How does Workday facilitate compliance with labor laws?

Workday facilitates compliance with labor laws primarily by creating tools to monitor, adjust, and ensure compliance. This functionality includes features that enable organizations to stay updated with the latest labor regulations and automatically adjust their practices accordingly. Workday's compliance tools help organizations manage employee data effectively, ensuring that they adhere to various labor laws related to payroll, benefits, hours worked, and employee classification.

These tools can automate alerts for potential compliance issues, provide real-time compliance reporting, and offer guidance on adhering to regulatory changes. By embedding compliance mechanisms into daily operations, Workday ensures that organizations are not only informed about current labor laws but also equipped to maintain ongoing compliance, minimizing legal risks and potential penalties.

While competitive salary options, connections with external auditing firms, and quarterly reports on compliance status can support compliance efforts, they do not directly address the need for a systematic approach to monitor and adjust practices in line with labor laws as effectively as the comprehensive compliance tools provided by Workday.