For what purpose does Workday facilitate performance reviews?

Workday's facilitation of performance reviews primarily aims to enhance employee accountability and development. These reviews provide structured opportunities for managers and employees to discuss job performance, set goals, and identify areas for professional growth. By allowing open dialogue during these evaluations, organizations can foster a culture of feedback, which is crucial for both individual and organizational success. Performance reviews encourage employees to take ownership of their work and actively engage in their development, leading to improved performance and job satisfaction.

The other options, while potentially related to aspects of organizational functions, do not capture the core purpose of performance reviews in Workday. Compliance with industry laws would be more about regulatory requirements rather than individual employee development. Calculating annual bonuses may be a consideration in the review process but is not the primary objective. Similarly, managing employee resources and staffing pertains to workforce planning rather than the purpose of performance evaluations, which focus on personal accountability and growth in performance.