How does Workday support performance management?

Workday supports performance management primarily through goal setting, feedback, and performance reviews. This approach facilitates a structured process for employees and managers to align individual objectives with organizational goals, helping to enhance performance over time.

The goal-setting function enables employees to set specific, measurable targets that contribute to both personal development and the company's strategic objectives. Regular feedback encourages ongoing conversations about performance, allowing for adjustments and continuous improvement. Performance reviews are formal assessments that provide insights into an employee's contributions over a specified period, reinforcing accountability and identifying areas for growth.

While aspects such as external feedback from clients, rewards and recognition programs, and training modules for skill development contribute to a holistic performance management strategy, the core functions provided by Workday specifically address the systematic evaluation and enhancement of employee performance through defined objectives and regular assessments.