Workday's engagement features can even assist in tracking how well messages are received and absorbed in different media, in different formats, and from different members of a company's leadership.
Solve your HR Leadership Challenges with ERPA + Workday
Strong leaders view periods of challenge as opportunities but no man is an island. If you're an existing Workday customer and ready to tap fully into its power, ERPA is here and ready to help you. Fill out the form below to speak with someone on how we can help you solve your business needs with Workday.