AI-Powered Enhancements

Job Profile Skill Suggestions & Job Description Generation: Leveraging AI, Workday now provides intelligent suggestions for job profile skills and automatic generation of job descriptions within job requisitions. This feature simplifies the job creation process and ensures alignment with organizational needs.

Machine Learning in Compensation: The new update enables machine learning recommendations for the Compensation Plan field, improving decision-making when assigning compensation plans during the Change Job process. This feature requires additional setup based on the organization’s subscription agreement.

Streamlined Job and Hire Processes

Consolidated Hire Business Process: The update consolidates multiple hire-related processes into a streamlined workflow, reducing administrative overhead and improving the overall hiring experience.

Change Job Templates: Workday introduces a new user experience for initiating change job actions, offering multiple reasons and configurable templates. Enhancements also include workflow step improvements, making the process more intuitive and efficient.

Compensation Management Improvements

Percent-Based Commission Plans: This release supports global business needs by enabling percent-based commission plans, though they cannot be included in the compensation review process.

Stock Grant Scalability: Processing large volumes of stock grants has been made faster and more efficient, without the need for web services, benefiting organizations with extensive equity compensation programs.

Compensation Security Enhancements: Security updates in several compensation-related web services ensure better contextual security configurations, reinforcing data protection and compliance.

Total Rewards and Benefits Enhancements

Benefit Credit Offsets: A new feature allows employees to use leftover plan credits to offset costs during benefit enrollment, providing more flexibility in managing their total rewards.

Open Enrollment Journey Enhancements: Enhancements to the Open Enrollment Journey template include new task options, offering a more tailored and user-friendly experience during benefit enrollment periods.

Worker Wellbeing Profile and Program Cards: Workday expands its Worker Wellbeing capabilities, allowing benefit program cards to be tagged with interests configured by the organization. Employees can now view personalized content based on their wellness interests.

User Experience and Performance Enhancements

Benefit Elections User Experience Redesign: The benefits enrollment landing page and Current Elections summary have been transitioned to a card framework, enhancing the visual appeal and usability of these interfaces.

Improved Performance for Import Web Services: Performance improvements in import web services ensure faster and more reliable data processing, crucial for organizations managing large-scale operations.

Other Notable Features

Address Lookup & Global Validation: The update introduces a new address lookup feature and global address validation, reducing errors and improving data accuracy in personal information management.

Validation Rules for Custom Calculations: Custom calculations in compensation reviews are now more consistent and reliable, thanks to the implementation of validation rules.

Workday 2024R2 delivers significant enhancements across HCM and Total Rewards, empowering organizations with advanced tools and features that enhance operational efficiency, improve user experience, and support global business needs. By integrating AI-driven insights, streamlining key processes, and reinforcing data security, this release ensures that Workday continues to be a vital asset for modern workforce management.